| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $857M | $958M | — | -10.5% | — |
| Op. Income | $64M | $97M | — | -34.3% | — |
| Gross Margin | 19.7% | 21.2% | — | -1.6pp | — |
| Net Margin | 3.1% | 7.2% | — | -4.2pp | — |
| EPS (Diluted) | $0.55 | $1.43 | — | -61.5% | — |
| Free Cash Flow | $6M | $110M | — | -94.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $857M |
| Cost of Revenue | $688M |
| GROSS PROFIT | $169M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $72M |
| Other Expenses | $33M |
| Operating Expenses | $105M |
| Cost & Expenses | $793M |
| OPERATING INCOME | $64M |
| Interest Income | $6M |
| Interest Expense | $15M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | $42M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $33M |
| EBIT | $64M |
| EBITDA | $97M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $857M |
| Cost of Revenue | $688M |
| GROSS PROFIT | $169M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $72M |
| Other Expenses | $33M |
| Operating Expenses | $105M |
| Cost & Expenses | $793M |
| OPERATING INCOME | $64M |
| Interest Income | $6M |
| Interest Expense | $15M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | $42M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $33M |
| EBIT | $64M |
| EBITDA | $97M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $26M |
| Depreciation & Amortization | $33M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $14M |
| Change in Working Capital | -$59M |
| OPERATING CASH FLOW | $30M |
| Capital Expenditure | -$24M |
| Acquisitions (Net) | -$69M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$97M |
| Net Debt Issuance | $82M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $81M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | -$33M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.9B |
| Short-Term Investments | $0 |
| Net Receivables | $408M |
| Inventory | $0 |
| Other Current Assets | $1.7B |
| TOTAL CURRENT ASSETS | $3.9B |
| PP&E (Net) | $468M |
| Goodwill | $849M |
| Intangible Assets | $209M |
| Long-Term Investments | $61M |
| Tax Assets | $0 |
| Other Non-Current Assets | $179M |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $5.7B |
| Account Payables | $280M |
| Short-Term Debt | $727M |
| Deferred Revenue | $58M |
| Other Current Liabilities | $1.8B |
| TOTAL CURRENT LIABILITIES | $3.0B |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $51M |
| Other Non-Current Liabilities | $86M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $4.5B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $1.7B |
| Treasury Stock | -$1.5B |
| Accum. Other Comp. Income | -$248M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | -$200.0K |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $5.7B |
| Total Debt | $2.1B |
| Net Debt | $232M |
