| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $526M | $524M | $498M | 0.2% | 5.5% |
| Op. Income | $99M | $67M | $90M | 47.6% | 10.3% |
| Gross Margin | 57.6% | 58.0% | 58.4% | -0.4pp | -0.9pp |
| Net Margin | 22.6% | 1.2% | 14.4% | 21.4pp | 8.3pp |
| EPS (Diluted) | $0.22 | $0.01 | $0.13 | 2100.0% | 69.2% |
| Free Cash Flow | $174M | $207M | $194M | -16.0% | -10.4% |
| Item | Amount |
|---|---|
| REVENUE | $526M |
| Cost of Revenue | $223M |
| GROSS PROFIT | $303M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $25M |
| SG&A Expenses | $25M |
| Other Expenses | $179M |
| Operating Expenses | $204M |
| Cost & Expenses | $427M |
| OPERATING INCOME | $99M |
| Interest Income | $6M |
| Interest Expense | $48M |
| Other Income/Expenses | $36M |
| INCOME BEFORE TAX | $135M |
| Income Tax Expense | $302.0K |
| Net Income from Continuing Ops | $135M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $119M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $118M |
| D&A | $179M |
| EBIT | $181M |
| EBITDA | $360M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $526M |
| Cost of Revenue | $223M |
| GROSS PROFIT | $303M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $25M |
| SG&A Expenses | $25M |
| Other Expenses | $179M |
| Operating Expenses | $204M |
| Cost & Expenses | $427M |
| OPERATING INCOME | $99M |
| Interest Income | $6M |
| Interest Expense | $48M |
| Other Income/Expenses | $36M |
| INCOME BEFORE TAX | $135M |
| Income Tax Expense | $302.0K |
| Net Income from Continuing Ops | $135M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $119M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $118M |
| D&A | $179M |
| EBIT | $181M |
| EBITDA | $360M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $135M |
| Depreciation & Amortization | $179M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$402.0K |
| Other Non-Cash Items | -$107M |
| Change in Working Capital | -$36M |
| OPERATING CASH FLOW | $174M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | -$10M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $66M |
| NET CASH FROM INVESTING | $56M |
| Net Debt Issuance | -$41M |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | -$165M |
| Other Financing Activities | -$27M |
| NET CASH FROM FINANCING | -$240M |
| FREE CASH FLOW | $174M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $59M |
| Short-Term Investments | $0 |
| Net Receivables | $301M |
| Inventory | $0 |
| Other Current Assets | $58M |
| TOTAL CURRENT ASSETS | $418M |
| PP&E (Net) | $236M |
| Goodwill | $0 |
| Intangible Assets | $392M |
| Long-Term Investments | $715M |
| Tax Assets | $0 |
| Other Non-Current Assets | $13.8B |
| TOTAL NON-CURRENT ASSETS | $15.2B |
| TOTAL ASSETS | $15.6B |
| Account Payables | $224M |
| Short-Term Debt | $556M |
| Deferred Revenue | $878M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.1B |
| Long-Term Debt | $5.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $150M |
| TOTAL NON-CURRENT LIABILITIES | $6.3B |
| TOTAL LIABILITIES | $8.4B |
| Common Stock | $547M |
| Additional Paid-In Capital | $10.4B |
| Retained Earnings | -$4.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $19M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.6B |
| Minority Interest | $614M |
| TOTAL EQUITY | $7.2B |
| TOTAL LIABILITIES & EQUITY | $15.6B |
| Total Debt | $6.7B |
| Net Debt | $6.6B |
