| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $339M | $356M | $300M | -4.9% | 13.1% |
| Op. Income | $80M | $93M | $115M | -13.9% | -30.6% |
| Gross Margin | 51.1% | 57.1% | 66.3% | -6.0pp | -15.2pp |
| Net Margin | 21.1% | 23.2% | 32.0% | -2.1pp | -11.0pp |
| EPS (Diluted) | $0.98 | $1.13 | $1.32 | -13.3% | -25.8% |
| Free Cash Flow | $87M | $64M | $121M | 36.2% | -27.8% |
| Item | Amount |
|---|---|
| REVENUE | $339M |
| Cost of Revenue | $166M |
| GROSS PROFIT | $173M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $50M |
| SG&A Expenses | $52M |
| Other Expenses | $42M |
| Operating Expenses | $93M |
| Cost & Expenses | $259M |
| OPERATING INCOME | $80M |
| Interest Income | $333M |
| Interest Expense | $164M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $80M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $71M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $71M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $71M |
| D&A | $4M |
| EBIT | $80M |
| EBITDA | $84M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $339M |
| Cost of Revenue | $166M |
| GROSS PROFIT | $173M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $50M |
| SG&A Expenses | $52M |
| Other Expenses | $42M |
| Operating Expenses | $93M |
| Cost & Expenses | $259M |
| OPERATING INCOME | $80M |
| Interest Income | $333M |
| Interest Expense | $164M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $80M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $71M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $71M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $71M |
| D&A | $4M |
| EBIT | $80M |
| EBITDA | $84M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $71M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $905.0K |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $18M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $88M |
| Capital Expenditure | -$916.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$470M |
| Sales/Maturities of Investments | $418M |
| Other Investing Activities | $89M |
| NET CASH FROM INVESTING | $37M |
| Net Debt Issuance | -$275M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$25M |
| Other Financing Activities | $521M |
| NET CASH FROM FINANCING | $222M |
| FREE CASH FLOW | $87M |
| Net Change in Cash | $347M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $165M |
| Short-Term Investments | $2.7B |
| Net Receivables | $98M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.9B |
| PP&E (Net) | $122M |
| Goodwill | $376M |
| Intangible Assets | $4M |
| Long-Term Investments | $19.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $327M |
| TOTAL NON-CURRENT ASSETS | $20.5B |
| TOTAL ASSETS | $23.4B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $19.8B |
| TOTAL CURRENT LIABILITIES | $19.8B |
| Long-Term Debt | $402M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $344M |
| TOTAL NON-CURRENT LIABILITIES | $780M |
| TOTAL LIABILITIES | $20.6B |
| Common Stock | $914.0K |
| Additional Paid-In Capital | $990M |
| Retained Earnings | $2.5B |
| Treasury Stock | -$667M |
| Accum. Other Comp. Income | -$92M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.8B |
| TOTAL LIABILITIES & EQUITY | $23.4B |
| Total Debt | $436M |
| Net Debt | $271M |
