| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $462M | — | $446M | — | 3.8% |
| Op. Income | $92M | — | $108M | — | -15.3% |
| Gross Margin | 83.0% | — | 83.2% | — | -0.2pp |
| Net Margin | 16.7% | — | 22.8% | — | -6.1pp |
| EPS (Diluted) | $0.28 | — | $0.35 | — | -18.8% |
| Free Cash Flow | $31M | — | $98M | — | -68.9% |
| Item | Amount |
|---|---|
| REVENUE | $462M |
| Cost of Revenue | $79M |
| GROSS PROFIT | $384M |
| R&D Expenses | $18M |
| Selling & Marketing | $66M |
| General & Administrative | $12M |
| SG&A Expenses | $78M |
| Other Expenses | $197M |
| Operating Expenses | $292M |
| Cost & Expenses | $371M |
| OPERATING INCOME | $92M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $96M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $78M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $77M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $77M |
| D&A | $3M |
| EBIT | $92M |
| EBITDA | $95M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $462M |
| Cost of Revenue | $79M |
| GROSS PROFIT | $384M |
| R&D Expenses | $18M |
| Selling & Marketing | $66M |
| General & Administrative | $12M |
| SG&A Expenses | $78M |
| Other Expenses | $197M |
| Operating Expenses | $292M |
| Cost & Expenses | $371M |
| OPERATING INCOME | $92M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $96M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $78M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $77M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $77M |
| D&A | $3M |
| EBIT | $92M |
| EBITDA | $95M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $78M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$58M |
| OPERATING CASH FLOW | $31M |
| Capital Expenditure | -$663.8K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$356M |
| Sales/Maturities of Investments | $446M |
| Other Investing Activities | $46M |
| NET CASH FROM INVESTING | $135M |
| Net Debt Issuance | -$6.3K |
| Common Stock Repurchased | -$28M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$17M |
| NET CASH FROM FINANCING | -$45M |
| FREE CASH FLOW | $31M |
| Net Change in Cash | $120M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $908M |
| Short-Term Investments | $340M |
| Net Receivables | $311M |
| Inventory | $0 |
| Other Current Assets | $188M |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $94M |
| Goodwill | $7M |
| Intangible Assets | $14M |
| Long-Term Investments | $168M |
| Tax Assets | $267M |
| Other Non-Current Assets | $415M |
| TOTAL NON-CURRENT ASSETS | $966M |
| TOTAL ASSETS | $3.1B |
| Account Payables | $0 |
| Short-Term Debt | $831.1K |
| Deferred Revenue | $268M |
| Other Current Liabilities | -$316M |
| TOTAL CURRENT LIABILITIES | $286M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $816M |
| TOTAL NON-CURRENT LIABILITIES | $821M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $15.0K |
| Additional Paid-In Capital | $844M |
| Retained Earnings | $1.2B |
| Treasury Stock | -$203M |
| Accum. Other Comp. Income | $125M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $20M |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $6M |
| Net Debt | -$902M |
