| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $420M | $427M | $415M | -1.6% | 1.3% |
| Op. Income | $30M | $34M | $46M | -14.1% | -36.2% |
| Gross Margin | 56.3% | 58.3% | 58.1% | -2.0pp | -1.8pp |
| Net Margin | 8.0% | -3.0% | -2.9% | 11.0pp | 10.9pp |
| EPS (Diluted) | $0.54 | $-0.21 | $-0.20 | 357.1% | 370.0% |
| Free Cash Flow | $25M | $79M | $565M | -67.7% | -95.5% |
| Item | Amount |
|---|---|
| REVENUE | $420M |
| Cost of Revenue | $183M |
| GROSS PROFIT | $237M |
| R&D Expenses | $7M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $200M |
| Operating Expenses | $207M |
| Cost & Expenses | $391M |
| OPERATING INCOME | $30M |
| Interest Income | $0 |
| Interest Expense | $33M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | -$18M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $67M |
| EBIT | $32M |
| EBITDA | $98M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $420M |
| Cost of Revenue | $183M |
| GROSS PROFIT | $237M |
| R&D Expenses | $7M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $200M |
| Operating Expenses | $207M |
| Cost & Expenses | $391M |
| OPERATING INCOME | $30M |
| Interest Income | $0 |
| Interest Expense | $33M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | -$18M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $67M |
| EBIT | $32M |
| EBITDA | $98M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $34M |
| Depreciation & Amortization | $67M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$15M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$33M |
| OPERATING CASH FLOW | $59M |
| Capital Expenditure | -$33M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | -$34M |
| NET CASH FROM INVESTING | -$37M |
| Net Debt Issuance | $14M |
| Common Stock Repurchased | -$19M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $56M |
| NET CASH FROM FINANCING | $51M |
| FREE CASH FLOW | $25M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $217M |
| Short-Term Investments | $0 |
| Net Receivables | $297M |
| Inventory | $0 |
| Other Current Assets | $1.2B |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $65M |
| Goodwill | $2.0B |
| Intangible Assets | $981M |
| Long-Term Investments | $6M |
| Tax Assets | $91M |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $3.1B |
| TOTAL ASSETS | $4.8B |
| Account Payables | $58M |
| Short-Term Debt | $10M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $25M |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $2.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $92M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $2.5B |
| TOTAL LIABILITIES | $3.9B |
| Common Stock | $750.0K |
| Additional Paid-In Capital | $3.2B |
| Retained Earnings | -$2.2B |
| Treasury Stock | -$43M |
| Accum. Other Comp. Income | -$40M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $879M |
| Minority Interest | $0 |
| TOTAL EQUITY | $879M |
| TOTAL LIABILITIES & EQUITY | $4.8B |
| Total Debt | $2.4B |
| Net Debt | $2.2B |
