| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | — | $1.2B | — | 6.5% |
| Op. Income | $27M | — | $87M | — | -69.0% |
| Gross Margin | 17.0% | — | 18.6% | — | -1.6pp |
| Net Margin | -1.7% | — | 5.4% | — | -7.1pp |
| EPS (Diluted) | $-0.46 | — | $1.31 | — | -135.1% |
| Free Cash Flow | $537M | — | $561M | — | -4.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $225M |
| R&D Expenses | $16M |
| Selling & Marketing | $71M |
| General & Administrative | $92M |
| SG&A Expenses | $163M |
| Other Expenses | $19M |
| Operating Expenses | $198M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $27M |
| Interest Income | -$49M |
| Interest Expense | $15M |
| Other Income/Expenses | -$64M |
| INCOME BEFORE TAX | -$37M |
| Income Tax Expense | -$14M |
| Net Income from Continuing Ops | -$23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$23M |
| D&A | $26M |
| EBIT | -$22M |
| EBITDA | $4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$23M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $37M |
| Change in Working Capital | $508M |
| OPERATING CASH FLOW | $555M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$29M |
| Sales/Maturities of Investments | $225M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $178M |
| Net Debt Issuance | -$85M |
| Common Stock Repurchased | -$28M |
| Common Dividends Paid | -$12M |
| Other Financing Activities | $129M |
| NET CASH FROM FINANCING | $10M |
| FREE CASH FLOW | $537M |
| Net Change in Cash | $743M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $360M |
| Short-Term Investments | $0 |
| Net Receivables | $381M |
| Inventory | $0 |
| Other Current Assets | $2.4B |
| TOTAL CURRENT ASSETS | $3.2B |
| PP&E (Net) | $34M |
| Goodwill | $461M |
| Intangible Assets | $156M |
| Long-Term Investments | $145M |
| Tax Assets | $0 |
| Other Non-Current Assets | $143M |
| TOTAL NON-CURRENT ASSETS | $939M |
| TOTAL ASSETS | $4.1B |
| Account Payables | $89M |
| Short-Term Debt | $75M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $889M |
| TOTAL CURRENT LIABILITIES | $3.0B |
| Long-Term Debt | $908M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $11M |
| Other Non-Current Liabilities | $124M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $4.0B |
| Common Stock | $1.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$984M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $69M |
| Minority Interest | $0 |
| TOTAL EQUITY | $69M |
| TOTAL LIABILITIES & EQUITY | $4.1B |
| Total Debt | $1.0B |
| Net Debt | $662M |
