| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.9B | $2.5B | $2.1B | 15.5% | 36.7% |
| Op. Income | $890M | $828M | $636M | 7.5% | 39.8% |
| Gross Margin | 38.2% | 44.2% | 34.7% | -6.0pp | 3.5pp |
| Net Margin | -47.6% | 26.3% | 43.5% | -73.8pp | -91.0pp |
| EPS (Diluted) | $-1.10 | $0.52 | $0.70 | -311.7% | -255.9% |
| Free Cash Flow | $473M | $236M | $34M | 100.3% | 1305.1% |
| Item | Amount |
|---|---|
| REVENUE | $2.9B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $173M |
| General & Administrative | $200M |
| SG&A Expenses | $373M |
| Other Expenses | -$171M |
| Operating Expenses | $202M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $890M |
| Interest Income | $78M |
| Interest Expense | $304M |
| Other Income/Expenses | -$1.4B |
| INCOME BEFORE TAX | -$470M |
| Income Tax Expense | $887M |
| Net Income from Continuing Ops | -$1.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1.4B |
| D&A | $547M |
| EBIT | $723M |
| EBITDA | $1.3B |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$1.4B |
| Depreciation & Amortization | $566M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$953M |
| Other Non-Cash Items | $2.9B |
| Change in Working Capital | $113M |
| OPERATING CASH FLOW | $1.2B |
| Capital Expenditure | -$777M |
| Acquisitions (Net) | -$809.3K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | -$305M |
| Other Investing Activities | -$454M |
| NET CASH FROM INVESTING | -$1.2B |
| Net Debt Issuance | $589M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$102M |
| NET CASH FROM FINANCING | $487M |
| FREE CASH FLOW | $473M |
| Net Change in Cash | $645M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.8B |
| Short-Term Investments | $2.6B |
| Net Receivables | $2.1B |
| Inventory | $1.6B |
| Other Current Assets | $382M |
| TOTAL CURRENT ASSETS | $8.5B |
| PP&E (Net) | $14.1B |
| Goodwill | $1.7B |
| Intangible Assets | $1.2B |
| Long-Term Investments | $321M |
| Tax Assets | $1.6B |
| Other Non-Current Assets | $6.0B |
| TOTAL NON-CURRENT ASSETS | $24.9B |
| TOTAL ASSETS | $33.4B |
| Account Payables | $1.2B |
| Short-Term Debt | $2.1B |
| Deferred Revenue | $29M |
| Other Current Liabilities | $630M |
| TOTAL CURRENT LIABILITIES | $4.9B |
| Long-Term Debt | $18.3B |
| Deferred Revenue NC | $15M |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $2.4B |
| TOTAL NON-CURRENT LIABILITIES | $22.0B |
| TOTAL LIABILITIES | $26.9B |
| Common Stock | $3.9B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | -$270M |
| Accum. Other Comp. Income | $2.9B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.5B |
| Minority Interest | $26M |
| TOTAL EQUITY | $6.5B |
| TOTAL LIABILITIES & EQUITY | $33.4B |
| Total Debt | $21.8B |
| Net Debt | $20.0B |
