| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13.7B | $14.2B | $12.8B | -3.3% | 7.8% |
| Op. Income | $614M | $1.3B | -$277M | -53.6% | 321.7% |
| Gross Margin | 20.7% | 24.5% | 14.1% | -3.8pp | 6.6pp |
| Net Margin | 0.3% | 14.3% | -2.8% | -14.1pp | 3.1pp |
| EPS (Diluted) | $0.06 | $3.16 | $-0.57 | -98.2% | 110.1% |
| Free Cash Flow | $1.2B | -$1.1B | $1.2B | 214.9% | -1.6% |
| Item | Amount |
|---|---|
| REVENUE | $13.7B |
| Cost of Revenue | $10.9B |
| GROSS PROFIT | $2.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $550M |
| General & Administrative | $125M |
| SG&A Expenses | $675M |
| Other Expenses | $1.6B |
| Operating Expenses | $2.2B |
| Cost & Expenses | $13.1B |
| OPERATING INCOME | $614M |
| Interest Income | $0 |
| Interest Expense | $205M |
| Other Income/Expenses | -$492M |
| INCOME BEFORE TAX | $122M |
| Income Tax Expense | $85M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $615M |
| EBIT | $327M |
| EBITDA | $942M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $13.7B |
| Cost of Revenue | $10.9B |
| GROSS PROFIT | $2.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $550M |
| General & Administrative | $125M |
| SG&A Expenses | $675M |
| Other Expenses | $1.6B |
| Operating Expenses | $2.2B |
| Cost & Expenses | $13.1B |
| OPERATING INCOME | $614M |
| Interest Income | $0 |
| Interest Expense | $205M |
| Other Income/Expenses | -$492M |
| INCOME BEFORE TAX | $122M |
| Income Tax Expense | $85M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $615M |
| EBIT | $327M |
| EBITDA | $942M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $37M |
| Depreciation & Amortization | $615M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1.8B |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $2.4B |
| Capital Expenditure | -$1.2B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $546M |
| Other Investing Activities | $10M |
| NET CASH FROM INVESTING | -$637M |
| Net Debt Issuance | -$712M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$64M |
| Other Financing Activities | -$11M |
| NET CASH FROM FINANCING | -$787M |
| FREE CASH FLOW | $1.2B |
| Net Change in Cash | $1.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.9B |
| Short-Term Investments | $589M |
| Net Receivables | $3.7B |
| Inventory | $1.5B |
| Other Current Assets | $1.9B |
| TOTAL CURRENT ASSETS | $11.6B |
| PP&E (Net) | $42.7B |
| Goodwill | $9.8B |
| Intangible Assets | $6.0B |
| Long-Term Investments | $3.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.7B |
| TOTAL NON-CURRENT ASSETS | $63.4B |
| TOTAL ASSETS | $75.0B |
| Account Payables | $4.5B |
| Short-Term Debt | $2.8B |
| Deferred Revenue | $4.0B |
| Other Current Liabilities | $11.3B |
| TOTAL CURRENT LIABILITIES | $28.5B |
| Long-Term Debt | $16.6B |
| Deferred Revenue NC | $4.5B |
| Deferred Tax Liabilities | $994M |
| Other Non-Current Liabilities | $7.1B |
| TOTAL NON-CURRENT LIABILITIES | $35.3B |
| TOTAL LIABILITIES | $63.8B |
| Common Stock | $0 |
| Additional Paid-In Capital | $11.7B |
| Retained Earnings | $5.6B |
| Treasury Stock | -$366M |
| Accum. Other Comp. Income | -$5.8B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $11.2B |
| TOTAL LIABILITIES & EQUITY | $75.0B |
| Total Debt | $26.3B |
| Net Debt | $22.4B |
