| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | — | $1.3B | — | 0.8% |
| Op. Income | $121M | — | $125M | — | -3.2% |
| Gross Margin | 33.2% | — | 29.8% | — | 3.4pp |
| Net Margin | 3.2% | — | 4.8% | — | -1.6pp |
| EPS (Diluted) | $0.19 | — | $0.27 | — | -29.6% |
| Free Cash Flow | $12M | — | -$94M | — | 112.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $865M |
| GROSS PROFIT | $429M |
| R&D Expenses | $18M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $207M |
| Other Expenses | $83M |
| Operating Expenses | $308M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $121M |
| Interest Income | $0 |
| Interest Expense | $54M |
| Other Income/Expenses | -$62M |
| INCOME BEFORE TAX | $59M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $68M |
| EBIT | $113M |
| EBITDA | $181M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $865M |
| GROSS PROFIT | $429M |
| R&D Expenses | $18M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $207M |
| Other Expenses | $83M |
| Operating Expenses | $308M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $121M |
| Interest Income | $0 |
| Interest Expense | $54M |
| Other Income/Expenses | -$62M |
| INCOME BEFORE TAX | $59M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $68M |
| EBIT | $113M |
| EBITDA | $181M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $41M |
| Depreciation & Amortization | $68M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | $11M |
| Change in Working Capital | -$98M |
| OPERATING CASH FLOW | $34M |
| Capital Expenditure | -$22M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | -$81M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$82M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | -$76M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $627M |
| Short-Term Investments | $0 |
| Net Receivables | $1.3B |
| Inventory | $751M |
| Other Current Assets | $104M |
| TOTAL CURRENT ASSETS | $2.8B |
| PP&E (Net) | $1.2B |
| Goodwill | $1.6B |
| Intangible Assets | $1.1B |
| Long-Term Investments | $1M |
| Tax Assets | $0 |
| Other Non-Current Assets | $513M |
| TOTAL NON-CURRENT ASSETS | $4.3B |
| TOTAL ASSETS | $7.1B |
| Account Payables | $721M |
| Short-Term Debt | $20M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $3.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $155M |
| Other Non-Current Liabilities | $420M |
| TOTAL NON-CURRENT LIABILITIES | $4.0B |
| TOTAL LIABILITIES | $5.3B |
| Common Stock | $254M |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $1.3B |
| Treasury Stock | -$937M |
| Accum. Other Comp. Income | -$488M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $44M |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $7.1B |
| Total Debt | $3.4B |
| Net Debt | $2.8B |
