| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.6B | $2.6B | $2.3B | -1.2% | 13.5% |
| Op. Income | $57M | $367M | $470M | -84.5% | -87.9% |
| Gross Margin | 52.9% | 54.3% | 67.9% | -1.4pp | -14.9pp |
| Net Margin | 2.5% | 11.4% | 17.1% | -9.0pp | -14.6pp |
| EPS (Diluted) | $0.03 | $0.29 | $0.38 | -88.9% | -91.6% |
| Free Cash Flow | $994M | $541M | $1.6B | 83.7% | -35.9% |
| Item | Amount |
|---|---|
| REVENUE | $2.6B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $31M |
| General & Administrative | $611M |
| SG&A Expenses | $642M |
| Other Expenses | $686M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $2.6B |
| OPERATING INCOME | $57M |
| Interest Income | $2.0B |
| Interest Expense | $1.1B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $57M |
| Income Tax Expense | -$8M |
| Net Income from Continuing Ops | $65M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $65M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $28M |
| EBIT | $57M |
| EBITDA | $85M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.6B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $31M |
| General & Administrative | $611M |
| SG&A Expenses | $642M |
| Other Expenses | $686M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $2.6B |
| OPERATING INCOME | $57M |
| Interest Income | $2.0B |
| Interest Expense | $1.1B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $57M |
| Income Tax Expense | -$8M |
| Net Income from Continuing Ops | $65M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $65M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $28M |
| EBIT | $57M |
| EBITDA | $85M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $65M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $31M |
| Deferred Income Tax | -$72M |
| Other Non-Cash Items | $802M |
| Change in Working Capital | $183M |
| OPERATING CASH FLOW | $1.0B |
| Capital Expenditure | -$43M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4.0B |
| Sales/Maturities of Investments | $1.7B |
| Other Investing Activities | $2.9B |
| NET CASH FROM INVESTING | $592M |
| Net Debt Issuance | -$2.5B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$228M |
| Other Financing Activities | $1.3B |
| NET CASH FROM FINANCING | -$1.5B |
| FREE CASH FLOW | $994M |
| Net Change in Cash | $175M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $941M |
| Short-Term Investments | $48.0B |
| Net Receivables | $3.5B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $52.4B |
| PP&E (Net) | $661M |
| Goodwill | $2.8B |
| Intangible Assets | $55M |
| Long-Term Investments | $118.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $14.1B |
| TOTAL NON-CURRENT ASSETS | $135.8B |
| TOTAL ASSETS | $188.3B |
| Account Payables | $0 |
| Short-Term Debt | $3.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $145.6B |
| TOTAL CURRENT LIABILITIES | $148.7B |
| Long-Term Debt | $19.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5.4B |
| TOTAL NON-CURRENT LIABILITIES | $25.0B |
| TOTAL LIABILITIES | $173.6B |
| Common Stock | $1.3B |
| Additional Paid-In Capital | $6.3B |
| Retained Earnings | $15.7B |
| Treasury Stock | -$5.8B |
| Accum. Other Comp. Income | -$5.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $14.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $14.6B |
| TOTAL LIABILITIES & EQUITY | $188.3B |
| Total Debt | $22.6B |
| Net Debt | $21.7B |
