| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $738M | $751M | $772M | -1.7% | -4.4% |
| Op. Income | $64M | $53M | $116M | 19.1% | -45.3% |
| Gross Margin | 43.5% | 45.3% | 47.8% | -1.8pp | -4.3pp |
| Net Margin | 1.5% | -0.3% | 13.8% | 1.8pp | -12.3pp |
| EPS (Diluted) | $0.57 | $-0.12 | $4.21 | 575.0% | -86.5% |
| Free Cash Flow | -$251M | $18M | $4M | -1531.0% | -6898.4% |
| Item | Amount |
|---|---|
| REVENUE | $738M |
| Cost of Revenue | $417M |
| GROSS PROFIT | $321M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $257M |
| Other Expenses | $0 |
| Operating Expenses | $257M |
| Cost & Expenses | $675M |
| OPERATING INCOME | $64M |
| Interest Income | $3M |
| Interest Expense | $63M |
| Other Income/Expenses | -$59M |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | -$6M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $35M |
| EBIT | $71M |
| EBITDA | $105M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $738M |
| Cost of Revenue | $417M |
| GROSS PROFIT | $321M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $257M |
| Other Expenses | $0 |
| Operating Expenses | $257M |
| Cost & Expenses | $675M |
| OPERATING INCOME | $64M |
| Interest Income | $3M |
| Interest Expense | $63M |
| Other Income/Expenses | -$59M |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | -$6M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $35M |
| EBIT | $71M |
| EBITDA | $105M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $35M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$16M |
| Other Non-Cash Items | $38M |
| Change in Working Capital | -$194M |
| OPERATING CASH FLOW | -$114M |
| Capital Expenditure | -$138M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$141M |
| Net Debt Issuance | -$11M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$274.0K |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | -$251M |
| Net Change in Cash | -$259M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $124M |
| Short-Term Investments | $0 |
| Net Receivables | $94M |
| Inventory | $781M |
| Other Current Assets | $34M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $2.4B |
| Goodwill | $141M |
| Intangible Assets | $76M |
| Long-Term Investments | $129M |
| Tax Assets | $144M |
| Other Non-Current Assets | $150M |
| TOTAL NON-CURRENT ASSETS | $3.1B |
| TOTAL ASSETS | $4.1B |
| Account Payables | $192M |
| Short-Term Debt | $167M |
| Deferred Revenue | $283M |
| Other Current Liabilities | $181M |
| TOTAL CURRENT LIABILITIES | $873M |
| Long-Term Debt | $2.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $12M |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $3.6B |
| TOTAL LIABILITIES | $4.4B |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $288M |
| Retained Earnings | -$583M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$297M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$297M |
| TOTAL LIABILITIES & EQUITY | $4.1B |
| Total Debt | $3.7B |
| Net Debt | $3.6B |
