| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.9B | $3.3B | $3.2B | -10.9% | -8.8% |
| Op. Income | $194M | $203M | $277M | -4.4% | -30.0% |
| Gross Margin | 16.9% | 16.9% | 17.5% | 0.1pp | -0.6pp |
| Net Margin | 4.3% | 4.6% | 6.1% | -0.3pp | -1.8pp |
| EPS (Diluted) | $1.22 | $1.47 | $1.89 | -17.0% | -35.4% |
| Free Cash Flow | $263M | -$89M | $26M | 396.1% | 900.0% |
| Item | Amount |
|---|---|
| REVENUE | $2.9B |
| Cost of Revenue | $2.4B |
| GROSS PROFIT | $499M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $164M |
| SG&A Expenses | $164M |
| Other Expenses | $141M |
| Operating Expenses | $304M |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | $194M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $179M |
| Income Tax Expense | $51M |
| Net Income from Continuing Ops | $127M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $127M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $127M |
| D&A | $183M |
| EBIT | $194M |
| EBITDA | $377M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.9B |
| Cost of Revenue | $2.4B |
| GROSS PROFIT | $499M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $164M |
| SG&A Expenses | $164M |
| Other Expenses | $141M |
| Operating Expenses | $304M |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | $194M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $179M |
| Income Tax Expense | $51M |
| Net Income from Continuing Ops | $127M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $127M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $127M |
| D&A | $183M |
| EBIT | $194M |
| EBITDA | $377M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $127M |
| Depreciation & Amortization | $183M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | $17M |
| Other Non-Cash Items | $34M |
| Change in Working Capital | $87M |
| OPERATING CASH FLOW | $466M |
| Capital Expenditure | -$203M |
| Acquisitions (Net) | $41M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$162M |
| Net Debt Issuance | -$210M |
| Common Stock Repurchased | -$39M |
| Common Dividends Paid | -$44M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$293M |
| FREE CASH FLOW | $263M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $64M |
| Short-Term Investments | $0 |
| Net Receivables | $1.3B |
| Inventory | $0 |
| Other Current Assets | $613M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $5.8B |
| Goodwill | $0 |
| Intangible Assets | $262M |
| Long-Term Investments | $32.5K |
| Tax Assets | $953M |
| Other Non-Current Assets | -$532M |
| TOTAL NON-CURRENT ASSETS | $6.5B |
| TOTAL ASSETS | $8.4B |
| Account Payables | $732M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $953M |
| Other Non-Current Liabilities | $398M |
| TOTAL NON-CURRENT LIABILITIES | $2.7B |
| TOTAL LIABILITIES | $4.3B |
| Common Stock | $2M |
| Additional Paid-In Capital | $558M |
| Retained Earnings | $7.1B |
| Treasury Stock | -$3.5B |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.2B |
| TOTAL LIABILITIES & EQUITY | $8.4B |
| Total Debt | $1.4B |
| Net Debt | $1.3B |
