| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.4B | — | -5.8% | — |
| Op. Income | $212M | $223M | — | -5.0% | — |
| Gross Margin | 25.7% | 25.7% | — | -0.1pp | — |
| Net Margin | 8.0% | 6.8% | — | 1.2pp | — |
| EPS (Diluted) | $0.75 | $0.65 | — | 15.4% | — |
| Free Cash Flow | $174M | $449M | — | -61.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $971M |
| GROSS PROFIT | $335M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $124M |
| Other Expenses | $0 |
| Operating Expenses | $124M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $212M |
| Interest Income | $16M |
| Interest Expense | $94M |
| Other Income/Expenses | -$102M |
| INCOME BEFORE TAX | $110M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $104M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $104M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $104M |
| D&A | $157M |
| EBIT | $204M |
| EBITDA | $361M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $971M |
| GROSS PROFIT | $335M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $124M |
| Other Expenses | $0 |
| Operating Expenses | $124M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $212M |
| Interest Income | $16M |
| Interest Expense | $94M |
| Other Income/Expenses | -$102M |
| INCOME BEFORE TAX | $110M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $104M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $104M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $104M |
| D&A | $157M |
| EBIT | $204M |
| EBITDA | $361M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $104M |
| Depreciation & Amortization | $157M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $73M |
| Change in Working Capital | -$57M |
| OPERATING CASH FLOW | $278M |
| Capital Expenditure | -$103M |
| Acquisitions (Net) | $8.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$113M |
| Net Debt Issuance | -$67M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$74M |
| NET CASH FROM FINANCING | -$140M |
| FREE CASH FLOW | $174M |
| Net Change in Cash | $17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $955M |
| Short-Term Investments | $97.0K |
| Net Receivables | $695M |
| Inventory | $117M |
| Other Current Assets | $59M |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $2.8B |
| Goodwill | $504M |
| Intangible Assets | $568M |
| Long-Term Investments | $27M |
| Tax Assets | $342M |
| Other Non-Current Assets | $108M |
| TOTAL NON-CURRENT ASSETS | $4.4B |
| TOTAL ASSETS | $6.2B |
| Account Payables | $1.2B |
| Short-Term Debt | $484M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.6B |
| TOTAL CURRENT LIABILITIES | $3.3B |
| Long-Term Debt | $2.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $123M |
| Other Non-Current Liabilities | $741M |
| TOTAL NON-CURRENT LIABILITIES | $3.5B |
| TOTAL LIABILITIES | $6.8B |
| Common Stock | $4.3B |
| Additional Paid-In Capital | -$2.2B |
| Retained Earnings | -$2.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $61M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$614M |
| Minority Interest | $2M |
| TOTAL EQUITY | -$612M |
| TOTAL LIABILITIES & EQUITY | $6.2B |
| Total Debt | $3.1B |
| Net Debt | $2.2B |
