| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $380M | $384M | $350M | -1.2% | 8.7% |
| Op. Income | $33M | $47M | $8M | -30.1% | 307.4% |
| Gross Margin | 32.5% | 32.1% | 26.9% | 0.4pp | 5.7pp |
| Net Margin | 7.0% | 10.3% | 1.9% | -3.3pp | 5.1pp |
| EPS (Diluted) | $0.64 | $0.95 | $0.16 | -32.6% | 300.0% |
| Free Cash Flow | $75M | $103M | $86M | -27.6% | -13.8% |
| Item | Amount |
|---|---|
| REVENUE | $380M |
| Cost of Revenue | $256M |
| GROSS PROFIT | $124M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $91M |
| Operating Expenses | $91M |
| Cost & Expenses | $347M |
| OPERATING INCOME | $33M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $7M |
| EBIT | $42M |
| EBITDA | $48M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $380M |
| Cost of Revenue | $256M |
| GROSS PROFIT | $124M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $91M |
| Operating Expenses | $91M |
| Cost & Expenses | $347M |
| OPERATING INCOME | $33M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $7M |
| EBIT | $42M |
| EBITDA | $48M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $27M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $13M |
| Change in Working Capital | $26M |
| OPERATING CASH FLOW | $75M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $4M |
| Purchases of Investments | -$337M |
| Sales/Maturities of Investments | $272M |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$60M |
| Net Debt Issuance | -$50M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$14M |
| Other Financing Activities | $40M |
| NET CASH FROM FINANCING | -$24M |
| FREE CASH FLOW | $75M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $20M |
| Short-Term Investments | $454M |
| Net Receivables | $449M |
| Inventory | $0 |
| Other Current Assets | -$923M |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $54M |
| Intangible Assets | $167M |
| Long-Term Investments | $6.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$6.9B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $14.2B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $546M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$546M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $13.0B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $513M |
| Retained Earnings | $1.5B |
| Treasury Stock | -$524M |
| Accum. Other Comp. Income | -$292M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $14.2B |
| Total Debt | $546M |
| Net Debt | $526M |
