| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $245M | $250M | $246M | -2.0% | -0.4% |
| Op. Income | $28M | $13M | $16M | 115.4% | 75.0% |
| Gross Margin | 74.7% | 74.0% | 74.8% | 0.7pp | -0.1pp |
| Net Margin | 98.4% | 82.0% | 28.0% | 16.4pp | 70.3pp |
| EPS (Diluted) | $1.69 | $1.42 | $0.47 | 19.0% | 259.6% |
| Free Cash Flow | -$9M | -$11M | -$13M | 18.2% | 30.8% |
| Item | Amount |
|---|---|
| REVENUE | $245M |
| Cost of Revenue | $62M |
| GROSS PROFIT | $183M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $105M |
| Other Expenses | $50M |
| Operating Expenses | $155M |
| Cost & Expenses | $217M |
| OPERATING INCOME | $28M |
| Interest Income | $0 |
| Interest Expense | $51M |
| Other Income/Expenses | $281M |
| INCOME BEFORE TAX | $309M |
| Income Tax Expense | $68M |
| Net Income from Continuing Ops | $241M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $241M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $241M |
| D&A | $50M |
| EBIT | $28M |
| EBITDA | $78M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $245M |
| Cost of Revenue | $62M |
| GROSS PROFIT | $183M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $105M |
| Other Expenses | $50M |
| Operating Expenses | $155M |
| Cost & Expenses | $217M |
| OPERATING INCOME | $28M |
| Interest Income | $0 |
| Interest Expense | $51M |
| Other Income/Expenses | $281M |
| INCOME BEFORE TAX | $309M |
| Income Tax Expense | $68M |
| Net Income from Continuing Ops | $241M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $241M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $241M |
| D&A | $50M |
| EBIT | $28M |
| EBITDA | $78M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $241M |
| Depreciation & Amortization | $50M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $44M |
| Other Non-Cash Items | -$329M |
| Change in Working Capital | $39M |
| OPERATING CASH FLOW | $52M |
| Capital Expenditure | -$61M |
| Acquisitions (Net) | $81M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | $18M |
| Net Debt Issuance | -$42M |
| Common Stock Repurchased | -$89M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$132M |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | -$62M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $108M |
| Short-Term Investments | $0 |
| Net Receivables | $186M |
| Inventory | $0 |
| Other Current Assets | $56M |
| TOTAL CURRENT ASSETS | $350M |
| PP&E (Net) | $1.1B |
| Goodwill | $755M |
| Intangible Assets | $1.0B |
| Long-Term Investments | $12.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $237M |
| TOTAL NON-CURRENT ASSETS | $15.4B |
| TOTAL ASSETS | $15.7B |
| Account Payables | $94M |
| Short-Term Debt | $3M |
| Deferred Revenue | $29M |
| Other Current Liabilities | $67M |
| TOTAL CURRENT LIABILITIES | $193M |
| Long-Term Debt | $3.6B |
| Deferred Revenue NC | $77M |
| Deferred Tax Liabilities | $2.3B |
| Other Non-Current Liabilities | $340M |
| TOTAL NON-CURRENT LIABILITIES | $6.4B |
| TOTAL LIABILITIES | $6.6B |
| Common Stock | $1M |
| Additional Paid-In Capital | $3.0B |
| Retained Earnings | $6.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $35M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.1B |
| Minority Interest | $20M |
| TOTAL EQUITY | $9.2B |
| TOTAL LIABILITIES & EQUITY | $15.7B |
| Total Debt | $3.7B |
| Net Debt | $3.6B |
