| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $999M | $985M | $1.2B | 1.5% | -13.3% |
| Op. Income | $37M | $29M | $78M | 26.3% | -52.5% |
| Gross Margin | 7.7% | 10.9% | 9.8% | -3.2pp | -2.1pp |
| Net Margin | 2.7% | 2.9% | 5.4% | -0.2pp | -2.7pp |
| EPS (Diluted) | $0.44 | $0.46 | $1.88 | -4.3% | -76.6% |
| Free Cash Flow | $63M | $65M | $63M | -3.2% | 0.7% |
| Item | Amount |
|---|---|
| REVENUE | $999M |
| Cost of Revenue | $923M |
| GROSS PROFIT | $76M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $40M |
| SG&A Expenses | $40M |
| Other Expenses | -$498.0K |
| Operating Expenses | $39M |
| Cost & Expenses | $962M |
| OPERATING INCOME | $37M |
| Interest Income | $1M |
| Interest Expense | $4M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $34M |
| 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 | $50M |
| EBIT | $38M |
| EBITDA | $88M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $999M |
| Cost of Revenue | $923M |
| GROSS PROFIT | $76M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $40M |
| SG&A Expenses | $40M |
| Other Expenses | -$498.0K |
| Operating Expenses | $39M |
| Cost & Expenses | $962M |
| OPERATING INCOME | $37M |
| Interest Income | $1M |
| Interest Expense | $4M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $34M |
| 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 | $50M |
| EBIT | $38M |
| EBITDA | $88M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $27M |
| Depreciation & Amortization | $50M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | -$498.0K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $81M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | $3M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | -$16M |
| Common Stock Repurchased | -$34M |
| Common Dividends Paid | -$8M |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | -$58M |
| FREE CASH FLOW | $63M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $195M |
| Short-Term Investments | $0 |
| Net Receivables | $594M |
| Inventory | $0 |
| Other Current Assets | $29M |
| TOTAL CURRENT ASSETS | $828M |
| PP&E (Net) | $989M |
| Goodwill | $735M |
| Intangible Assets | $296M |
| Long-Term Investments | $20M |
| Tax Assets | $0 |
| Other Non-Current Assets | $23M |
| TOTAL NON-CURRENT ASSETS | $2.1B |
| TOTAL ASSETS | $2.9B |
| Account Payables | $321M |
| Short-Term Debt | $104M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $145M |
| TOTAL CURRENT LIABILITIES | $649M |
| Long-Term Debt | $231M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $160M |
| Other Non-Current Liabilities | $53M |
| TOTAL NON-CURRENT LIABILITIES | $620M |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $729.0K |
| Additional Paid-In Capital | $209M |
| Retained Earnings | $2.0B |
| Treasury Stock | -$556M |
| Accum. Other Comp. Income | -$137.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $2.9B |
| Total Debt | $558M |
| Net Debt | $363M |
