| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $861M | $745M | 27.8% | 47.7% |
| Op. Income | $205M | $48M | $78M | 326.9% | 163.0% |
| Gross Margin | 59.9% | 54.5% | 58.1% | 5.4pp | 1.8pp |
| Net Margin | 15.0% | 3.4% | 8.9% | 11.7pp | 6.2pp |
| EPS (Diluted) | $0.99 | $0.17 | $0.39 | 482.4% | 153.8% |
| Free Cash Flow | $203M | $279M | $185M | -27.0% | 9.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $441M |
| GROSS PROFIT | $659M |
| R&D Expenses | $0 |
| Selling & Marketing | $136M |
| General & Administrative | $318M |
| SG&A Expenses | $454M |
| Other Expenses | $0 |
| Operating Expenses | $454M |
| Cost & Expenses | $895M |
| OPERATING INCOME | $205M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $33M |
| INCOME BEFORE TAX | $239M |
| Income Tax Expense | $63M |
| Net Income from Continuing Ops | $176M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $165M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $165M |
| D&A | $31M |
| EBIT | $205M |
| EBITDA | $236M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $441M |
| GROSS PROFIT | $659M |
| R&D Expenses | $0 |
| Selling & Marketing | $136M |
| General & Administrative | $318M |
| SG&A Expenses | $454M |
| Other Expenses | $0 |
| Operating Expenses | $454M |
| Cost & Expenses | $895M |
| OPERATING INCOME | $205M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $33M |
| INCOME BEFORE TAX | $239M |
| Income Tax Expense | $63M |
| Net Income from Continuing Ops | $176M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $165M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $165M |
| D&A | $31M |
| EBIT | $205M |
| EBITDA | $236M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $165M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $40M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $131M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $336M |
| Capital Expenditure | -$133M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$76M |
| NET CASH FROM INVESTING | -$208M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$13M |
| NET CASH FROM FINANCING | -$13M |
| FREE CASH FLOW | $203M |
| Net Change in Cash | $85M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.7B |
| Short-Term Investments | $2.4B |
| Net Receivables | $44M |
| Inventory | $63M |
| Other Current Assets | $347M |
| TOTAL CURRENT ASSETS | $4.6B |
| PP&E (Net) | $829M |
| Goodwill | $104M |
| Intangible Assets | $26M |
| Long-Term Investments | $855M |
| Tax Assets | $56M |
| Other Non-Current Assets | $235M |
| TOTAL NON-CURRENT ASSETS | $2.1B |
| TOTAL ASSETS | $6.7B |
| Account Payables | $77M |
| Short-Term Debt | $0 |
| Deferred Revenue | $1.4B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.4B |
| Long-Term Debt | $14M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $23M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $329M |
| TOTAL LIABILITIES | $2.7B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $3.7B |
| TOTAL STOCKHOLDERS' EQUITY | $3.7B |
| Minority Interest | $240M |
| TOTAL EQUITY | $4.0B |
| TOTAL LIABILITIES & EQUITY | $6.7B |
| Total Debt | $470M |
| Net Debt | -$1.3B |
