| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.3B | — | $6.0B | — | 3.6% |
| Op. Income | -$1.2B | — | $226M | — | -623.3% |
| Gross Margin | 37.6% | — | 40.2% | — | -2.6pp |
| Net Margin | -20.5% | — | 1.5% | — | -22.0pp |
| EPS (Diluted) | $-4.78 | — | $0.34 | — | -1505.9% |
| Free Cash Flow | -$10M | — | $68M | — | -114.5% |
| Item | Amount |
|---|---|
| REVENUE | $6.3B |
| Cost of Revenue | $3.9B |
| GROSS PROFIT | $2.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.3B |
| Other Expenses | $1.2B |
| Operating Expenses | $3.5B |
| Cost & Expenses | $7.4B |
| OPERATING INCOME | -$1.2B |
| Interest Income | $3M |
| Interest Expense | $151M |
| Other Income/Expenses | -$128M |
| INCOME BEFORE TAX | -$1.3B |
| Income Tax Expense | -$28M |
| Net Income from Continuing Ops | -$1.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1.3B |
| D&A | $201M |
| EBIT | -$1.2B |
| EBITDA | -$972M |
| EPS | -$5 |
| EPS Diluted | -$5 |
| Item | Amount |
|---|---|
| Net Income | -$1.3B |
| Depreciation & Amortization | $201M |
| Stock-Based Compensation | $82M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1.6B |
| Change in Working Capital | -$372M |
| OPERATING CASH FLOW | $216M |
| Capital Expenditure | -$226M |
| Acquisitions (Net) | -$7M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $25M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$207M |
| Net Debt Issuance | -$81M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$85M |
| FREE CASH FLOW | -$10M |
| Net Change in Cash | -$77M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $125M |
| Short-Term Investments | $0 |
| Net Receivables | $44M |
| Inventory | $685M |
| Other Current Assets | $39M |
| TOTAL CURRENT ASSETS | $952M |
| PP&E (Net) | $2.2B |
| Goodwill | $980M |
| Intangible Assets | $1.0B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $206M |
| TOTAL NON-CURRENT ASSETS | $4.4B |
| TOTAL ASSETS | $5.4B |
| Account Payables | $485M |
| Short-Term Debt | $16M |
| Deferred Revenue | $34M |
| Other Current Liabilities | $85M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $252M |
| Other Non-Current Liabilities | $113M |
| TOTAL NON-CURRENT LIABILITIES | $3.1B |
| TOTAL LIABILITIES | $4.2B |
| Common Stock | $269.0K |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | -$1.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $5.4B |
| Total Debt | $3.0B |
| Net Debt | $2.9B |
