| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.2B | $1.6B | $1.6B | 36.6% | 36.0% |
| Op. Income | $180M | $162M | $178M | 11.2% | 1.4% |
| Gross Margin | 36.9% | 36.4% | 36.2% | 0.5pp | 0.7pp |
| Net Margin | 3.1% | 4.8% | 6.4% | -1.6pp | -3.3pp |
| EPS (Diluted) | $1.09 | $1.49 | $2.01 | -26.8% | -45.8% |
| Free Cash Flow | $164M | $167M | $193M | -1.8% | -14.8% |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $823M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $642M |
| Other Expenses | $0 |
| Operating Expenses | $642M |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | $180M |
| Interest Income | $0 |
| Interest Expense | $71M |
| Other Income/Expenses | -$103M |
| INCOME BEFORE TAX | $77M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $69M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $69M |
| Net Income Deductions | $2M |
| BOTTOM LINE NET INCOME | $68M |
| D&A | $155M |
| EBIT | $148M |
| EBITDA | $303M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $823M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $642M |
| Other Expenses | $0 |
| Operating Expenses | $642M |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | $180M |
| Interest Income | $0 |
| Interest Expense | $71M |
| Other Income/Expenses | -$103M |
| INCOME BEFORE TAX | $77M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $69M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $69M |
| Net Income Deductions | $2M |
| BOTTOM LINE NET INCOME | $68M |
| D&A | $155M |
| EBIT | $148M |
| EBITDA | $303M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $69M |
| Depreciation & Amortization | $155M |
| Stock-Based Compensation | $24M |
| Deferred Income Tax | -$78M |
| Other Non-Cash Items | $21M |
| Change in Working Capital | $38M |
| OPERATING CASH FLOW | $229M |
| Capital Expenditure | -$65M |
| Acquisitions (Net) | -$1.9B |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$15M |
| NET CASH FROM INVESTING | -$2.0B |
| Net Debt Issuance | $229M |
| Common Stock Repurchased | -$30M |
| Common Dividends Paid | -$21M |
| Other Financing Activities | -$11M |
| NET CASH FROM FINANCING | $166M |
| FREE CASH FLOW | $164M |
| Net Change in Cash | -$1.6B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $516M |
| Short-Term Investments | $0 |
| Net Receivables | $1.9B |
| Inventory | $0 |
| Other Current Assets | $453M |
| TOTAL CURRENT ASSETS | $2.9B |
| PP&E (Net) | $749M |
| Goodwill | $5.1B |
| Intangible Assets | $2.8B |
| Long-Term Investments | $0 |
| Tax Assets | $72M |
| Other Non-Current Assets | $929M |
| TOTAL NON-CURRENT ASSETS | $9.6B |
| TOTAL ASSETS | $12.5B |
| Account Payables | $244M |
| Short-Term Debt | $231M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $787M |
| TOTAL CURRENT LIABILITIES | $2.1B |
| Long-Term Debt | $4.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $414M |
| Other Non-Current Liabilities | $297M |
| TOTAL NON-CURRENT LIABILITIES | $6.3B |
| TOTAL LIABILITIES | $8.3B |
| Common Stock | $7.0K |
| Additional Paid-In Capital | $3.6B |
| Retained Earnings | $1.0B |
| Treasury Stock | -$272M |
| Accum. Other Comp. Income | -$192M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.1B |
| TOTAL LIABILITIES & EQUITY | $12.5B |
| Total Debt | $5.8B |
| Net Debt | $5.3B |
