| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16.6B | $15.0B | $16.4B | 10.6% | 1.6% |
| Op. Income | $404M | $436M | $388M | -7.4% | 4.1% |
| Gross Margin | 2.3% | 3.1% | 1.7% | -0.8pp | 0.6pp |
| Net Margin | 0.3% | 0.5% | 0.3% | -0.2pp | -0.0pp |
| EPS (Diluted) | $1.05 | $1.45 | $1.10 | -27.6% | -4.5% |
| Free Cash Flow | $357M | $198M | $255M | 80.7% | 40.1% |
| Item | Amount |
|---|---|
| REVENUE | $16.6B |
| Cost of Revenue | $16.3B |
| GROSS PROFIT | $378M |
| R&D Expenses | $0 |
| Selling & Marketing | $13M |
| General & Administrative | -$58M |
| SG&A Expenses | -$45M |
| Other Expenses | $19M |
| Operating Expenses | -$26M |
| Cost & Expenses | $16.2B |
| OPERATING INCOME | $404M |
| Interest Income | $0 |
| Interest Expense | $267M |
| Other Income/Expenses | -$328M |
| INCOME BEFORE TAX | $75M |
| Income Tax Expense | $25M |
| 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 | $49M |
| D&A | $18M |
| EBIT | $342M |
| EBITDA | $359M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $16.6B |
| Cost of Revenue | $16.3B |
| GROSS PROFIT | $378M |
| R&D Expenses | $0 |
| Selling & Marketing | $13M |
| General & Administrative | -$58M |
| SG&A Expenses | -$45M |
| Other Expenses | $19M |
| Operating Expenses | -$26M |
| Cost & Expenses | $16.2B |
| OPERATING INCOME | $404M |
| Interest Income | $0 |
| Interest Expense | $267M |
| Other Income/Expenses | -$328M |
| INCOME BEFORE TAX | $75M |
| Income Tax Expense | $25M |
| 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 | $49M |
| D&A | $18M |
| EBIT | $342M |
| EBITDA | $359M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $51M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | $8M |
| Change in Working Capital | $294M |
| OPERATING CASH FLOW | $371M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | -$82M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$100.0K |
| NET CASH FROM FINANCING | -$82M |
| FREE CASH FLOW | $357M |
| Net Change in Cash | $263M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $0 |
| Net Receivables | $8.1B |
| Inventory | $537M |
| Other Current Assets | $6.5B |
| TOTAL CURRENT ASSETS | $16.3B |
| PP&E (Net) | $246M |
| Goodwill | $59M |
| Intangible Assets | $23M |
| Long-Term Investments | $5.0B |
| Tax Assets | $45M |
| Other Non-Current Assets | $3.2B |
| TOTAL NON-CURRENT ASSETS | $8.6B |
| TOTAL ASSETS | $21.9B |
| Account Payables | $10.5B |
| Short-Term Debt | $5.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$5.3B |
| TOTAL CURRENT LIABILITIES | $11.3B |
| Long-Term Debt | $657M |
| Deferred Revenue NC | -$12M |
| Deferred Tax Liabilities | $8M |
| Other Non-Current Liabilities | $19.7B |
| TOTAL NON-CURRENT LIABILITIES | $20.5B |
| TOTAL LIABILITIES | $20.6B |
| Common Stock | $200.0K |
| Additional Paid-In Capital | $372M |
| Retained Earnings | $1.1B |
| Treasury Stock | -$69M |
| Accum. Other Comp. Income | -$52M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $21.9B |
| Total Debt | $6.5B |
| Net Debt | $5.4B |
