| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $508M | $500M | $457M | 1.6% | 11.2% |
| Op. Income | $67M | $24M | $72M | 177.9% | -6.4% |
| Gross Margin | 44.5% | 43.0% | 49.2% | 1.6pp | -4.6pp |
| Net Margin | 9.4% | 4.2% | 11.6% | 5.3pp | -2.1pp |
| EPS (Diluted) | $0.64 | $0.26 | $0.70 | 146.2% | -8.6% |
| Free Cash Flow | $66M | $64M | $141M | 4.3% | -53.0% |
| Item | Amount |
|---|---|
| REVENUE | $508M |
| Cost of Revenue | $282M |
| GROSS PROFIT | $226M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $89M |
| SG&A Expenses | $89M |
| Other Expenses | $70M |
| Operating Expenses | $159M |
| Cost & Expenses | $441M |
| OPERATING INCOME | $67M |
| Interest Income | $481M |
| Interest Expense | $267M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $67M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $48M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $48M |
| Net Income Deductions | -$1.0K |
| BOTTOM LINE NET INCOME | $47M |
| D&A | $17M |
| EBIT | $67M |
| EBITDA | $84M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $508M |
| Cost of Revenue | $282M |
| GROSS PROFIT | $226M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $89M |
| SG&A Expenses | $89M |
| Other Expenses | $70M |
| Operating Expenses | $159M |
| Cost & Expenses | $441M |
| OPERATING INCOME | $67M |
| Interest Income | $481M |
| Interest Expense | $267M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $67M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $48M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $48M |
| Net Income Deductions | -$1.0K |
| BOTTOM LINE NET INCOME | $47M |
| D&A | $17M |
| EBIT | $67M |
| EBITDA | $84M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $48M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | $60M |
| Change in Working Capital | -$59M |
| OPERATING CASH FLOW | $66M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$418M |
| Sales/Maturities of Investments | $464M |
| Other Investing Activities | $441M |
| NET CASH FROM INVESTING | $487M |
| Net Debt Issuance | -$1.2B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$21M |
| Other Financing Activities | $510M |
| NET CASH FROM FINANCING | -$721M |
| FREE CASH FLOW | $66M |
| Net Change in Cash | -$167M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $421M |
| Short-Term Investments | $8.9B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $9.3B |
| PP&E (Net) | $329M |
| Goodwill | $78M |
| Intangible Assets | $0 |
| Long-Term Investments | $24.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $874M |
| TOTAL NON-CURRENT ASSETS | $25.8B |
| TOTAL ASSETS | $35.1B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $27.0B |
| TOTAL CURRENT LIABILITIES | $27.0B |
| Long-Term Debt | $4.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $824M |
| TOTAL NON-CURRENT LIABILITIES | $5.4B |
| TOTAL LIABILITIES | $32.5B |
| Common Stock | $748.0K |
| Additional Paid-In Capital | $286M |
| Retained Earnings | $2.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$324M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $35.1B |
| Total Debt | $4.6B |
| Net Debt | $4.2B |
