| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $822M | — | $527M | — | 56.0% |
| Op. Income | $38M | — | $59M | — | -36.0% |
| Gross Margin | 49.4% | — | 46.1% | — | 3.3pp |
| Net Margin | -2.8% | — | 9.2% | — | -11.9pp |
| EPS (Diluted) | $-0.12 | — | $0.45 | — | -126.7% |
| Free Cash Flow | -$25M | — | $44M | — | -156.7% |
| Item | Amount |
|---|---|
| REVENUE | $822M |
| Cost of Revenue | $416M |
| GROSS PROFIT | $406M |
| R&D Expenses | $26M |
| Selling & Marketing | $141M |
| General & Administrative | $201M |
| SG&A Expenses | $342M |
| Other Expenses | $0 |
| Operating Expenses | $368M |
| Cost & Expenses | $785M |
| OPERATING INCOME | $38M |
| Interest Income | $3M |
| Interest Expense | $56M |
| Other Income/Expenses | -$60M |
| INCOME BEFORE TAX | -$22M |
| Income Tax Expense | $828.0K |
| Net Income from Continuing Ops | -$23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$23M |
| D&A | $88M |
| EBIT | $34M |
| EBITDA | $122M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$23M |
| Depreciation & Amortization | $90M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$19M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$24M |
| OPERATING CASH FLOW | $41M |
| Capital Expenditure | -$66M |
| Acquisitions (Net) | $13M |
| Purchases of Investments | -$13M |
| Sales/Maturities of Investments | $267M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $201M |
| Net Debt Issuance | -$100M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$19M |
| NET CASH FROM FINANCING | -$118M |
| FREE CASH FLOW | -$25M |
| Net Change in Cash | $119M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $163M |
| Short-Term Investments | $82M |
| Net Receivables | $153M |
| Inventory | $134M |
| Other Current Assets | $53M |
| TOTAL CURRENT ASSETS | $586M |
| PP&E (Net) | $199M |
| Goodwill | $2.1B |
| Intangible Assets | $1.6B |
| Long-Term Investments | $0 |
| Tax Assets | $19M |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $4.0B |
| TOTAL ASSETS | $4.6B |
| Account Payables | $77M |
| Short-Term Debt | $3M |
| Deferred Revenue | $5M |
| Other Current Liabilities | $26M |
| TOTAL CURRENT LIABILITIES | $145M |
| Long-Term Debt | $885M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $353M |
| Other Non-Current Liabilities | $27M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $35M |
| Additional Paid-In Capital | $2.6B |
| Retained Earnings | $565M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$33M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.1B |
| TOTAL LIABILITIES & EQUITY | $4.6B |
| Total Debt | $898M |
| Net Debt | $734M |
