| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $452M | $366M | $416M | 23.5% | 8.6% |
| Op. Income | $11M | -$26M | $51M | 140.2% | -79.3% |
| Gross Margin | 41.6% | 38.5% | 48.6% | 3.1pp | -7.0pp |
| Net Margin | 1.1% | -6.4% | 8.6% | 7.5pp | -7.6pp |
| EPS (Diluted) | $0.09 | $-0.45 | $0.69 | 119.8% | -87.1% |
| Free Cash Flow | $75M | -$55M | $81M | 234.9% | -7.8% |
| Item | Amount |
|---|---|
| REVENUE | $452M |
| Cost of Revenue | $264M |
| GROSS PROFIT | $188M |
| R&D Expenses | $0 |
| Selling & Marketing | $62M |
| General & Administrative | $117M |
| SG&A Expenses | $179M |
| Other Expenses | -$1M |
| Operating Expenses | $177M |
| Cost & Expenses | $441M |
| OPERATING INCOME | $11M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $3M |
| 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 | $22M |
| EBIT | $9M |
| EBITDA | $31M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $452M |
| Cost of Revenue | $264M |
| GROSS PROFIT | $188M |
| R&D Expenses | $0 |
| Selling & Marketing | $62M |
| General & Administrative | $117M |
| SG&A Expenses | $179M |
| Other Expenses | -$1M |
| Operating Expenses | $177M |
| Cost & Expenses | $441M |
| OPERATING INCOME | $11M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $3M |
| 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 | $22M |
| EBIT | $9M |
| EBITDA | $31M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $17M |
| Change in Working Capital | $37M |
| OPERATING CASH FLOW | $89M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | -$35M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $85M |
| Other Investing Activities | -$40M |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$16M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $364M |
| NET CASH FROM FINANCING | $348M |
| FREE CASH FLOW | $75M |
| Net Change in Cash | $433M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $60M |
| Net Receivables | $86M |
| Inventory | $0 |
| Other Current Assets | $956M |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $180M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $2.1B |
| Tax Assets | $129M |
| Other Non-Current Assets | $255M |
| TOTAL NON-CURRENT ASSETS | $3.1B |
| TOTAL ASSETS | $5.3B |
| Account Payables | $108M |
| Short-Term Debt | $45M |
| Deferred Revenue | $362M |
| Other Current Liabilities | $3.8B |
| TOTAL CURRENT LIABILITIES | $4.4B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $4.5B |
| Common Stock | $53.0K |
| Additional Paid-In Capital | $383M |
| Retained Earnings | $775M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$288M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $871M |
| Minority Interest | $0 |
| TOTAL EQUITY | $871M |
| TOTAL LIABILITIES & EQUITY | $5.3B |
| Total Debt | $50M |
| Net Debt | -$1.1B |
