| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.0B | — | $3.2B | — | -8.1% |
| Op. Income | $99M | — | $100M | — | -1.6% |
| Gross Margin | 15.2% | — | 14.3% | — | 0.9pp |
| Net Margin | -1.9% | — | 0.3% | — | -2.2pp |
| EPS (Diluted) | $-1.14 | — | $0.18 | — | -733.3% |
| Free Cash Flow | $77M | — | $94M | — | -18.6% |
| Item | Amount |
|---|---|
| REVENUE | $3.0B |
| Cost of Revenue | $2.5B |
| GROSS PROFIT | $451M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $349M |
| Other Expenses | $0 |
| Operating Expenses | $352M |
| Cost & Expenses | $2.9B |
| OPERATING INCOME | $99M |
| Interest Income | $0 |
| Interest Expense | $70M |
| Other Income/Expenses | -$141M |
| INCOME BEFORE TAX | -$43M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | -$55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$55M |
| D&A | $129M |
| EBIT | $22M |
| EBITDA | $151M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$55M |
| Depreciation & Amortization | $129M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $16M |
| Change in Working Capital | $56M |
| OPERATING CASH FLOW | $148M |
| Capital Expenditure | -$71M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $26M |
| NET CASH FROM INVESTING | -$46M |
| Net Debt Issuance | -$59M |
| Common Stock Repurchased | -$13M |
| Common Dividends Paid | -$100.0K |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$74M |
| FREE CASH FLOW | $77M |
| Net Change in Cash | $28M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $53M |
| Short-Term Investments | $0 |
| Net Receivables | $316M |
| Inventory | $179M |
| Other Current Assets | $40M |
| TOTAL CURRENT ASSETS | $588M |
| PP&E (Net) | $717M |
| Goodwill | $103M |
| Intangible Assets | $22M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $80M |
| TOTAL NON-CURRENT ASSETS | $922M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $374M |
| Short-Term Debt | $152M |
| Deferred Revenue | $36M |
| Other Current Liabilities | $182M |
| TOTAL CURRENT LIABILITIES | $791M |
| Long-Term Debt | $363M |
| Deferred Revenue NC | $900.0K |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $148M |
| TOTAL NON-CURRENT LIABILITIES | $599M |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $1M |
| Additional Paid-In Capital | $843M |
| Retained Earnings | -$574M |
| Treasury Stock | -$33M |
| Accum. Other Comp. Income | -$118M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $120M |
| Minority Interest | $0 |
| TOTAL EQUITY | $120M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $625M |
| Net Debt | $572M |
