| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.4B | $4.2B | $4.6B | 4.5% | -4.3% |
| Op. Income | $127M | $107M | $161M | 18.3% | -21.1% |
| Gross Margin | 6.3% | 6.1% | 6.6% | 0.2pp | -0.2pp |
| Net Margin | 2.1% | 0.7% | 2.5% | 1.4pp | -0.4pp |
| EPS (Diluted) | $0.78 | $0.26 | $0.96 | 200.0% | -18.7% |
| Free Cash Flow | -$56M | $43M | $228M | -229.1% | -124.5% |
| Item | Amount |
|---|---|
| REVENUE | $4.4B |
| Cost of Revenue | $4.1B |
| GROSS PROFIT | $279M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $152M |
| Other Expenses | $0 |
| Operating Expenses | $152M |
| Cost & Expenses | $4.3B |
| OPERATING INCOME | $127M |
| Interest Income | $0 |
| Interest Expense | $22M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | $110M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $93M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $93M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $93M |
| D&A | $24M |
| EBIT | $127M |
| EBITDA | $151M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.4B |
| Cost of Revenue | $4.1B |
| GROSS PROFIT | $279M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $152M |
| Other Expenses | $0 |
| Operating Expenses | $152M |
| Cost & Expenses | $4.3B |
| OPERATING INCOME | $127M |
| Interest Income | $0 |
| Interest Expense | $22M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | $110M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $93M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $93M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $93M |
| D&A | $24M |
| EBIT | $127M |
| EBITDA | $151M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $93M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $23M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$173M |
| OPERATING CASH FLOW | -$33M |
| Capital Expenditure | -$22M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$22M |
| Net Debt Issuance | $120M |
| Common Stock Repurchased | -$16M |
| Common Dividends Paid | -$75M |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | $35M |
| FREE CASH FLOW | -$56M |
| Net Change in Cash | -$24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $122M |
| Short-Term Investments | $0 |
| Net Receivables | $2.8B |
| Inventory | $0 |
| Other Current Assets | $174M |
| TOTAL CURRENT ASSETS | $3.1B |
| PP&E (Net) | $510M |
| Goodwill | $1.5B |
| Intangible Assets | $40M |
| Long-Term Investments | $0 |
| Tax Assets | $219M |
| Other Non-Current Assets | $111M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $5.5B |
| Account Payables | $1.4B |
| Short-Term Debt | $280M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $111M |
| TOTAL CURRENT LIABILITIES | $2.3B |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $12M |
| Other Non-Current Liabilities | $25M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $4.0B |
| Common Stock | $12M |
| Additional Paid-In Capital | $747M |
| Retained Earnings | $5.6B |
| Treasury Stock | -$4.9B |
| Accum. Other Comp. Income | -$100M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $5.5B |
| Total Debt | $2.1B |
| Net Debt | $2.0B |
