| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.6B | $1.6B | 0.6% | -0.4% |
| Op. Income | $296M | $390M | $312M | -24.1% | -5.1% |
| Gross Margin | 56.3% | 58.3% | 57.3% | -2.1pp | -1.0pp |
| Net Margin | 6.8% | 22.7% | 34.2% | -15.8pp | -27.3pp |
| EPS (Diluted) | $0.42 | $1.38 | $2.13 | -69.6% | -80.3% |
| Free Cash Flow | $258M | $65M | $316M | 296.9% | -18.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $696M |
| GROSS PROFIT | $896M |
| R&D Expenses | $130M |
| Selling & Marketing | $206M |
| General & Administrative | $262M |
| SG&A Expenses | $470M |
| Other Expenses | $0 |
| Operating Expenses | $600M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $296M |
| Interest Income | $0 |
| Interest Expense | $132M |
| Other Income/Expenses | -$167M |
| INCOME BEFORE TAX | $129M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $109M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $109M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $109M |
| D&A | $76M |
| EBIT | $265M |
| EBITDA | $341M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $696M |
| GROSS PROFIT | $896M |
| R&D Expenses | $130M |
| Selling & Marketing | $206M |
| General & Administrative | $262M |
| SG&A Expenses | $470M |
| Other Expenses | $0 |
| Operating Expenses | $600M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $296M |
| Interest Income | $0 |
| Interest Expense | $132M |
| Other Income/Expenses | -$167M |
| INCOME BEFORE TAX | $129M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $109M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $109M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $109M |
| D&A | $76M |
| EBIT | $265M |
| EBITDA | $341M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $109M |
| Depreciation & Amortization | $77M |
| Stock-Based Compensation | $26M |
| Deferred Income Tax | $10M |
| Other Non-Cash Items | $56M |
| Change in Working Capital | $112M |
| OPERATING CASH FLOW | $390M |
| Capital Expenditure | -$132M |
| Acquisitions (Net) | -$166M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$296M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$74M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$82M |
| FREE CASH FLOW | $258M |
| Net Change in Cash | -$88M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $675M |
| Short-Term Investments | $0 |
| Net Receivables | $1.5B |
| Inventory | $1.3B |
| Other Current Assets | $861M |
| TOTAL CURRENT ASSETS | $4.3B |
| PP&E (Net) | $1.3B |
| Goodwill | $4.7B |
| Intangible Assets | $1.4B |
| Long-Term Investments | $27M |
| Tax Assets | $946M |
| Other Non-Current Assets | $361M |
| TOTAL NON-CURRENT ASSETS | $8.8B |
| TOTAL ASSETS | $13.1B |
| Account Payables | $1.2B |
| Short-Term Debt | $64M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.4B |
| TOTAL CURRENT LIABILITIES | $2.7B |
| Long-Term Debt | $8.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $74M |
| Other Non-Current Liabilities | $865M |
| TOTAL NON-CURRENT LIABILITIES | $9.9B |
| TOTAL LIABILITIES | $12.6B |
| Common Stock | $3M |
| Additional Paid-In Capital | $108M |
| Retained Earnings | $1.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$649M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $472M |
| Minority Interest | $0 |
| TOTAL EQUITY | $472M |
| TOTAL LIABILITIES & EQUITY | $13.1B |
| Total Debt | $9.0B |
| Net Debt | $8.4B |
