| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.6B | $7.2B | $6.6B | -7.9% | 0.2% |
| Op. Income | -$469M | $419M | -$63M | -211.9% | -643.9% |
| Gross Margin | 63.7% | 63.6% | 63.1% | 0.2pp | 0.6pp |
| Net Margin | -9.8% | 2.1% | -0.3% | -11.9pp | -9.5pp |
| EPS (Diluted) | $-0.20 | $0.05 | $-0.01 | -534.4% | -3297.9% |
| Free Cash Flow | $1.1B | $2.1B | $1.5B | -48.8% | -25.9% |
| Item | Amount |
|---|---|
| REVENUE | $6.6B |
| Cost of Revenue | $2.4B |
| GROSS PROFIT | $4.2B |
| R&D Expenses | $1.4B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.9B |
| Other Expenses | $1.5B |
| Operating Expenses | $4.7B |
| Cost & Expenses | $7.1B |
| OPERATING INCOME | -$469M |
| Interest Income | $770.5K |
| Interest Expense | $2M |
| Other Income/Expenses | -$203M |
| INCOME BEFORE TAX | -$672M |
| Income Tax Expense | -$26M |
| Net Income from Continuing Ops | -$646M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$647M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$647M |
| D&A | $1.2B |
| EBIT | -$53M |
| EBITDA | $1.1B |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$647M |
| Depreciation & Amortization | $1.2B |
| Stock-Based Compensation | $110M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $786M |
| Change in Working Capital | -$47M |
| OPERATING CASH FLOW | $1.4B |
| Capital Expenditure | -$306M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $182M |
| NET CASH FROM INVESTING | -$123M |
| Net Debt Issuance | -$3.4B |
| Common Stock Repurchased | -$313M |
| Common Dividends Paid | -$61M |
| Other Financing Activities | $1.9B |
| NET CASH FROM FINANCING | -$1.9B |
| FREE CASH FLOW | $1.1B |
| Net Change in Cash | -$683M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.4B |
| Short-Term Investments | $128M |
| Net Receivables | $4.5B |
| Inventory | $7.6B |
| Other Current Assets | $1.1B |
| TOTAL CURRENT ASSETS | $15.8B |
| PP&E (Net) | $12.3B |
| Goodwill | $33.4B |
| Intangible Assets | $22.8B |
| Long-Term Investments | $2.3B |
| Tax Assets | $2.3B |
| Other Non-Current Assets | $440M |
| TOTAL NON-CURRENT ASSETS | $73.5B |
| TOTAL ASSETS | $89.3B |
| Account Payables | $1.9B |
| Short-Term Debt | $3.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8.4B |
| TOTAL CURRENT LIABILITIES | $15.7B |
| Long-Term Debt | $24.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $220M |
| Other Non-Current Liabilities | $5.0B |
| TOTAL NON-CURRENT LIABILITIES | $30.1B |
| TOTAL LIABILITIES | $45.8B |
| Common Stock | $10.6B |
| Additional Paid-In Capital | $11.1B |
| Retained Earnings | $7.4B |
| Treasury Stock | -$469M |
| Accum. Other Comp. Income | $14.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $43.4B |
| Minority Interest | $6M |
| TOTAL EQUITY | $43.5B |
| TOTAL LIABILITIES & EQUITY | $89.3B |
| Total Debt | $28.3B |
| Net Debt | $25.9B |
