| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $279M | $295M | $262M | -5.3% | 6.7% |
| Op. Income | $11M | $32M | -$10M | -66.8% | 207.8% |
| Gross Margin | 54.8% | 54.0% | 53.2% | 0.8pp | 1.6pp |
| Net Margin | 1.9% | 1.8% | -5.6% | 0.0pp | 7.5pp |
| EPS (Diluted) | $0.10 | $0.10 | $-0.28 | -1.8% | 135.1% |
| Free Cash Flow | $51M | -$4M | $6M | 1452.9% | 692.1% |
| Item | Amount |
|---|---|
| REVENUE | $279M |
| Cost of Revenue | $126M |
| GROSS PROFIT | $153M |
| R&D Expenses | $43M |
| Selling & Marketing | $51M |
| General & Administrative | $35M |
| SG&A Expenses | $86M |
| Other Expenses | $14M |
| Operating Expenses | $142M |
| Cost & Expenses | $269M |
| OPERATING INCOME | $11M |
| Interest Income | $2M |
| Interest Expense | $10M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $30M |
| EBIT | $23M |
| EBITDA | $53M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $279M |
| Cost of Revenue | $126M |
| GROSS PROFIT | $153M |
| R&D Expenses | $43M |
| Selling & Marketing | $51M |
| General & Administrative | $35M |
| SG&A Expenses | $86M |
| Other Expenses | $14M |
| Operating Expenses | $142M |
| Cost & Expenses | $269M |
| OPERATING INCOME | $11M |
| Interest Income | $2M |
| Interest Expense | $10M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $30M |
| EBIT | $23M |
| EBITDA | $53M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $30M |
| Stock-Based Compensation | $34M |
| Deferred Income Tax | -$12M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $65M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$13M |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | $260M |
| Common Stock Repurchased | -$263M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$392M |
| NET CASH FROM FINANCING | -$395M |
| FREE CASH FLOW | $51M |
| Net Change in Cash | -$345M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $26M |
| Short-Term Investments | $0 |
| Net Receivables | $100M |
| Inventory | $0 |
| Other Current Assets | $451M |
| TOTAL CURRENT ASSETS | $577M |
| PP&E (Net) | $132M |
| Goodwill | $1.1B |
| Intangible Assets | $727M |
| Long-Term Investments | $16M |
| Tax Assets | $0 |
| Other Non-Current Assets | $44M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $2.5B |
| Account Payables | $49M |
| Short-Term Debt | $19M |
| Deferred Revenue | $360M |
| Other Current Liabilities | $397M |
| TOTAL CURRENT LIABILITIES | $863M |
| Long-Term Debt | $1.0B |
| Deferred Revenue NC | $7M |
| Deferred Tax Liabilities | $82M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $71.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $204M |
| Treasury Stock | -$856M |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $534M |
| Minority Interest | $0 |
| TOTAL EQUITY | $534M |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $1.1B |
| Net Debt | $1.1B |
