| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | — | $1.1B | — | 3.8% |
| Op. Income | -$22M | — | $330M | — | -106.8% |
| Gross Margin | 55.4% | — | 57.1% | — | -1.7pp |
| Net Margin | -7.3% | — | 18.9% | — | -26.2pp |
| EPS (Diluted) | $-1.65 | — | $4.04 | — | -140.8% |
| Free Cash Flow | $222M | — | $250M | — | -11.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $502M |
| GROSS PROFIT | $625M |
| R&D Expenses | $0 |
| Selling & Marketing | $145M |
| General & Administrative | $107M |
| SG&A Expenses | $252M |
| Other Expenses | $395M |
| Operating Expenses | $648M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | -$22M |
| Interest Income | $0 |
| Interest Expense | $69M |
| Other Income/Expenses | -$72M |
| INCOME BEFORE TAX | -$94M |
| Income Tax Expense | -$12M |
| Net Income from Continuing Ops | -$82M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$82M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$82M |
| D&A | $33M |
| EBIT | -$25M |
| EBITDA | $8M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$82M |
| Depreciation & Amortization | $33M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | -$61M |
| Other Non-Cash Items | $382M |
| Change in Working Capital | -$54M |
| OPERATING CASH FLOW | $230M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | -$4M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | -$138M |
| Common Stock Repurchased | -$50M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$186M |
| FREE CASH FLOW | $222M |
| Net Change in Cash | $31M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $58M |
| Short-Term Investments | $0 |
| Net Receivables | $167M |
| Inventory | $162M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $392M |
| PP&E (Net) | $90M |
| Goodwill | $528M |
| Intangible Assets | $2.3B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $3.4B |
| Account Payables | $63M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $161M |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $380M |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $548.0K |
| Additional Paid-In Capital | $535M |
| Retained Earnings | $1.1B |
| Treasury Stock | -$189M |
| Accum. Other Comp. Income | -$32M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $1.4B |
| Net Debt | $1.3B |
