| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8.1B | — | $9.5B | — | -14.0% |
| Op. Income | -$85M | — | $312M | — | -127.2% |
| Gross Margin | 30.0% | — | 30.0% | — | 0.0pp |
| Net Margin | -4.8% | — | 2.1% | — | -6.9pp |
| EPS (Diluted) | $-0.94 | — | $0.47 | — | -300.0% |
| Free Cash Flow | $646M | — | -$584M | — | 210.6% |
| Item | Amount |
|---|---|
| REVENUE | $8.1B |
| Cost of Revenue | $5.7B |
| GROSS PROFIT | $2.4B |
| R&D Expenses | $117M |
| Selling & Marketing | $371M |
| General & Administrative | $1.5B |
| SG&A Expenses | $1.9B |
| Other Expenses | $531M |
| Operating Expenses | $2.5B |
| Cost & Expenses | $8.2B |
| OPERATING INCOME | -$85M |
| Interest Income | $0 |
| Interest Expense | $283M |
| Other Income/Expenses | -$458M |
| INCOME BEFORE TAX | -$543M |
| Income Tax Expense | -$155M |
| Net Income from Continuing Ops | -$388M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$388M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$388M |
| D&A | $334M |
| EBIT | -$227M |
| EBITDA | $107M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$388M |
| Depreciation & Amortization | $334M |
| Stock-Based Compensation | $50M |
| Deferred Income Tax | -$283M |
| Other Non-Cash Items | $434M |
| Change in Working Capital | $783M |
| OPERATING CASH FLOW | $930M |
| Capital Expenditure | -$284M |
| Acquisitions (Net) | $11M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $74M |
| NET CASH FROM INVESTING | -$199M |
| Net Debt Issuance | -$490M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$184M |
| Other Financing Activities | $10M |
| NET CASH FROM FINANCING | -$664M |
| FREE CASH FLOW | $646M |
| Net Change in Cash | $58M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $332M |
| Short-Term Investments | $0 |
| Net Receivables | $1.2B |
| Inventory | $1.5B |
| Other Current Assets | $296M |
| TOTAL CURRENT ASSETS | $3.4B |
| PP&E (Net) | $1.7B |
| Goodwill | $3.1B |
| Intangible Assets | $2.5B |
| Long-Term Investments | $15M |
| Tax Assets | $806M |
| Other Non-Current Assets | $702M |
| TOTAL NON-CURRENT ASSETS | $8.8B |
| TOTAL ASSETS | $12.2B |
| Account Payables | $1.0B |
| Short-Term Debt | $329M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $190M |
| TOTAL CURRENT LIABILITIES | $2.9B |
| Long-Term Debt | $4.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $241M |
| Other Non-Current Liabilities | $892M |
| TOTAL NON-CURRENT LIABILITIES | $6.2B |
| TOTAL LIABILITIES | $9.1B |
| Common Stock | $440M |
| Additional Paid-In Capital | $6.9B |
| Retained Earnings | -$2.7B |
| Treasury Stock | -$627M |
| Accum. Other Comp. Income | -$890M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.1B |
| TOTAL LIABILITIES & EQUITY | $12.2B |
| Total Debt | $5.5B |
| Net Debt | $5.1B |
