| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $791M | — | $705M | — | 12.2% |
| Op. Income | $142M | — | $89M | — | 58.8% |
| Gross Margin | 68.4% | — | 69.5% | — | -1.1pp |
| Net Margin | -6.5% | — | -7.3% | — | 0.8pp |
| EPS (Diluted) | $-0.31 | — | $-0.31 | — | 0.0% |
| Free Cash Flow | $30M | — | $85M | — | -64.9% |
| Item | Amount |
|---|---|
| REVENUE | $791M |
| Cost of Revenue | $250M |
| GROSS PROFIT | $541M |
| R&D Expenses | $35M |
| Selling & Marketing | $124M |
| General & Administrative | $63M |
| SG&A Expenses | $187M |
| Other Expenses | $176M |
| Operating Expenses | $399M |
| Cost & Expenses | $649M |
| OPERATING INCOME | $142M |
| Interest Income | $0 |
| Interest Expense | $206M |
| Other Income/Expenses | -$206M |
| INCOME BEFORE TAX | -$64M |
| Income Tax Expense | -$13M |
| Net Income from Continuing Ops | -$51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$51M |
| D&A | $176M |
| EBIT | $142M |
| EBITDA | $319M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$51M |
| Depreciation & Amortization | $177M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$62M |
| Other Non-Cash Items | $14M |
| Change in Working Capital | -$35M |
| OPERATING CASH FLOW | $51M |
| Capital Expenditure | -$22M |
| Acquisitions (Net) | -$40M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$62M |
| Net Debt Issuance | -$19M |
| Common Stock Repurchased | -$688.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$17M |
| FREE CASH FLOW | $30M |
| Net Change in Cash | -$27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $36M |
| Short-Term Investments | $10M |
| Net Receivables | $133M |
| Inventory | $0 |
| Other Current Assets | $30M |
| TOTAL CURRENT ASSETS | $222M |
| PP&E (Net) | $72M |
| Goodwill | $3.0B |
| Intangible Assets | $1.2B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $72M |
| TOTAL NON-CURRENT ASSETS | $4.4B |
| TOTAL ASSETS | $4.6B |
| Account Payables | $45M |
| Short-Term Debt | $18M |
| Deferred Revenue | $11M |
| Other Current Liabilities | $21M |
| TOTAL CURRENT LIABILITIES | $123M |
| Long-Term Debt | $2.2B |
| Deferred Revenue NC | $6M |
| Deferred Tax Liabilities | $174M |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $2.4B |
| TOTAL LIABILITIES | $2.5B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | -$202M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $16M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $4.6B |
| Total Debt | $2.2B |
| Net Debt | $2.2B |
