| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $377M | $351M | $514M | 7.5% | -26.7% |
| Op. Income | $200M | $179M | $317M | 11.9% | -36.9% |
| Gross Margin | 63.5% | 60.6% | 69.1% | 2.9pp | -5.7pp |
| Net Margin | 1.8% | 146.6% | 138.3% | -144.8pp | -136.5pp |
| EPS (Diluted) | $0.04 | $2.88 | $3.60 | -98.5% | -98.8% |
| Free Cash Flow | $17M | $53M | $79M | -68.4% | -78.6% |
| Item | Amount |
|---|---|
| REVENUE | $377M |
| Cost of Revenue | $138M |
| GROSS PROFIT | $239M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $39M |
| Other Expenses | $0 |
| Operating Expenses | $39M |
| Cost & Expenses | $177M |
| OPERATING INCOME | $200M |
| Interest Income | $0 |
| Interest Expense | $37M |
| Other Income/Expenses | -$194M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | -$532.0K |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $119M |
| EBIT | $65M |
| EBITDA | $184M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $377M |
| Cost of Revenue | $138M |
| GROSS PROFIT | $239M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $39M |
| Other Expenses | $0 |
| Operating Expenses | $39M |
| Cost & Expenses | $177M |
| OPERATING INCOME | $200M |
| Interest Income | $0 |
| Interest Expense | $37M |
| Other Income/Expenses | -$194M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | -$532.0K |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $119M |
| EBIT | $65M |
| EBITDA | $184M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $119M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $54M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $185M |
| Capital Expenditure | -$168M |
| Acquisitions (Net) | $9M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$160M |
| Net Debt Issuance | $47M |
| Common Stock Repurchased | -$52M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$19M |
| NET CASH FROM FINANCING | -$24M |
| FREE CASH FLOW | $17M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $135M |
| Inventory | $14M |
| Other Current Assets | $290M |
| TOTAL CURRENT ASSETS | $460M |
| PP&E (Net) | $1.5B |
| Goodwill | $323M |
| Intangible Assets | $69M |
| Long-Term Investments | $224M |
| Tax Assets | $725M |
| Other Non-Current Assets | $5.4B |
| TOTAL NON-CURRENT ASSETS | $8.2B |
| TOTAL ASSETS | $8.7B |
| Account Payables | $163M |
| Short-Term Debt | $326M |
| Deferred Revenue | $16M |
| Other Current Liabilities | $292M |
| TOTAL CURRENT LIABILITIES | $874M |
| Long-Term Debt | $1.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $725M |
| Other Non-Current Liabilities | $723M |
| TOTAL NON-CURRENT LIABILITIES | $3.5B |
| TOTAL LIABILITIES | $4.3B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.4B |
| Retained Earnings | $1.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.3B |
| TOTAL LIABILITIES & EQUITY | $8.7B |
| Total Debt | $2.4B |
| Net Debt | $2.4B |
