| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $254M | $256M | $264M | -0.7% | -3.9% |
| Op. Income | $22M | $31M | $37M | -29.1% | -40.9% |
| Gross Margin | 28.9% | 31.4% | 34.4% | -2.5pp | -5.5pp |
| Net Margin | 6.6% | 12.1% | 16.2% | -5.6pp | -9.6pp |
| EPS (Diluted) | $0.28 | $0.54 | $0.74 | -47.5% | -61.8% |
| Free Cash Flow | $21M | $42M | $29M | -49.8% | -27.6% |
| Item | Amount |
|---|---|
| REVENUE | $254M |
| Cost of Revenue | $181M |
| GROSS PROFIT | $73M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $52M |
| Operating Expenses | $52M |
| Cost & Expenses | $232M |
| OPERATING INCOME | $22M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $13M |
| EBIT | $22M |
| EBITDA | $34M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $254M |
| Cost of Revenue | $181M |
| GROSS PROFIT | $73M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $52M |
| Operating Expenses | $52M |
| Cost & Expenses | $232M |
| OPERATING INCOME | $22M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $13M |
| EBIT | $22M |
| EBITDA | $34M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $7M |
| Other Non-Cash Items | -$8M |
| Change in Working Capital | -$19M |
| OPERATING CASH FLOW | $22M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | -$6M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$7M |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$93.0K |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $21M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $227M |
| Short-Term Investments | $0 |
| Net Receivables | $251M |
| Inventory | $0 |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $485M |
| PP&E (Net) | $121M |
| Goodwill | $349M |
| Intangible Assets | $89M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $32M |
| TOTAL NON-CURRENT ASSETS | $591M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $113M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $22M |
| TOTAL CURRENT LIABILITIES | $155M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $40M |
| TOTAL NON-CURRENT LIABILITIES | $113M |
| TOTAL LIABILITIES | $268M |
| Common Stock | $2M |
| Additional Paid-In Capital | $20M |
| Retained Earnings | $736M |
| Treasury Stock | -$35.1K |
| Accum. Other Comp. Income | $50M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $808M |
| Minority Interest | $0 |
| TOTAL EQUITY | $808M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $93M |
| Net Debt | -$134M |
