| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $934M | $896M | $892M | 4.2% | 4.7% |
| Op. Income | $136M | $128M | $24M | 6.3% | 466.7% |
| Gross Margin | 47.2% | 48.2% | 46.1% | -1.0pp | 1.1pp |
| Net Margin | 9.7% | 6.9% | -7.7% | 2.8pp | 17.5pp |
| EPS (Diluted) | $1.33 | $0.92 | $-1.02 | 44.6% | 230.4% |
| Free Cash Flow | $125M | $108M | $147M | 15.7% | -15.0% |
| Item | Amount |
|---|---|
| REVENUE | $934M |
| Cost of Revenue | $493M |
| GROSS PROFIT | $441M |
| R&D Expenses | $65M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $176M |
| Other Expenses | $64M |
| Operating Expenses | $305M |
| Cost & Expenses | $798M |
| OPERATING INCOME | $136M |
| Interest Income | $5M |
| Interest Expense | $66M |
| Other Income/Expenses | -$56M |
| INCOME BEFORE TAX | $80M |
| Income Tax Expense | -$11M |
| Net Income from Continuing Ops | $91M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $91M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $91M |
| D&A | $86M |
| EBIT | $149M |
| EBITDA | $235M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $934M |
| Cost of Revenue | $493M |
| GROSS PROFIT | $441M |
| R&D Expenses | $65M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $176M |
| Other Expenses | $64M |
| Operating Expenses | $305M |
| Cost & Expenses | $798M |
| OPERATING INCOME | $136M |
| Interest Income | $5M |
| Interest Expense | $66M |
| Other Income/Expenses | -$56M |
| INCOME BEFORE TAX | $80M |
| Income Tax Expense | -$11M |
| Net Income from Continuing Ops | $91M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $91M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $91M |
| D&A | $86M |
| EBIT | $149M |
| EBITDA | $235M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $91M |
| Depreciation & Amortization | $86M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$58M |
| Other Non-Cash Items | $41M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $176M |
| Capital Expenditure | -$51M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$51M |
| Net Debt Issuance | -$229M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$15M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$246M |
| FREE CASH FLOW | $125M |
| Net Change in Cash | -$147M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $714M |
| Short-Term Investments | $0 |
| Net Receivables | $615M |
| Inventory | $893M |
| Other Current Assets | $252M |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $1.0B |
| Goodwill | $2.5B |
| Intangible Assets | $2.3B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $356M |
| TOTAL NON-CURRENT ASSETS | $6.1B |
| TOTAL ASSETS | $8.6B |
| Account Payables | $341M |
| Short-Term Debt | $50M |
| Deferred Revenue | $71M |
| Other Current Liabilities | $218M |
| TOTAL CURRENT LIABILITIES | $775M |
| Long-Term Debt | $4.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $504M |
| Other Non-Current Liabilities | $290M |
| TOTAL NON-CURRENT LIABILITIES | $5.5B |
| TOTAL LIABILITIES | $6.3B |
| Common Stock | $0 |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | $503M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$248M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $8.6B |
| Total Debt | $4.8B |
| Net Debt | $4.1B |
