| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $565M | $570M | $584M | -0.9% | -3.3% |
| Op. Income | $4M | $5M | $3M | -26.1% | 40.0% |
| Gross Margin | 34.6% | 35.4% | 35.1% | -0.8pp | -0.5pp |
| Net Margin | 8.0% | 8.0% | 4.8% | -0.0pp | 3.2pp |
| EPS (Diluted) | $0.67 | $0.68 | $0.31 | -1.5% | 116.1% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $565M |
| Cost of Revenue | $369M |
| GROSS PROFIT | $195M |
| R&D Expenses | $69M |
| Selling & Marketing | $95M |
| General & Administrative | $32M |
| SG&A Expenses | $126M |
| Other Expenses | $0 |
| Operating Expenses | $195M |
| Cost & Expenses | $561M |
| OPERATING INCOME | $4M |
| Interest Income | $49M |
| Interest Expense | $2M |
| Other Income/Expenses | $49M |
| INCOME BEFORE TAX | $52M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $48M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$7M |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $15M |
| EBIT | $54M |
| EBITDA | $69M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $565M |
| Cost of Revenue | $369M |
| GROSS PROFIT | $195M |
| R&D Expenses | $69M |
| Selling & Marketing | $95M |
| General & Administrative | $32M |
| SG&A Expenses | $126M |
| Other Expenses | $0 |
| Operating Expenses | $195M |
| Cost & Expenses | $561M |
| OPERATING INCOME | $4M |
| Interest Income | $49M |
| Interest Expense | $2M |
| Other Income/Expenses | $49M |
| INCOME BEFORE TAX | $52M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $48M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$7M |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $15M |
| EBIT | $54M |
| EBITDA | $69M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $45M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$51M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $2.4B |
| Net Receivables | $127M |
| Inventory | $0 |
| Other Current Assets | $265M |
| TOTAL CURRENT ASSETS | $4.0B |
| PP&E (Net) | $443M |
| Goodwill | $2.6B |
| Intangible Assets | $632M |
| Long-Term Investments | $556M |
| Tax Assets | $318M |
| Other Non-Current Assets | -$12M |
| TOTAL NON-CURRENT ASSETS | $4.6B |
| TOTAL ASSETS | $8.6B |
| Account Payables | $66M |
| Short-Term Debt | $484M |
| Deferred Revenue | $81M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $3.1B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $14M |
| Deferred Tax Liabilities | $50M |
| Other Non-Current Liabilities | $23M |
| TOTAL NON-CURRENT LIABILITIES | $103M |
| TOTAL LIABILITIES | $3.2B |
| Common Stock | $12.0K |
| Additional Paid-In Capital | $3.3B |
| Retained Earnings | $3.0B |
| Treasury Stock | -$7.0B |
| Accum. Other Comp. Income | -$159M |
| Other Equity | $6.0B |
| TOTAL STOCKHOLDERS' EQUITY | $5.2B |
| Minority Interest | $159M |
| TOTAL EQUITY | $5.4B |
| TOTAL LIABILITIES & EQUITY | $8.6B |
| Total Debt | $512M |
| Net Debt | -$590M |
