| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.0B | — | $2.3B | — | -12.2% |
| Op. Income | $354M | — | $689M | — | -48.6% |
| Gross Margin | 41.6% | — | 56.3% | — | -14.7pp |
| Net Margin | 7.1% | — | 20.5% | — | -13.4pp |
| EPS (Diluted) | $2.74 | — | $8.50 | — | -67.8% |
| Free Cash Flow | -$1.6B | — | $6.0B | — | -127.2% |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $847M |
| R&D Expenses | $0 |
| Selling & Marketing | $18M |
| General & Administrative | $220M |
| SG&A Expenses | $238M |
| Other Expenses | $255M |
| Operating Expenses | $493M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $354M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$170M |
| INCOME BEFORE TAX | $184M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $145M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $145M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $145M |
| D&A | $70M |
| EBIT | $354M |
| EBITDA | $424M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $847M |
| R&D Expenses | $0 |
| Selling & Marketing | $18M |
| General & Administrative | $220M |
| SG&A Expenses | $238M |
| Other Expenses | $255M |
| Operating Expenses | $493M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $354M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$170M |
| INCOME BEFORE TAX | $184M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $145M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $145M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $145M |
| D&A | $70M |
| EBIT | $354M |
| EBITDA | $424M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $145M |
| Depreciation & Amortization | $70M |
| Stock-Based Compensation | $28M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1.8B |
| Change in Working Capital | $11M |
| OPERATING CASH FLOW | -$1.6B |
| Capital Expenditure | -$36M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$96M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | -$143M |
| NET CASH FROM INVESTING | -$273M |
| Net Debt Issuance | $838M |
| Common Stock Repurchased | -$71M |
| Common Dividends Paid | -$41M |
| Other Financing Activities | $749M |
| NET CASH FROM FINANCING | $1.5B |
| FREE CASH FLOW | -$1.6B |
| Net Change in Cash | -$390M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $938M |
| Short-Term Investments | $10M |
| Net Receivables | $9.4B |
| Inventory | $0 |
| Other Current Assets | $151M |
| TOTAL CURRENT ASSETS | $11.3B |
| PP&E (Net) | $69M |
| Goodwill | $0 |
| Intangible Assets | $7.2B |
| Long-Term Investments | $1M |
| Tax Assets | $0 |
| Other Non-Current Assets | $254M |
| TOTAL NON-CURRENT ASSETS | $7.6B |
| TOTAL ASSETS | $18.8B |
| Account Payables | $658M |
| Short-Term Debt | $3.8B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $5.5B |
| Long-Term Debt | $9.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $84M |
| TOTAL NON-CURRENT LIABILITIES | $9.8B |
| TOTAL LIABILITIES | $15.3B |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $24M |
| Retained Earnings | $3.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.5B |
| TOTAL LIABILITIES & EQUITY | $18.8B |
| Total Debt | $13.5B |
| Net Debt | $12.6B |
