| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $886M | $914M | $871M | -3.0% | 1.8% |
| Op. Income | $89M | $127M | $89M | -29.7% | 0.1% |
| Gross Margin | 41.5% | 42.5% | 49.3% | -1.1pp | -7.8pp |
| Net Margin | 13.1% | 10.7% | 8.2% | 2.3pp | 4.8pp |
| EPS (Diluted) | $0.20 | $0.18 | $0.13 | 11.1% | 53.8% |
| Free Cash Flow | $392M | -$157M | -$279M | 349.5% | 240.8% |
| Item | Amount |
|---|---|
| REVENUE | $886M |
| Cost of Revenue | $519M |
| GROSS PROFIT | $368M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $150M |
| SG&A Expenses | $150M |
| Other Expenses | $129M |
| Operating Expenses | $279M |
| Cost & Expenses | $797M |
| OPERATING INCOME | $89M |
| Interest Income | $835M |
| Interest Expense | $412M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $89M |
| Income Tax Expense | -$27M |
| Net Income from Continuing Ops | $116M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $116M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $109M |
| D&A | $21M |
| EBIT | $89M |
| EBITDA | $110M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $886M |
| Cost of Revenue | $519M |
| GROSS PROFIT | $368M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $150M |
| SG&A Expenses | $150M |
| Other Expenses | $129M |
| Operating Expenses | $279M |
| Cost & Expenses | $797M |
| OPERATING INCOME | $89M |
| Interest Income | $835M |
| Interest Expense | $412M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $89M |
| Income Tax Expense | -$27M |
| Net Income from Continuing Ops | $116M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $116M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $109M |
| D&A | $21M |
| EBIT | $89M |
| EBITDA | $110M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $116M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $105M |
| Change in Working Capital | $144M |
| OPERATING CASH FLOW | $392M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.0B |
| Sales/Maturities of Investments | $229M |
| Other Investing Activities | $1.3B |
| NET CASH FROM INVESTING | $469M |
| Net Debt Issuance | -$86M |
| Common Stock Repurchased | -$390.0K |
| Common Dividends Paid | -$58M |
| Other Financing Activities | -$313M |
| NET CASH FROM FINANCING | -$11M |
| FREE CASH FLOW | $392M |
| Net Change in Cash | $850M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.9B |
| Short-Term Investments | $234M |
| Net Receivables | $240M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $679M |
| Goodwill | $1.9B |
| Intangible Assets | $129M |
| Long-Term Investments | $55.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.4B |
| TOTAL NON-CURRENT ASSETS | $60.1B |
| TOTAL ASSETS | $62.5B |
| Account Payables | $0 |
| Short-Term Debt | $73M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $50.1B |
| TOTAL CURRENT LIABILITIES | $50.1B |
| Long-Term Debt | $3.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.3B |
| TOTAL NON-CURRENT LIABILITIES | $4.9B |
| TOTAL LIABILITIES | $55.1B |
| Common Stock | $196M |
| Additional Paid-In Capital | $5.4B |
| Retained Earnings | $1.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$155M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $7.4B |
| TOTAL LIABILITIES & EQUITY | $62.5B |
| Total Debt | $3.7B |
| Net Debt | $1.8B |
