| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.1B | $4.2B | $3.8B | -1.9% | 8.4% |
| Op. Income | $183M | $64M | $388M | 185.9% | -52.8% |
| Gross Margin | 41.0% | 40.6% | 49.9% | 0.5pp | -8.9pp |
| Net Margin | 3.5% | 1.8% | 8.4% | 1.7pp | -4.9pp |
| EPS (Diluted) | $0.37 | $0.16 | $0.96 | 131.3% | -61.5% |
| Free Cash Flow | $557M | -$602M | $691M | 192.5% | -19.4% |
| Item | Amount |
|---|---|
| REVENUE | $4.1B |
| Cost of Revenue | $2.4B |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $73M |
| General & Administrative | $792M |
| SG&A Expenses | $865M |
| Other Expenses | $643M |
| Operating Expenses | $1.5B |
| Cost & Expenses | $3.9B |
| OPERATING INCOME | $183M |
| Interest Income | $3.6B |
| Interest Expense | $1.9B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $183M |
| Income Tax Expense | $40M |
| Net Income from Continuing Ops | $143M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $143M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $115M |
| D&A | $310M |
| EBIT | $183M |
| EBITDA | $493M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4.1B |
| Cost of Revenue | $2.4B |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $73M |
| General & Administrative | $792M |
| SG&A Expenses | $865M |
| Other Expenses | $643M |
| Operating Expenses | $1.5B |
| Cost & Expenses | $3.9B |
| OPERATING INCOME | $183M |
| Interest Income | $3.6B |
| Interest Expense | $1.9B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $183M |
| Income Tax Expense | $40M |
| Net Income from Continuing Ops | $143M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $143M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $115M |
| D&A | $310M |
| EBIT | $183M |
| EBITDA | $493M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $143M |
| Depreciation & Amortization | $310M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $419M |
| Change in Working Capital | $394M |
| OPERATING CASH FLOW | $1.3B |
| Capital Expenditure | -$709M |
| Acquisitions (Net) | $1.9B |
| Purchases of Investments | -$334M |
| Sales/Maturities of Investments | $938M |
| Other Investing Activities | $1.7B |
| NET CASH FROM INVESTING | $3.6B |
| Net Debt Issuance | -$3.9B |
| Common Stock Repurchased | -$29M |
| Common Dividends Paid | -$97M |
| Other Financing Activities | $389M |
| NET CASH FROM FINANCING | -$3.6B |
| FREE CASH FLOW | $557M |
| Net Change in Cash | $1.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8.2B |
| Short-Term Investments | $20.0B |
| Net Receivables | $1.1B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $29.3B |
| PP&E (Net) | $10.1B |
| Goodwill | $669M |
| Intangible Assets | $67M |
| Long-Term Investments | $147.0B |
| Tax Assets | $1.3B |
| Other Non-Current Assets | $4.4B |
| TOTAL NON-CURRENT ASSETS | $163.6B |
| TOTAL ASSETS | $192.9B |
| Account Payables | $1.6B |
| Short-Term Debt | $4.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $155.1B |
| TOTAL CURRENT LIABILITIES | $161.3B |
| Long-Term Debt | $12.4B |
| Deferred Revenue NC | $103M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5.3B |
| TOTAL NON-CURRENT LIABILITIES | $17.9B |
| TOTAL LIABILITIES | $179.2B |
| Common Stock | $22.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $188M |
| Treasury Stock | -$6.9B |
| Accum. Other Comp. Income | -$4.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $13.7B |
| TOTAL LIABILITIES & EQUITY | $192.9B |
| Total Debt | $17.1B |
| Net Debt | $9.0B |
