| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.4B | — | 4.4% | — |
| Op. Income | $213M | -$1.1B | — | 119.8% | — |
| Gross Margin | 33.8% | 34.3% | — | -0.5pp | — |
| Net Margin | 13.6% | -48.3% | — | 61.9pp | — |
| EPS (Diluted) | $0.31 | $-1.64 | — | 118.9% | — |
| Free Cash Flow | -$75M | $674M | — | -111.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $977M |
| GROSS PROFIT | $499M |
| R&D Expenses | $0 |
| Selling & Marketing | $18M |
| General & Administrative | $139M |
| SG&A Expenses | $157M |
| Other Expenses | $129M |
| Operating Expenses | $286M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $213M |
| Interest Income | $12M |
| Interest Expense | $16M |
| Other Income/Expenses | $70M |
| INCOME BEFORE TAX | $283M |
| Income Tax Expense | $69M |
| Net Income from Continuing Ops | $214M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $201M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $142M |
| D&A | $45M |
| EBIT | $299M |
| EBITDA | $344M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $977M |
| GROSS PROFIT | $499M |
| R&D Expenses | $0 |
| Selling & Marketing | $18M |
| General & Administrative | $139M |
| SG&A Expenses | $157M |
| Other Expenses | $129M |
| Operating Expenses | $286M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $213M |
| Interest Income | $12M |
| Interest Expense | $16M |
| Other Income/Expenses | $70M |
| INCOME BEFORE TAX | $283M |
| Income Tax Expense | $69M |
| Net Income from Continuing Ops | $214M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $201M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $142M |
| D&A | $45M |
| EBIT | $299M |
| EBITDA | $344M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $201M |
| Depreciation & Amortization | $45M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$324M |
| OPERATING CASH FLOW | -$54M |
| Capital Expenditure | -$21M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$511M |
| Sales/Maturities of Investments | $238M |
| Other Investing Activities | $7M |
| NET CASH FROM INVESTING | -$287M |
| Net Debt Issuance | -$34M |
| Common Stock Repurchased | -$20M |
| Common Dividends Paid | -$90M |
| Other Financing Activities | $56M |
| NET CASH FROM FINANCING | -$148M |
| FREE CASH FLOW | -$75M |
| Net Change in Cash | -$506M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $0 |
| Net Receivables | $708M |
| Inventory | $0 |
| Other Current Assets | $217M |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $584M |
| Goodwill | $8.6B |
| Intangible Assets | $5.8B |
| Long-Term Investments | $9.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.3B |
| TOTAL NON-CURRENT ASSETS | $25.7B |
| TOTAL ASSETS | $28.1B |
| Account Payables | $1.3B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $8.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.4B |
| Other Non-Current Liabilities | $459M |
| TOTAL NON-CURRENT LIABILITIES | $10.5B |
| TOTAL LIABILITIES | $12.2B |
| Common Stock | $113M |
| Additional Paid-In Capital | $7.3B |
| Retained Earnings | $6.9B |
| Treasury Stock | -$2.9B |
| Accum. Other Comp. Income | -$897M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $14.6B |
| Minority Interest | $1.3B |
| TOTAL EQUITY | $15.9B |
| TOTAL LIABILITIES & EQUITY | $28.1B |
| Total Debt | $8.6B |
| Net Debt | $7.2B |
