| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $434M | $463M | $468M | -6.3% | -7.3% |
| Op. Income | $24M | $43M | $28M | -43.2% | -12.0% |
| Gross Margin | 20.6% | 23.2% | 18.6% | -2.6pp | 1.9pp |
| Net Margin | 4.0% | -4.4% | 1.0% | 8.3pp | 2.9pp |
| EPS (Diluted) | $0.30 | $-0.35 | $0.08 | 185.7% | 262.3% |
| Free Cash Flow | $26M | -$80M | $8M | 132.2% | 206.5% |
| Item | Amount |
|---|---|
| REVENUE | $434M |
| Cost of Revenue | $345M |
| GROSS PROFIT | $89M |
| R&D Expenses | $7M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $58M |
| Other Expenses | $0 |
| Operating Expenses | $65M |
| Cost & Expenses | $410M |
| OPERATING INCOME | $24M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $35M |
| EBIT | $16M |
| EBITDA | $51M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $434M |
| Cost of Revenue | $345M |
| GROSS PROFIT | $89M |
| R&D Expenses | $7M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $58M |
| Other Expenses | $0 |
| Operating Expenses | $65M |
| Cost & Expenses | $410M |
| OPERATING INCOME | $24M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $35M |
| EBIT | $16M |
| EBITDA | $51M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $35M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $8M |
| Change in Working Capital | $39M |
| OPERATING CASH FLOW | $92M |
| Capital Expenditure | -$67M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$67M |
| Net Debt Issuance | -$23M |
| Common Stock Repurchased | -$8M |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $4.9K |
| NET CASH FROM FINANCING | -$32M |
| FREE CASH FLOW | $26M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $44M |
| Short-Term Investments | $0 |
| Net Receivables | $254M |
| Inventory | $290M |
| Other Current Assets | $15M |
| TOTAL CURRENT ASSETS | $613M |
| PP&E (Net) | $1.0B |
| Goodwill | $72M |
| Intangible Assets | $94M |
| Long-Term Investments | $48M |
| Tax Assets | $22M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $1.9B |
| Account Payables | $156M |
| Short-Term Debt | $259M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $65M |
| TOTAL CURRENT LIABILITIES | $517M |
| Long-Term Debt | $647M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $37M |
| Other Non-Current Liabilities | $76M |
| TOTAL NON-CURRENT LIABILITIES | $866M |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $85M |
| Additional Paid-In Capital | $85M |
| Retained Earnings | $457M |
| Treasury Stock | -$82M |
| Accum. Other Comp. Income | -$70M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $475M |
| Minority Interest | $0 |
| TOTAL EQUITY | $475M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $1.0B |
| Net Debt | $983M |
