| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $262M | $264M | — | -0.8% | — |
| Op. Income | $40M | $38M | — | 3.3% | — |
| Gross Margin | 42.2% | 13.1% | — | 29.1pp | — |
| Net Margin | 18.1% | 31.3% | — | -13.2pp | — |
| EPS (Diluted) | $0.09 | $0.15 | — | -40.0% | — |
| Free Cash Flow | -$133M | $121M | — | -210.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $262M |
| Cost of Revenue | $151M |
| GROSS PROFIT | $111M |
| R&D Expenses | $0 |
| Selling & Marketing | $19M |
| General & Administrative | $17M |
| SG&A Expenses | $36M |
| Other Expenses | $35M |
| Operating Expenses | $71M |
| Cost & Expenses | $222M |
| OPERATING INCOME | $40M |
| Interest Income | $3M |
| Interest Expense | $20M |
| Other Income/Expenses | $20M |
| INCOME BEFORE TAX | $60M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $47M |
| D&A | $57M |
| EBIT | $77M |
| EBITDA | $134M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $262M |
| Cost of Revenue | $151M |
| GROSS PROFIT | $111M |
| R&D Expenses | $0 |
| Selling & Marketing | $19M |
| General & Administrative | $17M |
| SG&A Expenses | $36M |
| Other Expenses | $35M |
| Operating Expenses | $71M |
| Cost & Expenses | $222M |
| OPERATING INCOME | $40M |
| Interest Income | $3M |
| Interest Expense | $20M |
| Other Income/Expenses | $20M |
| INCOME BEFORE TAX | $60M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $47M |
| D&A | $57M |
| EBIT | $77M |
| EBITDA | $134M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $47M |
| Depreciation & Amortization | $57M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $13M |
| Other Non-Cash Items | -$38M |
| Change in Working Capital | -$120M |
| OPERATING CASH FLOW | -$39M |
| Capital Expenditure | -$95M |
| Acquisitions (Net) | -$13M |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $21M |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$87M |
| Net Debt Issuance | -$76M |
| Common Stock Repurchased | -$21M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$12M |
| NET CASH FROM FINANCING | -$109M |
| FREE CASH FLOW | -$133M |
| Net Change in Cash | -$204M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $136M |
| Short-Term Investments | $46M |
| Net Receivables | $157M |
| Inventory | $600M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $2.1B |
| Goodwill | $18M |
| Intangible Assets | $17M |
| Long-Term Investments | $61M |
| Tax Assets | $9M |
| Other Non-Current Assets | $29M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $3.2B |
| Account Payables | $138M |
| Short-Term Debt | $127M |
| Deferred Revenue | $10M |
| Other Current Liabilities | $19M |
| TOTAL CURRENT LIABILITIES | $350M |
| Long-Term Debt | $694M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $404M |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $167M |
| Additional Paid-In Capital | $726M |
| Retained Earnings | $466M |
| Treasury Stock | -$11M |
| Accum. Other Comp. Income | $8M |
| Other Equity | $20M |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $38M |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $3.2B |
| Total Debt | $1.2B |
| Net Debt | $1.1B |
