| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $698M | $640M | — | 9.1% | — |
| Op. Income | $63M | $60M | — | 3.7% | — |
| Gross Margin | 23.5% | 25.2% | — | -1.7pp | — |
| Net Margin | 2.5% | 2.5% | — | 0.0pp | — |
| EPS (Diluted) | $1.10 | $1.01 | — | 8.9% | — |
| Free Cash Flow | $0 | $0 | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $698M |
| Cost of Revenue | $534M |
| GROSS PROFIT | $164M |
| R&D Expenses | $20M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $81M |
| Other Expenses | $0 |
| Operating Expenses | $102M |
| Cost & Expenses | $636M |
| OPERATING INCOME | $63M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $57M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $0 |
| EBIT | $63M |
| EBITDA | $63M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $698M |
| Cost of Revenue | $534M |
| GROSS PROFIT | $164M |
| R&D Expenses | $20M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $81M |
| Other Expenses | $0 |
| Operating Expenses | $102M |
| Cost & Expenses | $636M |
| OPERATING INCOME | $63M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $57M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $0 |
| EBIT | $63M |
| EBITDA | $63M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$17M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $437M |
| Short-Term Investments | $79M |
| Net Receivables | $735M |
| Inventory | $35M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $170M |
| Goodwill | $0 |
| Intangible Assets | $1.1B |
| Long-Term Investments | $80M |
| Tax Assets | $52M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $2.8B |
| Account Payables | $223M |
| Short-Term Debt | $235M |
| Deferred Revenue | $166M |
| Other Current Liabilities | $154M |
| TOTAL CURRENT LIABILITIES | $1.0B |
| Long-Term Debt | $268M |
| Deferred Revenue NC | $16M |
| Deferred Tax Liabilities | $60M |
| Other Non-Current Liabilities | $38M |
| TOTAL NON-CURRENT LIABILITIES | $466M |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $631M |
| TOTAL STOCKHOLDERS' EQUITY | $631M |
| Minority Interest | $675M |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $630M |
| Net Debt | $194M |
