| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $752M | $766M | $681M | -1.9% | 10.4% |
| Op. Income | $28M | $49M | -$35M | -44.0% | 178.8% |
| Gross Margin | 12.0% | 14.9% | 9.3% | -2.9pp | 2.8pp |
| Net Margin | 2.3% | 3.1% | -6.9% | -0.7pp | 9.2pp |
| EPS (Diluted) | $0.42 | $0.55 | $-0.93 | -23.6% | 145.2% |
| Free Cash Flow | $129M | $92M | $25M | 41.0% | 408.7% |
| Item | Amount |
|---|---|
| REVENUE | $752M |
| Cost of Revenue | $661M |
| GROSS PROFIT | $91M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $63M |
| Other Expenses | $0 |
| Operating Expenses | $63M |
| Cost & Expenses | $724M |
| OPERATING INCOME | $28M |
| Interest Income | $12M |
| Interest Expense | $31M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $95M |
| EBIT | $55M |
| EBITDA | $151M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $752M |
| Cost of Revenue | $661M |
| GROSS PROFIT | $91M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $63M |
| Other Expenses | $0 |
| Operating Expenses | $63M |
| Cost & Expenses | $724M |
| OPERATING INCOME | $28M |
| Interest Income | $12M |
| Interest Expense | $31M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $95M |
| EBIT | $55M |
| EBITDA | $151M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $95M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $539.0K |
| Other Non-Cash Items | $106M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $224M |
| Capital Expenditure | -$95M |
| Acquisitions (Net) | $21M |
| Purchases of Investments | -$357M |
| Sales/Maturities of Investments | $365M |
| Other Investing Activities | -$18M |
| NET CASH FROM INVESTING | -$84M |
| Net Debt Issuance | -$72M |
| Common Stock Repurchased | -$45M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$67.0K |
| NET CASH FROM FINANCING | -$117M |
| FREE CASH FLOW | $129M |
| Net Change in Cash | $23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $148M |
| Short-Term Investments | $687M |
| Net Receivables | $84M |
| Inventory | $127M |
| Other Current Assets | $86M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $5.6B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $325M |
| TOTAL NON-CURRENT ASSETS | $5.9B |
| TOTAL ASSETS | $7.0B |
| Account Payables | $470M |
| Short-Term Debt | $444M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $100M |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $2.6B |
| Deferred Revenue NC | $314M |
| Deferred Tax Liabilities | $688M |
| Other Non-Current Liabilities | $28M |
| TOTAL NON-CURRENT LIABILITIES | $3.7B |
| TOTAL LIABILITIES | $4.9B |
| Common Stock | $754M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $2.3B |
| Treasury Stock | -$912M |
| Accum. Other Comp. Income | $325.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $7.0B |
| Total Debt | $3.1B |
| Net Debt | $2.9B |
