| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.6B | — | $3.5B | — | 2.1% |
| Op. Income | -$1.6B | — | $617M | — | -351.9% |
| Gross Margin | 45.3% | — | 43.6% | — | 1.7pp |
| Net Margin | -50.8% | — | 9.4% | — | -60.2pp |
| EPS (Diluted) | $-27.56 | — | $5.56 | — | -595.7% |
| Free Cash Flow | $232M | — | $365M | — | -36.4% |
| Item | Amount |
|---|---|
| REVENUE | $3.6B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $288M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $675M |
| Other Expenses | $2.2B |
| Operating Expenses | $3.2B |
| Cost & Expenses | $5.2B |
| OPERATING INCOME | -$1.6B |
| Interest Income | $83M |
| Interest Expense | $422M |
| Other Income/Expenses | -$374M |
| INCOME BEFORE TAX | -$1.9B |
| Income Tax Expense | -$87M |
| Net Income from Continuing Ops | -$1.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1.8B |
| D&A | $397M |
| EBIT | -$1.5B |
| EBITDA | -$1.1B |
| EPS | -$28 |
| EPS Diluted | -$28 |
| Item | Amount |
|---|---|
| Net Income | -$1.8B |
| Depreciation & Amortization | $397M |
| Stock-Based Compensation | $54M |
| Deferred Income Tax | -$234M |
| Other Non-Cash Items | $2.0B |
| Change in Working Capital | -$99M |
| OPERATING CASH FLOW | $319M |
| Capital Expenditure | -$87M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$84M |
| Net Debt Issuance | -$187M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$59M |
| Other Financing Activities | -$13M |
| NET CASH FROM FINANCING | -$259M |
| FREE CASH FLOW | $232M |
| Net Change in Cash | -$34M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $875M |
| Short-Term Investments | $0 |
| Net Receivables | $603M |
| Inventory | $991M |
| Other Current Assets | $227M |
| TOTAL CURRENT ASSETS | $2.7B |
| PP&E (Net) | $1.0B |
| Goodwill | $2.6B |
| Intangible Assets | $2.6B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $240M |
| TOTAL NON-CURRENT ASSETS | $6.4B |
| TOTAL ASSETS | $9.1B |
| Account Payables | $327M |
| Short-Term Debt | $93M |
| Deferred Revenue | $77M |
| Other Current Liabilities | $264M |
| TOTAL CURRENT LIABILITIES | $848M |
| Long-Term Debt | $4.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $640M |
| Other Non-Current Liabilities | $257M |
| TOTAL NON-CURRENT LIABILITIES | $5.8B |
| TOTAL LIABILITIES | $6.6B |
| Common Stock | $0 |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | $373M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$96M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $9.1B |
| Total Debt | $5.0B |
| Net Debt | $4.1B |
