| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $701M | — | $675M | — | 3.9% |
| Op. Income | -$73M | — | $88M | — | -183.7% |
| Gross Margin | 75.7% | — | 72.6% | — | 3.0pp |
| Net Margin | -14.2% | — | 6.2% | — | -20.4pp |
| EPS (Diluted) | $-2.15 | — | $0.89 | — | -341.6% |
| Free Cash Flow | $179M | — | $139M | — | 28.1% |
| Item | Amount |
|---|---|
| REVENUE | $701M |
| Cost of Revenue | $170M |
| GROSS PROFIT | $531M |
| R&D Expenses | $82M |
| Selling & Marketing | $172M |
| General & Administrative | $122M |
| SG&A Expenses | $294M |
| Other Expenses | $228M |
| Operating Expenses | $604M |
| Cost & Expenses | $774M |
| OPERATING INCOME | -$73M |
| Interest Income | $20M |
| Interest Expense | $17M |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | -$63M |
| Income Tax Expense | $36M |
| Net Income from Continuing Ops | -$100M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$100M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$100M |
| D&A | $79M |
| EBIT | -$50M |
| EBITDA | $29M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$100M |
| Depreciation & Amortization | $79M |
| Stock-Based Compensation | $51M |
| Deferred Income Tax | $21M |
| Other Non-Cash Items | $157M |
| Change in Working Capital | -$19M |
| OPERATING CASH FLOW | $189M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$252M |
| Sales/Maturities of Investments | $180M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$83M |
| Net Debt Issuance | $77M |
| Common Stock Repurchased | -$25M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$34M |
| NET CASH FROM FINANCING | $17M |
| FREE CASH FLOW | $179M |
| Net Change in Cash | $123M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $277M |
| Short-Term Investments | $208M |
| Net Receivables | $113M |
| Inventory | $125M |
| Other Current Assets | $22M |
| TOTAL CURRENT ASSETS | $745M |
| PP&E (Net) | $216M |
| Goodwill | $0 |
| Intangible Assets | $426M |
| Long-Term Investments | $29M |
| Tax Assets | $130M |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $808M |
| TOTAL ASSETS | $1.6B |
| Account Payables | $19M |
| Short-Term Debt | $202M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $29M |
| TOTAL CURRENT LIABILITIES | $310M |
| Long-Term Debt | $384M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $37M |
| TOTAL NON-CURRENT LIABILITIES | $465M |
| TOTAL LIABILITIES | $775M |
| Common Stock | $47.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | -$206M |
| Treasury Stock | -$25M |
| Accum. Other Comp. Income | $343.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $778M |
| Minority Interest | $0 |
| TOTAL EQUITY | $778M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $639M |
| Net Debt | $362M |
