| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $819M | $532M | $716M | 54.0% | 14.3% |
| Op. Income | $72M | -$5M | $73M | 1580.3% | -1.7% |
| Gross Margin | 28.4% | 31.4% | 33.7% | -3.1pp | -5.4pp |
| Net Margin | 7.8% | 1.3% | 5.9% | 6.4pp | 1.8pp |
| EPS (Diluted) | $0.65 | $0.06 | $0.44 | 903.1% | 47.7% |
| Free Cash Flow | $333M | $26M | $290M | 1181.3% | 14.8% |
| Item | Amount |
|---|---|
| REVENUE | $819M |
| Cost of Revenue | $587M |
| GROSS PROFIT | $232M |
| R&D Expenses | $0 |
| Selling & Marketing | $27M |
| General & Administrative | $57M |
| SG&A Expenses | $84M |
| Other Expenses | $76M |
| Operating Expenses | $160M |
| Cost & Expenses | $747M |
| OPERATING INCOME | $72M |
| Interest Income | $7M |
| Interest Expense | $20M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $72M |
| Income Tax Expense | $403.0K |
| Net Income from Continuing Ops | $71M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $64M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $62M |
| D&A | $11M |
| EBIT | $92M |
| EBITDA | $102M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $819M |
| Cost of Revenue | $587M |
| GROSS PROFIT | $232M |
| R&D Expenses | $0 |
| Selling & Marketing | $27M |
| General & Administrative | $57M |
| SG&A Expenses | $84M |
| Other Expenses | $76M |
| Operating Expenses | $160M |
| Cost & Expenses | $747M |
| OPERATING INCOME | $72M |
| Interest Income | $7M |
| Interest Expense | $20M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $72M |
| Income Tax Expense | $403.0K |
| Net Income from Continuing Ops | $71M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $64M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $62M |
| D&A | $11M |
| EBIT | $92M |
| EBITDA | $102M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $71M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $41M |
| Deferred Income Tax | $60M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $151M |
| OPERATING CASH FLOW | $342M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $138.0K |
| Purchases of Investments | -$138.0K |
| Sales/Maturities of Investments | $829.0K |
| Other Investing Activities | -$691.0K |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$44M |
| Other Financing Activities | -$107M |
| NET CASH FROM FINANCING | -$150M |
| FREE CASH FLOW | $333M |
| Net Change in Cash | $218M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $971M |
| Short-Term Investments | $220M |
| Net Receivables | $832M |
| Inventory | $0 |
| Other Current Assets | $34M |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $640M |
| Goodwill | $395M |
| Intangible Assets | $30.0K |
| Long-Term Investments | $640M |
| Tax Assets | $497M |
| Other Non-Current Assets | $173M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $4.6B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $140M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.0B |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $854M |
| TOTAL NON-CURRENT LIABILITIES | $3.0B |
| TOTAL LIABILITIES | $4.1B |
| Common Stock | $1M |
| Additional Paid-In Capital | $247M |
| Retained Earnings | $1.4B |
| Treasury Stock | -$937M |
| Accum. Other Comp. Income | -$290M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $424M |
| Minority Interest | $146M |
| TOTAL EQUITY | $570M |
| TOTAL LIABILITIES & EQUITY | $4.6B |
| Total Debt | $2.2B |
| Net Debt | $1.2B |
