| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | $1.9B | — | -8.3% | — |
| Op. Income | $79M | $143M | — | -44.8% | — |
| Gross Margin | 11.1% | 12.1% | — | -1.0pp | — |
| Net Margin | 2.2% | 4.9% | — | -2.7pp | — |
| EPS (Diluted) | $0.74 | $1.74 | — | -57.5% | — |
| Free Cash Flow | $52M | $97M | — | -46.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $192M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $114M |
| Other Expenses | -$1M |
| Operating Expenses | $113M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $79M |
| Interest Income | $0 |
| Interest Expense | $23M |
| Other Income/Expenses | -$31M |
| INCOME BEFORE TAX | $48M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $36M |
| EBIT | $71M |
| EBITDA | $107M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $192M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $114M |
| Other Expenses | -$1M |
| Operating Expenses | $113M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $79M |
| Interest Income | $0 |
| Interest Expense | $23M |
| Other Income/Expenses | -$31M |
| INCOME BEFORE TAX | $48M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $36M |
| EBIT | $71M |
| EBITDA | $107M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $39M |
| Depreciation & Amortization | $36M |
| Stock-Based Compensation | $26M |
| Deferred Income Tax | $16M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$52M |
| OPERATING CASH FLOW | $63M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $1M |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | -$9M |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | -$166M |
| Common Stock Repurchased | -$89M |
| Common Dividends Paid | -$19M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$270M |
| FREE CASH FLOW | $52M |
| Net Change in Cash | -$217M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $94M |
| Short-Term Investments | $0 |
| Net Receivables | $914M |
| Inventory | $3M |
| Other Current Assets | $27M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $243M |
| Goodwill | $2.9B |
| Intangible Assets | $894M |
| Long-Term Investments | $0 |
| Tax Assets | $28M |
| Other Non-Current Assets | $167M |
| TOTAL NON-CURRENT ASSETS | $4.2B |
| TOTAL ASSETS | $5.3B |
| Account Payables | $567M |
| Short-Term Debt | $77M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $2.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $202M |
| TOTAL NON-CURRENT LIABILITIES | $2.4B |
| TOTAL LIABILITIES | $3.5B |
| Common Stock | $0 |
| Additional Paid-In Capital | $337M |
| Retained Earnings | $1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $16M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $5.3B |
| Total Debt | $2.2B |
| Net Debt | $2.2B |
