| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.7B | — | $3.0B | — | -9.7% |
| Op. Income | $127M | — | $99M | — | 28.6% |
| Gross Margin | 18.0% | — | 15.2% | — | 2.7pp |
| Net Margin | -1.9% | — | -1.9% | — | -0.0pp |
| EPS (Diluted) | $-1.07 | — | $-1.14 | — | 6.1% |
| Free Cash Flow | $56M | — | $77M | — | -27.5% |
| Item | Amount |
|---|---|
| REVENUE | $2.7B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $481M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $350M |
| Other Expenses | $0 |
| Operating Expenses | $354M |
| Cost & Expenses | $2.5B |
| OPERATING INCOME | $127M |
| Interest Income | $0 |
| Interest Expense | $65M |
| Other Income/Expenses | -$172M |
| INCOME BEFORE TAX | -$45M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | -$51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$51M |
| D&A | $103M |
| EBIT | $18M |
| EBITDA | $121M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$51M |
| Depreciation & Amortization | $103M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $50M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $113M |
| Capital Expenditure | -$57M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $18M |
| Other Investing Activities | $52M |
| NET CASH FROM INVESTING | $13M |
| Net Debt Issuance | -$133M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$9M |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$149M |
| FREE CASH FLOW | $56M |
| Net Change in Cash | -$24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $29M |
| Short-Term Investments | $0 |
| Net Receivables | $273M |
| Inventory | $162M |
| Other Current Assets | $70M |
| TOTAL CURRENT ASSETS | $534M |
| PP&E (Net) | $579M |
| Goodwill | $100M |
| Intangible Assets | $7M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $79M |
| TOTAL NON-CURRENT ASSETS | $765M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $357M |
| Short-Term Debt | $28M |
| Deferred Revenue | $45M |
| Other Current Liabilities | $130M |
| TOTAL CURRENT LIABILITIES | $699M |
| Long-Term Debt | $349M |
| Deferred Revenue NC | $100.0K |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $135M |
| TOTAL NON-CURRENT LIABILITIES | $550M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $1M |
| Additional Paid-In Capital | $843M |
| Retained Earnings | -$635M |
| Treasury Stock | -$28M |
| Accum. Other Comp. Income | -$131M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $50M |
| Minority Interest | $0 |
| TOTAL EQUITY | $50M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $465M |
| Net Debt | $435M |
