| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $713M | $680M | $655M | 4.9% | 9.0% |
| Op. Income | $78M | $71M | $47M | 9.2% | 64.1% |
| Gross Margin | 19.9% | 19.3% | 16.1% | 0.6pp | 3.8pp |
| Net Margin | 7.9% | 6.1% | 6.8% | 1.8pp | 1.1pp |
| EPS (Diluted) | $-0.89 | $0.40 | $0.44 | -322.5% | -302.3% |
| Free Cash Flow | $95M | $67M | $118M | 41.0% | -19.8% |
| Item | Amount |
|---|---|
| REVENUE | $713M |
| Cost of Revenue | $572M |
| GROSS PROFIT | $142M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $64M |
| Other Expenses | $0 |
| Operating Expenses | $64M |
| Cost & Expenses | $636M |
| OPERATING INCOME | $78M |
| Interest Income | $3M |
| Interest Expense | $10M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $69M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $56M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $56M |
| Net Income Deductions | $147M |
| BOTTOM LINE NET INCOME | -$91M |
| D&A | $25M |
| EBIT | $79M |
| EBITDA | $104M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| REVENUE | $713M |
| Cost of Revenue | $572M |
| GROSS PROFIT | $142M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $64M |
| Other Expenses | $0 |
| Operating Expenses | $64M |
| Cost & Expenses | $636M |
| OPERATING INCOME | $78M |
| Interest Income | $3M |
| Interest Expense | $10M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $69M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $56M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $56M |
| Net Income Deductions | $147M |
| BOTTOM LINE NET INCOME | -$91M |
| D&A | $25M |
| EBIT | $79M |
| EBITDA | $104M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | $56M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | $835.0K |
| Change in Working Capital | $56M |
| OPERATING CASH FLOW | $128M |
| Capital Expenditure | -$34M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $500.0K |
| Other Investing Activities | -$28M |
| NET CASH FROM INVESTING | -$61M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $127.0K |
| NET CASH FROM FINANCING | -$10M |
| FREE CASH FLOW | $95M |
| Net Change in Cash | $46M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $498M |
| Short-Term Investments | $7M |
| Net Receivables | $579M |
| Inventory | $223M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $755M |
| Goodwill | $49M |
| Intangible Assets | $33M |
| Long-Term Investments | $14M |
| Tax Assets | $32M |
| Other Non-Current Assets | $65M |
| TOTAL NON-CURRENT ASSETS | $948M |
| TOTAL ASSETS | $2.3B |
| Account Payables | $182M |
| Short-Term Debt | $0 |
| Deferred Revenue | $141M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $797M |
| Long-Term Debt | $482M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $96M |
| TOTAL NON-CURRENT LIABILITIES | $819M |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $28M |
| Additional Paid-In Capital | $99M |
| Retained Earnings | $1.6B |
| Treasury Stock | -$555M |
| Accum. Other Comp. Income | -$429M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $714M |
| Minority Interest | $6M |
| TOTAL EQUITY | $720M |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $852M |
| Net Debt | $354M |
