| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $356M | $331M | $276M | 7.6% | 29.2% |
| Op. Income | $93M | $93M | $131M | 0.6% | -29.1% |
| Gross Margin | 57.1% | 56.3% | 77.0% | 0.8pp | -19.9pp |
| Net Margin | 23.2% | 24.9% | 35.4% | -1.7pp | -12.2pp |
| EPS (Diluted) | $1.13 | $1.13 | $1.33 | 0.0% | -15.0% |
| Free Cash Flow | $64M | $106M | $97M | -39.8% | -34.1% |
| Item | Amount |
|---|---|
| REVENUE | $356M |
| Cost of Revenue | $153M |
| GROSS PROFIT | $204M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $54M |
| SG&A Expenses | $56M |
| Other Expenses | $55M |
| Operating Expenses | $110M |
| Cost & Expenses | $263M |
| OPERATING INCOME | $93M |
| Interest Income | $333M |
| Interest Expense | $151M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $93M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $83M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $83M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $83M |
| D&A | $4M |
| EBIT | $93M |
| EBITDA | $97M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $356M |
| Cost of Revenue | $153M |
| GROSS PROFIT | $204M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $54M |
| SG&A Expenses | $56M |
| Other Expenses | $55M |
| Operating Expenses | $110M |
| Cost & Expenses | $263M |
| OPERATING INCOME | $93M |
| Interest Income | $333M |
| Interest Expense | $151M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $93M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $83M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $83M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $83M |
| D&A | $4M |
| EBIT | $93M |
| EBITDA | $97M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $83M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $7M |
| Other Non-Cash Items | $13M |
| Change in Working Capital | -$44M |
| OPERATING CASH FLOW | $66M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$161M |
| Sales/Maturities of Investments | $111M |
| Other Investing Activities | -$538M |
| NET CASH FROM INVESTING | -$590M |
| Net Debt Issuance | $525M |
| Common Stock Repurchased | $16.0K |
| Common Dividends Paid | -$25M |
| Other Financing Activities | -$311M |
| NET CASH FROM FINANCING | $190M |
| FREE CASH FLOW | $64M |
| Net Change in Cash | -$334M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $174M |
| Short-Term Investments | $2.3B |
| Net Receivables | $98M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $123M |
| Goodwill | $376M |
| Intangible Assets | $4M |
| Long-Term Investments | $19.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $308M |
| TOTAL NON-CURRENT ASSETS | $20.6B |
| TOTAL ASSETS | $23.1B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $19.3B |
| TOTAL CURRENT LIABILITIES | $19.3B |
| Long-Term Debt | $675M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $310M |
| TOTAL NON-CURRENT LIABILITIES | $1.0B |
| TOTAL LIABILITIES | $20.3B |
| Common Stock | $914.0K |
| Additional Paid-In Capital | $988M |
| Retained Earnings | $2.5B |
| Treasury Stock | -$667M |
| Accum. Other Comp. Income | -$85M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $23.1B |
| Total Debt | $710M |
| Net Debt | $536M |
