| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8.3B | — | $9.2B | — | -9.7% |
| Op. Income | $1.6B | — | $2.0B | — | -21.0% |
| Gross Margin | 44.5% | — | 51.0% | — | -6.5pp |
| Net Margin | -4.2% | — | 15.7% | — | -19.9pp |
| EPS (Diluted) | $-0.51 | — | $2.27 | — | -122.4% |
| Free Cash Flow | $1.3B | — | $694M | — | 85.0% |
| Item | Amount |
|---|---|
| REVENUE | $8.3B |
| Cost of Revenue | $4.6B |
| GROSS PROFIT | $3.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $339M |
| General & Administrative | $1.0B |
| SG&A Expenses | $1.4B |
| Other Expenses | $0 |
| Operating Expenses | $3.9B |
| Cost & Expenses | $8.5B |
| OPERATING INCOME | $1.6B |
| Interest Income | $207M |
| Interest Expense | $0 |
| Other Income/Expenses | -$524M |
| INCOME BEFORE TAX | -$378M |
| Income Tax Expense | $54M |
| Net Income from Continuing Ops | $773M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1.1B |
| NET INCOME | -$349M |
| Net Income Deductions | -$1.1B |
| BOTTOM LINE NET INCOME | $724M |
| D&A | $546M |
| EBIT | $991M |
| EBITDA | $1.5B |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$349M |
| Depreciation & Amortization | $546M |
| Stock-Based Compensation | $28M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1.3B |
| Change in Working Capital | $601M |
| OPERATING CASH FLOW | $2.2B |
| Capital Expenditure | -$869M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $15M |
| NET CASH FROM INVESTING | -$855M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$633.7K |
| Other Financing Activities | $59M |
| NET CASH FROM FINANCING | -$278M |
| FREE CASH FLOW | $1.3B |
| Net Change in Cash | $1.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.3B |
| Short-Term Investments | $0 |
| Net Receivables | $2.0B |
| Inventory | $2.5B |
| Other Current Assets | $715M |
| TOTAL CURRENT ASSETS | $8.1B |
| PP&E (Net) | $14.3B |
| Goodwill | $0 |
| Intangible Assets | $193M |
| Long-Term Investments | $1.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.5B |
| TOTAL NON-CURRENT ASSETS | $18.1B |
| TOTAL ASSETS | $26.2B |
| Account Payables | $1.6B |
| Short-Term Debt | $1.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.8B |
| TOTAL CURRENT LIABILITIES | $5.4B |
| Long-Term Debt | $5.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $762M |
| TOTAL NON-CURRENT LIABILITIES | $8.7B |
| TOTAL LIABILITIES | $14.0B |
| Common Stock | $597M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $8.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11.9B |
| Minority Interest | $279M |
| TOTAL EQUITY | $12.2B |
| TOTAL LIABILITIES & EQUITY | $26.2B |
| Total Debt | $8.4B |
| Net Debt | $5.1B |
