| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.2B | $1.3B | 4.1% | 1.0% |
| Op. Income | $72M | $56M | $71M | 28.9% | 2.0% |
| Gross Margin | 77.5% | 76.3% | 76.2% | 1.1pp | 1.3pp |
| Net Margin | 1.9% | 0.8% | 2.3% | 1.1pp | -0.4pp |
| EPS (Diluted) | $0.24 | $0.10 | $0.29 | 140.0% | -17.2% |
| Free Cash Flow | -$19M | $61M | $16M | -131.4% | -220.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $285M |
| GROSS PROFIT | $979M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $492M |
| Other Expenses | $415M |
| Operating Expenses | $907M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $72M |
| Interest Income | $4M |
| Interest Expense | $42M |
| Other Income/Expenses | -$38M |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $29M |
| EBIT | $78M |
| EBITDA | $107M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $285M |
| GROSS PROFIT | $979M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $492M |
| Other Expenses | $415M |
| Operating Expenses | $907M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $72M |
| Interest Income | $4M |
| Interest Expense | $42M |
| Other Income/Expenses | -$38M |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $29M |
| EBIT | $78M |
| EBITDA | $107M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $24M |
| Depreciation & Amortization | $29M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | -$12M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$46M |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | -$33M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $100.0K |
| NET CASH FROM INVESTING | -$33M |
| Net Debt Issuance | -$157M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $600.0K |
| NET CASH FROM FINANCING | -$158M |
| FREE CASH FLOW | -$19M |
| Net Change in Cash | -$183M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $398M |
| Short-Term Investments | $0 |
| Net Receivables | $88M |
| Inventory | $502M |
| Other Current Assets | $238M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $690M |
| Goodwill | $94M |
| Intangible Assets | $314M |
| Long-Term Investments | $0 |
| Tax Assets | $190M |
| Other Non-Current Assets | $133M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $90M |
| Short-Term Debt | $3M |
| Deferred Revenue | $60M |
| Other Current Liabilities | $445M |
| TOTAL CURRENT LIABILITIES | $945M |
| Long-Term Debt | $2.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $170M |
| TOTAL NON-CURRENT LIABILITIES | $2.7B |
| TOTAL LIABILITIES | $3.7B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $244M |
| Retained Earnings | -$1.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$243M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | -$1.0B |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $2.6B |
| Net Debt | $2.2B |
