| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $927M | $801M | $643M | 15.8% | 44.2% |
| Op. Income | $191M | $185M | $129M | 3.6% | 48.1% |
| Gross Margin | 24.0% | 28.5% | 25.2% | -4.5pp | -1.2pp |
| Net Margin | 10.4% | 7.6% | 23.3% | 2.8pp | -12.9pp |
| EPS (Diluted) | $0.60 | $0.40 | $1.03 | 50.0% | -41.7% |
| Free Cash Flow | -$4M | $157M | $146M | -102.8% | -103.0% |
| Item | Amount |
|---|---|
| REVENUE | $927M |
| Cost of Revenue | $705M |
| GROSS PROFIT | $223M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $31M |
| SG&A Expenses | $31M |
| Other Expenses | $0 |
| Operating Expenses | $31M |
| Cost & Expenses | $736M |
| OPERATING INCOME | $191M |
| Interest Income | $0 |
| Interest Expense | $40M |
| Other Income/Expenses | -$67M |
| INCOME BEFORE TAX | $124M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $97M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $97M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $97M |
| D&A | $141M |
| EBIT | $191M |
| EBITDA | $333M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $927M |
| Cost of Revenue | $705M |
| GROSS PROFIT | $223M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $31M |
| SG&A Expenses | $31M |
| Other Expenses | $0 |
| Operating Expenses | $31M |
| Cost & Expenses | $736M |
| OPERATING INCOME | $191M |
| Interest Income | $0 |
| Interest Expense | $40M |
| Other Income/Expenses | -$67M |
| INCOME BEFORE TAX | $124M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $97M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $97M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $97M |
| D&A | $141M |
| EBIT | $191M |
| EBITDA | $333M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $97M |
| Depreciation & Amortization | $85M |
| Stock-Based Compensation | -$6M |
| Deferred Income Tax | $18M |
| Other Non-Cash Items | $53M |
| Change in Working Capital | -$110M |
| OPERATING CASH FLOW | $136M |
| Capital Expenditure | -$141M |
| Acquisitions (Net) | -$17M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $12M |
| NET CASH FROM INVESTING | -$145M |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | -$50M |
| Common Dividends Paid | -$80M |
| Other Financing Activities | $815.0K |
| NET CASH FROM FINANCING | -$144M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$153M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $247M |
| Short-Term Investments | $0 |
| Net Receivables | $879M |
| Inventory | $0 |
| Other Current Assets | $132M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $6.0B |
| Goodwill | $0 |
| Intangible Assets | $214.0K |
| Long-Term Investments | $11M |
| Tax Assets | $0 |
| Other Non-Current Assets | $558M |
| TOTAL NON-CURRENT ASSETS | $6.6B |
| TOTAL ASSETS | $7.9B |
| Account Payables | $398M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $296M |
| TOTAL CURRENT LIABILITIES | $810M |
| Long-Term Debt | $2.0B |
| Deferred Revenue NC | $9M |
| Deferred Tax Liabilities | $9M |
| Other Non-Current Liabilities | $375M |
| TOTAL NON-CURRENT LIABILITIES | $2.4B |
| TOTAL LIABILITIES | $3.2B |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $4.2B |
| Retained Earnings | $411M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.7B |
| TOTAL LIABILITIES & EQUITY | $7.9B |
| Total Debt | $2.1B |
| Net Debt | $1.8B |
