| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.6B | — | $2.5B | — | 5.0% |
| Op. Income | $87M | — | $74M | — | 17.6% |
| Gross Margin | 13.0% | — | 14.0% | — | -1.0pp |
| Net Margin | 2.8% | — | 1.9% | — | 1.0pp |
| EPS (Diluted) | $0.61 | — | $0.39 | — | 56.4% |
| Free Cash Flow | $146M | — | $123M | — | 18.7% |
| Item | Amount |
|---|---|
| REVENUE | $2.6B |
| Cost of Revenue | $2.3B |
| GROSS PROFIT | $337M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $237M |
| Other Expenses | $13M |
| Operating Expenses | $250M |
| Cost & Expenses | $2.5B |
| OPERATING INCOME | $87M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $68M |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | $73M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $73M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $73M |
| D&A | $93M |
| EBIT | $80M |
| EBITDA | $173M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.6B |
| Cost of Revenue | $2.3B |
| GROSS PROFIT | $337M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $237M |
| Other Expenses | $13M |
| Operating Expenses | $250M |
| Cost & Expenses | $2.5B |
| OPERATING INCOME | $87M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $68M |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | $73M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $73M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $73M |
| D&A | $93M |
| EBIT | $80M |
| EBITDA | $173M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $73M |
| Depreciation & Amortization | $93M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$12M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $44M |
| OPERATING CASH FLOW | $215M |
| Capital Expenditure | -$69M |
| Acquisitions (Net) | -$149M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$218M |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$16M |
| FREE CASH FLOW | $146M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $468M |
| Short-Term Investments | $0 |
| Net Receivables | $1.8B |
| Inventory | $0 |
| Other Current Assets | $347M |
| TOTAL CURRENT ASSETS | $2.6B |
| PP&E (Net) | $3.2B |
| Goodwill | $2.9B |
| Intangible Assets | $567M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $327M |
| TOTAL NON-CURRENT ASSETS | $6.9B |
| TOTAL ASSETS | $9.5B |
| Account Payables | $709M |
| Short-Term Debt | $27M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $327M |
| TOTAL CURRENT LIABILITIES | $2.6B |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $473M |
| TOTAL NON-CURRENT LIABILITIES | $3.9B |
| TOTAL LIABILITIES | $6.6B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.6B |
| Retained Earnings | $552M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$239M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $34M |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $9.5B |
| Total Debt | $4.1B |
| Net Debt | $3.6B |
