| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.2B | — | $4.8B | — | -12.4% |
| Op. Income | $174M | — | $313M | — | -44.4% |
| Gross Margin | 20.0% | — | 23.9% | — | -3.9pp |
| Net Margin | 3.1% | — | 4.7% | — | -1.6pp |
| EPS (Diluted) | $1.18 | — | $1.85 | — | -36.2% |
| Free Cash Flow | $459M | — | $676M | — | -32.1% |
| Item | Amount |
|---|---|
| REVENUE | $4.2B |
| Cost of Revenue | $3.4B |
| GROSS PROFIT | $848M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $316M |
| SG&A Expenses | $316M |
| Other Expenses | $358M |
| Operating Expenses | $674M |
| Cost & Expenses | $4.1B |
| OPERATING INCOME | $174M |
| Interest Income | $3.8B |
| Interest Expense | $3.3B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $174M |
| Income Tax Expense | $43M |
| Net Income from Continuing Ops | $131M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $131M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $131M |
| D&A | $0 |
| EBIT | $174M |
| EBITDA | $174M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.2B |
| Cost of Revenue | $3.4B |
| GROSS PROFIT | $848M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $316M |
| SG&A Expenses | $316M |
| Other Expenses | $358M |
| Operating Expenses | $674M |
| Cost & Expenses | $4.1B |
| OPERATING INCOME | $174M |
| Interest Income | $3.8B |
| Interest Expense | $3.3B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $174M |
| Income Tax Expense | $43M |
| Net Income from Continuing Ops | $131M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $131M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $131M |
| D&A | $0 |
| EBIT | $174M |
| EBITDA | $174M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $131M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $23M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $93M |
| Change in Working Capital | $212M |
| OPERATING CASH FLOW | $459M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $8.5B |
| NET CASH FROM INVESTING | $8.5B |
| Net Debt Issuance | -$9.3B |
| Common Stock Repurchased | -$179M |
| Common Dividends Paid | -$70M |
| Other Financing Activities | -$79M |
| NET CASH FROM FINANCING | -$9.6B |
| FREE CASH FLOW | $459M |
| Net Change in Cash | -$690M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $722M |
| Short-Term Investments | $0 |
| Net Receivables | $1.9B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.6B |
| PP&E (Net) | $52M |
| Goodwill | $428M |
| Intangible Assets | $9M |
| Long-Term Investments | $46.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.9B |
| TOTAL NON-CURRENT ASSETS | $49.2B |
| TOTAL ASSETS | $51.8B |
| Account Payables | $0 |
| Short-Term Debt | $4.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4.7B |
| Long-Term Debt | $43.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $483M |
| TOTAL NON-CURRENT LIABILITIES | $44.4B |
| TOTAL LIABILITIES | $49.1B |
| Common Stock | $4M |
| Additional Paid-In Capital | $3.4B |
| Retained Earnings | $4.7B |
| Treasury Stock | -$5.4B |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $51.8B |
| Total Debt | $48.7B |
| Net Debt | $47.9B |
