| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $932M | $927M | $859M | 0.5% | 8.5% |
| Op. Income | $153M | $136M | $150M | 12.8% | 2.4% |
| Gross Margin | 67.0% | 65.4% | 65.1% | 1.5pp | 1.9pp |
| Net Margin | 8.7% | 9.1% | 9.9% | -0.4pp | -1.1pp |
| EPS (Diluted) | $0.41 | $0.42 | $0.43 | -2.4% | -4.7% |
| Free Cash Flow | $5M | $29M | $84M | -84.2% | -94.5% |
| Item | Amount |
|---|---|
| REVENUE | $932M |
| Cost of Revenue | $308M |
| GROSS PROFIT | $624M |
| R&D Expenses | $40M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $381M |
| Other Expenses | $50M |
| Operating Expenses | $471M |
| Cost & Expenses | $779M |
| OPERATING INCOME | $153M |
| Interest Income | $0 |
| Interest Expense | $30M |
| Other Income/Expenses | -$33M |
| INCOME BEFORE TAX | $120M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $81M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $81M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $81M |
| D&A | $97M |
| EBIT | $150M |
| EBITDA | $247M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $932M |
| Cost of Revenue | $308M |
| GROSS PROFIT | $624M |
| R&D Expenses | $40M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $381M |
| Other Expenses | $50M |
| Operating Expenses | $471M |
| Cost & Expenses | $779M |
| OPERATING INCOME | $153M |
| Interest Income | $0 |
| Interest Expense | $30M |
| Other Income/Expenses | -$33M |
| INCOME BEFORE TAX | $120M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $81M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $81M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $81M |
| D&A | $97M |
| EBIT | $150M |
| EBITDA | $247M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $81M |
| Depreciation & Amortization | $97M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $54M |
| Change in Working Capital | -$110M |
| OPERATING CASH FLOW | $123M |
| Capital Expenditure | -$118M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$206M |
| NET CASH FROM INVESTING | -$324M |
| Net Debt Issuance | $202M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $8M |
| NET CASH FROM FINANCING | $212M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | $14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $135M |
| Short-Term Investments | $0 |
| Net Receivables | $651M |
| Inventory | $748M |
| Other Current Assets | $260M |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $1.7B |
| Goodwill | $3.8B |
| Intangible Assets | $1.8B |
| Long-Term Investments | $0 |
| Tax Assets | $2.3B |
| Other Non-Current Assets | $617M |
| TOTAL NON-CURRENT ASSETS | $10.2B |
| TOTAL ASSETS | $12.0B |
| Account Payables | $202M |
| Short-Term Debt | $45M |
| Deferred Revenue | $122M |
| Other Current Liabilities | $594M |
| TOTAL CURRENT LIABILITIES | $965M |
| Long-Term Debt | $2.7B |
| Deferred Revenue NC | $186M |
| Deferred Tax Liabilities | $90M |
| Other Non-Current Liabilities | $370M |
| TOTAL NON-CURRENT LIABILITIES | $3.4B |
| TOTAL LIABILITIES | $4.3B |
| Common Stock | $22M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $7.0B |
| Treasury Stock | -$709M |
| Accum. Other Comp. Income | -$422M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.7B |
| Minority Interest | $200.0K |
| TOTAL EQUITY | $7.7B |
| TOTAL LIABILITIES & EQUITY | $12.0B |
| Total Debt | $2.8B |
| Net Debt | $2.6B |
