| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $489M | — | $469M | — | 4.2% |
| Op. Income | $26M | — | $32M | — | -18.2% |
| Gross Margin | 40.4% | — | 40.4% | — | 0.0pp |
| Net Margin | 1.0% | — | 2.6% | — | -1.7pp |
| EPS (Diluted) | $0.10 | — | $0.23 | — | -58.7% |
| Free Cash Flow | -$79M | — | -$98M | — | 18.6% |
| Item | Amount |
|---|---|
| REVENUE | $489M |
| Cost of Revenue | $291M |
| GROSS PROFIT | $198M |
| R&D Expenses | $13M |
| Selling & Marketing | $48M |
| General & Administrative | $103M |
| SG&A Expenses | $152M |
| Other Expenses | $7M |
| Operating Expenses | $172M |
| Cost & Expenses | $463M |
| OPERATING INCOME | $26M |
| Interest Income | $0 |
| Interest Expense | $20M |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $23M |
| EBIT | $26M |
| EBITDA | $48M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $489M |
| Cost of Revenue | $291M |
| GROSS PROFIT | $198M |
| R&D Expenses | $13M |
| Selling & Marketing | $48M |
| General & Administrative | $103M |
| SG&A Expenses | $152M |
| Other Expenses | $7M |
| Operating Expenses | $172M |
| Cost & Expenses | $463M |
| OPERATING INCOME | $26M |
| Interest Income | $0 |
| Interest Expense | $20M |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $23M |
| EBIT | $26M |
| EBITDA | $48M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$200.0K |
| Other Non-Cash Items | -$900.0K |
| Change in Working Capital | -$106M |
| OPERATING CASH FLOW | -$73M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $500.0K |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $95M |
| Common Stock Repurchased | -$15M |
| Common Dividends Paid | -$8M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $70M |
| FREE CASH FLOW | -$79M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $214M |
| Short-Term Investments | $0 |
| Net Receivables | $177M |
| Inventory | $522M |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $334M |
| Goodwill | $1.3B |
| Intangible Assets | $970M |
| Long-Term Investments | -$137M |
| Tax Assets | $137M |
| Other Non-Current Assets | $141M |
| TOTAL NON-CURRENT ASSETS | $2.8B |
| TOTAL ASSETS | $3.8B |
| Account Payables | $198M |
| Short-Term Debt | $24M |
| Deferred Revenue | $152M |
| Other Current Liabilities | -$21M |
| TOTAL CURRENT LIABILITIES | $468M |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $137M |
| Other Non-Current Liabilities | $185M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $700.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $1.0B |
| Treasury Stock | -$897M |
| Accum. Other Comp. Income | -$147M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $3.8B |
| Total Debt | $1.5B |
| Net Debt | $1.3B |
