| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.5B | — | -4.5% | — |
| Op. Income | $495M | -$1.9B | — | 126.4% | — |
| Gross Margin | 73.4% | 74.3% | — | -0.9pp | — |
| Net Margin | 25.4% | -138.9% | — | 164.3pp | — |
| EPS (Diluted) | $0.00 | $0.00 | — | NaN% | — |
| Free Cash Flow | $194M | $278M | — | -30.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $370M |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $340M |
| Other Expenses | $187M |
| Operating Expenses | $527M |
| Cost & Expenses | $897M |
| OPERATING INCOME | $495M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $479M |
| Income Tax Expense | $126M |
| Net Income from Continuing Ops | $353M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $353M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $353M |
| D&A | $187M |
| EBIT | $495M |
| EBITDA | $682M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $370M |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $340M |
| Other Expenses | $187M |
| Operating Expenses | $527M |
| Cost & Expenses | $897M |
| OPERATING INCOME | $495M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $479M |
| Income Tax Expense | $126M |
| Net Income from Continuing Ops | $353M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $353M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $353M |
| D&A | $187M |
| EBIT | $495M |
| EBITDA | $682M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $353M |
| Depreciation & Amortization | $187M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$76M |
| OPERATING CASH FLOW | $471M |
| Capital Expenditure | -$277M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$274M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$193M |
| NET CASH FROM FINANCING | -$193M |
| FREE CASH FLOW | $194M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14M |
| Short-Term Investments | $0 |
| Net Receivables | $214M |
| Inventory | $0 |
| Other Current Assets | $153M |
| TOTAL CURRENT ASSETS | $448M |
| PP&E (Net) | $8.8B |
| Goodwill | $7.0B |
| Intangible Assets | $99M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $162M |
| TOTAL NON-CURRENT ASSETS | $16.0B |
| TOTAL ASSETS | $16.4B |
| Account Payables | $305M |
| Short-Term Debt | $83M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $380M |
| TOTAL CURRENT LIABILITIES | $899M |
| Long-Term Debt | $1.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.4B |
| TOTAL NON-CURRENT LIABILITIES | $4.4B |
| TOTAL LIABILITIES | $5.3B |
| Common Stock | $10.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $11.1B |
| TOTAL LIABILITIES & EQUITY | $16.4B |
| Total Debt | $2.1B |
| Net Debt | $2.1B |
