| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $586M | $394M | $504M | 48.9% | 16.4% |
| Op. Income | $101M | -$138M | $131M | 173.5% | -22.3% |
| Gross Margin | 50.6% | 25.6% | 62.9% | 25.0pp | -12.3pp |
| Net Margin | 13.8% | -23.1% | 20.5% | 36.9pp | -6.7pp |
| EPS (Diluted) | $0.52 | $-0.62 | $0.66 | 183.9% | -21.2% |
| Free Cash Flow | $146M | $46M | $34M | 214.9% | 334.9% |
| Item | Amount |
|---|---|
| REVENUE | $586M |
| Cost of Revenue | $290M |
| GROSS PROFIT | $297M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $133M |
| SG&A Expenses | $140M |
| Other Expenses | $56M |
| Operating Expenses | $196M |
| Cost & Expenses | $485M |
| OPERATING INCOME | $101M |
| Interest Income | $523M |
| Interest Expense | $266M |
| Other Income/Expenses | -$306.0K |
| INCOME BEFORE TAX | $101M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $81M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $81M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $78M |
| D&A | $25M |
| EBIT | $101M |
| EBITDA | $126M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $586M |
| Cost of Revenue | $290M |
| GROSS PROFIT | $297M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $133M |
| SG&A Expenses | $140M |
| Other Expenses | $56M |
| Operating Expenses | $196M |
| Cost & Expenses | $485M |
| OPERATING INCOME | $101M |
| Interest Income | $523M |
| Interest Expense | $266M |
| Other Income/Expenses | -$306.0K |
| INCOME BEFORE TAX | $101M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $81M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $81M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $78M |
| D&A | $25M |
| EBIT | $101M |
| EBITDA | $126M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $81M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $9M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $35M |
| OPERATING CASH FLOW | $155M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$341M |
| Sales/Maturities of Investments | $214M |
| Other Investing Activities | -$139M |
| NET CASH FROM INVESTING | -$275M |
| Net Debt Issuance | -$163M |
| Common Stock Repurchased | -$23M |
| Common Dividends Paid | -$34M |
| Other Financing Activities | $267M |
| NET CASH FROM FINANCING | $49M |
| FREE CASH FLOW | $146M |
| Net Change in Cash | -$72M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $850M |
| Short-Term Investments | $3.7B |
| Net Receivables | $167M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.7B |
| PP&E (Net) | $368M |
| Goodwill | $1.1B |
| Intangible Assets | $123M |
| Long-Term Investments | $33.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.5B |
| TOTAL NON-CURRENT ASSETS | $36.4B |
| TOTAL ASSETS | $41.1B |
| Account Payables | $0 |
| Short-Term Debt | $904M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $33.7B |
| TOTAL CURRENT LIABILITIES | $34.6B |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $620M |
| TOTAL NON-CURRENT LIABILITIES | $2.4B |
| TOTAL LIABILITIES | $37.0B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $3.0B |
| Treasury Stock | -$518M |
| Accum. Other Comp. Income | -$210M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.2B |
| TOTAL LIABILITIES & EQUITY | $41.1B |
| Total Debt | $2.6B |
| Net Debt | $1.8B |
