| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.2B | $1.9B | $2.3B | 11.6% | -4.7% |
| Op. Income | $412M | $406M | $314M | 1.5% | 31.2% |
| Gross Margin | 43.0% | 42.7% | 35.4% | 0.3pp | 7.5pp |
| Net Margin | 13.2% | 15.8% | 8.9% | -2.7pp | 4.3pp |
| EPS (Diluted) | $0.96 | $1.04 | $0.69 | -7.7% | 39.1% |
| Free Cash Flow | $343M | -$203M | $423M | 269.0% | -18.9% |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $935M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | -$44M |
| SG&A Expenses | -$44M |
| Other Expenses | $567M |
| Operating Expenses | $523M |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $412M |
| Interest Income | $0 |
| Interest Expense | $177M |
| Other Income/Expenses | -$91M |
| INCOME BEFORE TAX | $321M |
| Income Tax Expense | $58M |
| Net Income from Continuing Ops | $263M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $287M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $285M |
| D&A | $368M |
| EBIT | $498M |
| EBITDA | $866M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $935M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | -$44M |
| SG&A Expenses | -$44M |
| Other Expenses | $567M |
| Operating Expenses | $523M |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $412M |
| Interest Income | $0 |
| Interest Expense | $177M |
| Other Income/Expenses | -$91M |
| INCOME BEFORE TAX | $321M |
| Income Tax Expense | $58M |
| Net Income from Continuing Ops | $263M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $287M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $285M |
| D&A | $368M |
| EBIT | $498M |
| EBITDA | $866M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $287M |
| Depreciation & Amortization | $368M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $51M |
| Other Non-Cash Items | -$60M |
| Change in Working Capital | $310M |
| OPERATING CASH FLOW | $956M |
| Capital Expenditure | -$613M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$24M |
| NET CASH FROM INVESTING | -$637M |
| Net Debt Issuance | $187M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$156M |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | $294M |
| FREE CASH FLOW | $343M |
| Net Change in Cash | $613M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $802M |
| Short-Term Investments | $0 |
| Net Receivables | $898M |
| Inventory | $677M |
| Other Current Assets | $260M |
| TOTAL CURRENT ASSETS | $3.1B |
| PP&E (Net) | $25.3B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $73M |
| Tax Assets | $0 |
| Other Non-Current Assets | $5.5B |
| TOTAL NON-CURRENT ASSETS | $30.8B |
| TOTAL ASSETS | $33.9B |
| Account Payables | $651M |
| Short-Term Debt | $772M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $703M |
| TOTAL CURRENT LIABILITIES | $2.3B |
| Long-Term Debt | $15.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.8B |
| Other Non-Current Liabilities | $5.3B |
| TOTAL NON-CURRENT LIABILITIES | $23.1B |
| TOTAL LIABILITIES | $25.4B |
| Common Stock | $3M |
| Additional Paid-In Capital | $6.0B |
| Retained Earnings | $1.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$45M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.9B |
| Minority Interest | $560M |
| TOTAL EQUITY | $8.5B |
| TOTAL LIABILITIES & EQUITY | $33.9B |
| Total Debt | $15.8B |
| Net Debt | $15.0B |
