| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.6B | $2.7B | — | -0.4% | — |
| Op. Income | $147M | $96M | — | 52.8% | — |
| Gross Margin | 75.6% | 77.4% | — | -1.8pp | — |
| Net Margin | 4.3% | 2.6% | — | 1.7pp | — |
| EPS (Diluted) | $2.12 | $1.27 | — | 66.9% | — |
| Free Cash Flow | $211M | $225M | — | -6.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $2.6B |
| Cost of Revenue | $646M |
| GROSS PROFIT | $2.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $1.9B |
| Operating Expenses | $1.9B |
| Cost & Expenses | $2.5B |
| OPERATING INCOME | $147M |
| Interest Income | $0 |
| Interest Expense | $27M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $147M |
| Income Tax Expense | $34M |
| Net Income from Continuing Ops | $114M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $114M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $114M |
| D&A | $48M |
| EBIT | $174M |
| EBITDA | $222M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $2.6B |
| Cost of Revenue | $646M |
| GROSS PROFIT | $2.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $1.9B |
| Operating Expenses | $1.9B |
| Cost & Expenses | $2.5B |
| OPERATING INCOME | $147M |
| Interest Income | $0 |
| Interest Expense | $27M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $147M |
| Income Tax Expense | $34M |
| Net Income from Continuing Ops | $114M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $114M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $114M |
| D&A | $48M |
| EBIT | $174M |
| EBITDA | $222M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $114M |
| Depreciation & Amortization | $48M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | -$12M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | $89M |
| OPERATING CASH FLOW | $260M |
| Capital Expenditure | -$48M |
| Acquisitions (Net) | -$300.0K |
| Purchases of Investments | -$608M |
| Sales/Maturities of Investments | $439M |
| Other Investing Activities | -$11M |
| NET CASH FROM INVESTING | -$229M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$37M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$43M |
| FREE CASH FLOW | $211M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $6.7B |
| Net Receivables | $9.0B |
| Inventory | $0 |
| Other Current Assets | -$17.2B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $671M |
| Goodwill | $2.6B |
| Intangible Assets | $827M |
| Long-Term Investments | $7.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$11.1B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $32.9B |
| Account Payables | $2.6B |
| Short-Term Debt | $50M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$3.2B |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $2.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$2.1B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $28.5B |
| Common Stock | $600.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $3.8B |
| Treasury Stock | -$123M |
| Accum. Other Comp. Income | -$900M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.4B |
| TOTAL LIABILITIES & EQUITY | $32.9B |
| Total Debt | $2.1B |
| Net Debt | $603M |
