| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.0B | — | $1.9B | — | 0.7% |
| Op. Income | $155M | — | -$188M | — | 182.5% |
| Gross Margin | 78.6% | — | 76.1% | — | 2.4pp |
| Net Margin | -9.8% | — | -20.7% | — | 10.9pp |
| EPS (Diluted) | $-1.01 | — | $-2.12 | — | 52.4% |
| Free Cash Flow | $80M | — | $116M | — | -31.5% |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $420M |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $263M |
| Selling & Marketing | $374M |
| General & Administrative | $332M |
| SG&A Expenses | $706M |
| Other Expenses | $416M |
| Operating Expenses | $1.4B |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $155M |
| Interest Income | $0 |
| Interest Expense | $326M |
| Other Income/Expenses | -$323M |
| INCOME BEFORE TAX | -$168M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | -$193M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$193M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$193M |
| D&A | $366M |
| EBIT | $205M |
| EBITDA | $571M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$193M |
| Depreciation & Amortization | $366M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$30M |
| Other Non-Cash Items | $203M |
| Change in Working Capital | -$110M |
| OPERATING CASH FLOW | $236M |
| Capital Expenditure | -$157M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $21M |
| NET CASH FROM INVESTING | -$136M |
| Net Debt Issuance | -$77M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$77M |
| FREE CASH FLOW | $80M |
| Net Change in Cash | $22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $204M |
| Short-Term Investments | $0 |
| Net Receivables | $340M |
| Inventory | $214M |
| Other Current Assets | $135M |
| TOTAL CURRENT ASSETS | $904M |
| PP&E (Net) | $162M |
| Goodwill | $2.6B |
| Intangible Assets | $1.9B |
| Long-Term Investments | $0 |
| Tax Assets | $6M |
| Other Non-Current Assets | $296M |
| TOTAL NON-CURRENT ASSETS | $4.9B |
| TOTAL ASSETS | $5.8B |
| Account Payables | $110M |
| Short-Term Debt | $21M |
| Deferred Revenue | $736M |
| Other Current Liabilities | $156M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $3.4B |
| Deferred Revenue NC | $775M |
| Deferred Tax Liabilities | $15M |
| Other Non-Current Liabilities | $16M |
| TOTAL NON-CURRENT LIABILITIES | $4.3B |
| TOTAL LIABILITIES | $5.4B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | -$1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $245.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $369M |
| Minority Interest | $0 |
| TOTAL EQUITY | $369M |
| TOTAL LIABILITIES & EQUITY | $5.8B |
| Total Debt | $3.5B |
| Net Debt | $3.3B |
