| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $426M | $515M | $383M | -17.3% | 11.0% |
| Op. Income | $63M | $72M | $62M | -13.5% | 0.5% |
| Gross Margin | 36.6% | 36.5% | 38.8% | 0.1pp | -2.2pp |
| Net Margin | 10.9% | 10.3% | 11.7% | 0.6pp | -0.8pp |
| EPS (Diluted) | $1.53 | $1.74 | $1.47 | -12.1% | 4.1% |
| Free Cash Flow | -$40M | $119M | -$122M | -133.4% | 67.6% |
| Item | Amount |
|---|---|
| REVENUE | $426M |
| Cost of Revenue | $270M |
| GROSS PROFIT | $156M |
| R&D Expenses | $0 |
| Selling & Marketing | $41M |
| General & Administrative | $52M |
| SG&A Expenses | $93M |
| Other Expenses | $181.0K |
| Operating Expenses | $93M |
| Cost & Expenses | $363M |
| OPERATING INCOME | $63M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $61M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $46M |
| D&A | $10M |
| EBIT | $63M |
| EBITDA | $73M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $426M |
| Cost of Revenue | $270M |
| GROSS PROFIT | $156M |
| R&D Expenses | $0 |
| Selling & Marketing | $41M |
| General & Administrative | $52M |
| SG&A Expenses | $93M |
| Other Expenses | $181.0K |
| Operating Expenses | $93M |
| Cost & Expenses | $363M |
| OPERATING INCOME | $63M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $61M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $46M |
| D&A | $10M |
| EBIT | $63M |
| EBITDA | $73M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $46M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $149.0K |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | $13M |
| Change in Working Capital | -$73M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$41M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$41M |
| Net Debt Issuance | $7M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $682.0K |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | -$40M |
| Net Change in Cash | -$32M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $18M |
| Short-Term Investments | $0 |
| Net Receivables | $13M |
| Inventory | $589M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $669M |
| PP&E (Net) | $584M |
| Goodwill | $198M |
| Intangible Assets | $61M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $848M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $134M |
| Short-Term Debt | $66M |
| Deferred Revenue | $22M |
| Other Current Liabilities | $35M |
| TOTAL CURRENT LIABILITIES | $375M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $33M |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $366M |
| TOTAL LIABILITIES | $741M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $210M |
| Retained Earnings | $576M |
| Treasury Stock | -$10M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $776M |
| Minority Interest | $0 |
| TOTAL EQUITY | $776M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $448M |
| Net Debt | $430M |
