| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.4B | $1.4B | 0.0% | -1.5% |
| Op. Income | $93M | $38M | $60M | 141.1% | 55.4% |
| Gross Margin | 63.7% | 62.9% | 61.9% | 0.8pp | 1.8pp |
| Net Margin | 3.3% | 2.4% | 3.2% | 0.9pp | 0.1pp |
| EPS (Diluted) | $0.45 | $0.33 | $0.44 | 36.4% | 2.3% |
| Free Cash Flow | $18M | -$100M | -$155M | 117.6% | 111.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $517M |
| GROSS PROFIT | $907M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $485M |
| SG&A Expenses | $485M |
| Other Expenses | $330M |
| Operating Expenses | $815M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $93M |
| Interest Income | $0 |
| Interest Expense | $34M |
| Other Income/Expenses | -$34M |
| INCOME BEFORE TAX | $58M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $47M |
| D&A | $50M |
| EBIT | $93M |
| EBITDA | $143M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $517M |
| GROSS PROFIT | $907M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $485M |
| SG&A Expenses | $485M |
| Other Expenses | $330M |
| Operating Expenses | $815M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $93M |
| Interest Income | $0 |
| Interest Expense | $34M |
| Other Income/Expenses | -$34M |
| INCOME BEFORE TAX | $58M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $47M |
| D&A | $50M |
| EBIT | $93M |
| EBITDA | $143M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $47M |
| Depreciation & Amortization | $50M |
| Stock-Based Compensation | $23M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$120M |
| Change in Working Capital | $69M |
| OPERATING CASH FLOW | $69M |
| Capital Expenditure | -$52M |
| Acquisitions (Net) | $600.0K |
| Purchases of Investments | -$389M |
| Sales/Maturities of Investments | $402M |
| Other Investing Activities | -$189M |
| NET CASH FROM INVESTING | -$227M |
| Net Debt Issuance | $135M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$55M |
| Other Financing Activities | -$2.0B |
| NET CASH FROM FINANCING | -$1.9B |
| FREE CASH FLOW | $18M |
| Net Change in Cash | -$2.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $94M |
| Net Receivables | $437M |
| Inventory | -$1.9B |
| Other Current Assets | $2.7B |
| TOTAL CURRENT ASSETS | $2.9B |
| PP&E (Net) | $1.6B |
| Goodwill | $1.8B |
| Intangible Assets | $804M |
| Long-Term Investments | $7.8B |
| Tax Assets | $50M |
| Other Non-Current Assets | -$260M |
| TOTAL NON-CURRENT ASSETS | $11.8B |
| TOTAL ASSETS | $14.7B |
| Account Payables | $745M |
| Short-Term Debt | $689M |
| Deferred Revenue | $183M |
| Other Current Liabilities | $334M |
| TOTAL CURRENT LIABILITIES | $2.0B |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $183M |
| Deferred Tax Liabilities | $64M |
| Other Non-Current Liabilities | $6.0B |
| TOTAL NON-CURRENT LIABILITIES | $7.9B |
| TOTAL LIABILITIES | $9.9B |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $3.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$721M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.8B |
| Minority Interest | $19M |
| TOTAL EQUITY | $4.8B |
| TOTAL LIABILITIES & EQUITY | $14.7B |
| Total Debt | $1.6B |
| Net Debt | $125M |
