| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $310M | $316M | $301M | -2.0% | 3.1% |
| Op. Income | $43M | $71M | $66M | -39.1% | -34.8% |
| Gross Margin | 84.3% | 84.2% | 84.9% | 0.1pp | -0.6pp |
| Net Margin | 4.9% | -1.7% | 14.8% | 6.6pp | -9.9pp |
| EPS (Diluted) | $0.04 | $-0.01 | $0.11 | 378.3% | -63.8% |
| Free Cash Flow | $103M | $120M | $102M | -14.0% | 0.9% |
| Item | Amount |
|---|---|
| REVENUE | $310M |
| Cost of Revenue | $49M |
| GROSS PROFIT | $261M |
| R&D Expenses | $44M |
| Selling & Marketing | $99M |
| General & Administrative | $75M |
| SG&A Expenses | $175M |
| Other Expenses | $0 |
| Operating Expenses | $218M |
| Cost & Expenses | $267M |
| OPERATING INCOME | $43M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $20M |
| EBIT | $40M |
| EBITDA | $60M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $310M |
| Cost of Revenue | $49M |
| GROSS PROFIT | $261M |
| R&D Expenses | $44M |
| Selling & Marketing | $99M |
| General & Administrative | $75M |
| SG&A Expenses | $175M |
| Other Expenses | $0 |
| Operating Expenses | $218M |
| Cost & Expenses | $267M |
| OPERATING INCOME | $43M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $20M |
| EBIT | $40M |
| EBITDA | $60M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $38M |
| Stock-Based Compensation | $31M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $16M |
| Change in Working Capital | $15M |
| OPERATING CASH FLOW | $116M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $48M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $35M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$158M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$33M |
| NET CASH FROM FINANCING | -$193M |
| FREE CASH FLOW | $103M |
| Net Change in Cash | -$41M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $406M |
| Short-Term Investments | $34M |
| Net Receivables | $228M |
| Inventory | $0 |
| Other Current Assets | $72M |
| TOTAL CURRENT ASSETS | $740M |
| PP&E (Net) | $181M |
| Goodwill | $1.7B |
| Intangible Assets | $320M |
| Long-Term Investments | $0 |
| Tax Assets | $3.7B |
| Other Non-Current Assets | $126M |
| TOTAL NON-CURRENT ASSETS | $6.0B |
| TOTAL ASSETS | $6.8B |
| Account Payables | $18M |
| Short-Term Debt | $6M |
| Deferred Revenue | $443M |
| Other Current Liabilities | $60M |
| TOTAL CURRENT LIABILITIES | $664M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $2.7B |
| TOTAL NON-CURRENT LIABILITIES | $4.1B |
| TOTAL LIABILITIES | $4.7B |
| Common Stock | $4M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $298M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $28M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $6.8B |
| Total Debt | $1.4B |
| Net Debt | $953M |
