| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.3B | — | $2.5B | — | -6.5% |
| Op. Income | -$753M | — | $428M | — | -275.8% |
| Gross Margin | 44.0% | — | 49.7% | — | -5.7pp |
| Net Margin | -41.3% | — | 8.0% | — | -49.3pp |
| EPS (Diluted) | $-11.84 | — | $1.62 | — | -830.9% |
| Free Cash Flow | $52M | — | $266M | — | -80.4% |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $615M |
| SG&A Expenses | $615M |
| Other Expenses | $1.1B |
| Operating Expenses | $1.8B |
| Cost & Expenses | $3.0B |
| OPERATING INCOME | -$753M |
| Interest Income | $0 |
| Interest Expense | $214M |
| Other Income/Expenses | -$214M |
| INCOME BEFORE TAX | -$968M |
| Income Tax Expense | -$20M |
| Net Income from Continuing Ops | -$948M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$948M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$998M |
| D&A | $155M |
| EBIT | -$754M |
| EBITDA | -$599M |
| EPS | -$12 |
| EPS Diluted | -$12 |
| Item | Amount |
|---|---|
| Net Income | -$948M |
| Depreciation & Amortization | $155M |
| Stock-Based Compensation | $26M |
| Deferred Income Tax | -$64M |
| Other Non-Cash Items | $959M |
| Change in Working Capital | -$16M |
| OPERATING CASH FLOW | $112M |
| Capital Expenditure | -$60M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $21.0K |
| NET CASH FROM INVESTING | -$61M |
| Net Debt Issuance | $30M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$16M |
| NET CASH FROM FINANCING | -$34M |
| FREE CASH FLOW | $52M |
| Net Change in Cash | $17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $35M |
| Short-Term Investments | $0 |
| Net Receivables | $611M |
| Inventory | $0 |
| Other Current Assets | $30M |
| TOTAL CURRENT ASSETS | $676M |
| PP&E (Net) | $554M |
| Goodwill | $2.0B |
| Intangible Assets | $1.7B |
| Long-Term Investments | $23M |
| Tax Assets | $0 |
| Other Non-Current Assets | $461M |
| TOTAL NON-CURRENT ASSETS | $4.7B |
| TOTAL ASSETS | $5.4B |
| Account Payables | $76M |
| Short-Term Debt | $16M |
| Deferred Revenue | $12M |
| Other Current Liabilities | $293M |
| TOTAL CURRENT LIABILITIES | $478M |
| Long-Term Debt | $2.9B |
| Deferred Revenue NC | $42M |
| Deferred Tax Liabilities | $307M |
| Other Non-Current Liabilities | $412M |
| TOTAL NON-CURRENT LIABILITIES | $3.8B |
| TOTAL LIABILITIES | $4.3B |
| Common Stock | $848.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | -$622M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$76M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $5.4B |
| Total Debt | $3.0B |
| Net Debt | $3.0B |
