| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.1B | $2.8B | $2.0B | -24.8% | 6.2% |
| Op. Income | $215M | $691M | $124M | -68.9% | 72.7% |
| Gross Margin | 38.0% | 45.2% | 33.5% | -7.2pp | 4.6pp |
| Net Margin | 12.1% | 16.9% | -5.4% | -4.9pp | 17.4pp |
| EPS (Diluted) | $0.49 | $0.95 | $-0.25 | -48.4% | 296.0% |
| Free Cash Flow | $156M | -$196M | -$389M | 179.7% | 140.1% |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $802M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $361M |
| Other Expenses | $226M |
| Operating Expenses | $587M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $215M |
| Interest Income | $0 |
| Interest Expense | $175M |
| Other Income/Expenses | -$107M |
| INCOME BEFORE TAX | $108M |
| Income Tax Expense | -$147M |
| NET INCOME | $255M |
| D&A | $247M |
| EBIT | $283M |
| EBITDA | $530M |
| EPS | $1 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $802M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $361M |
| Other Expenses | $226M |
| Operating Expenses | $587M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $215M |
| Interest Income | $0 |
| Interest Expense | $175M |
| Other Income/Expenses | -$107M |
| INCOME BEFORE TAX | $108M |
| Income Tax Expense | -$147M |
| NET INCOME | $255M |
| D&A | $247M |
| EBIT | $283M |
| EBITDA | $530M |
| EPS | $1 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $255M |
| Depreciation & Amortization | $247M |
| Stock-Based Compensation | $26M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$186M |
| Change in Working Capital | $57M |
| OPERATING CASH FLOW | $399M |
| Capital Expenditure | -$243M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$244M |
| Net Debt Issuance | -$291M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$297M |
| FREE CASH FLOW | $156M |
| Net Change in Cash | -$142M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $191M |
| Short-Term Investments | $0 |
| Net Receivables | $221M |
| Inventory | $150M |
| Other Current Assets | $448M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $16.8B |
| Goodwill | $136M |
| Intangible Assets | $501M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.5B |
| TOTAL NON-CURRENT ASSETS | $19.0B |
| TOTAL ASSETS | $20.0B |
| Account Payables | $171M |
| Short-Term Debt | $1.3B |
| Deferred Revenue | $3.1B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $5.8B |
| Long-Term Debt | $11.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $987M |
| TOTAL NON-CURRENT LIABILITIES | $12.8B |
| TOTAL LIABILITIES | $18.5B |
| Common Stock | $440.0K |
| Additional Paid-In Capital | $7.9B |
| Retained Earnings | -$6.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$507M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $20.0B |
| Total Debt | $13.1B |
| Net Debt | $12.9B |
