| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.2B | $3.0B | — | 4.7% | — |
| Op. Income | $321M | -$123M | — | 361.6% | — |
| Gross Margin | 28.2% | 27.1% | — | 1.2pp | — |
| Net Margin | 7.2% | -5.5% | — | 12.7pp | — |
| EPS (Diluted) | $2.69 | $-1.97 | — | 236.5% | — |
| Free Cash Flow | -$164M | $412M | — | -139.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $3.2B |
| Cost of Revenue | $2.3B |
| GROSS PROFIT | $897M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $508M |
| Other Expenses | $68M |
| Operating Expenses | $576M |
| Cost & Expenses | $2.9B |
| OPERATING INCOME | $321M |
| Interest Income | $0 |
| Interest Expense | $47M |
| Other Income/Expenses | -$24M |
| INCOME BEFORE TAX | $297M |
| Income Tax Expense | $69M |
| Net Income from Continuing Ops | $228M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $228M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $228M |
| D&A | $155M |
| EBIT | $344M |
| EBITDA | $499M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $3.2B |
| Cost of Revenue | $2.3B |
| GROSS PROFIT | $897M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $508M |
| Other Expenses | $68M |
| Operating Expenses | $576M |
| Cost & Expenses | $2.9B |
| OPERATING INCOME | $321M |
| Interest Income | $0 |
| Interest Expense | $47M |
| Other Income/Expenses | -$24M |
| INCOME BEFORE TAX | $297M |
| Income Tax Expense | $69M |
| Net Income from Continuing Ops | $228M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $228M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $228M |
| D&A | $155M |
| EBIT | $344M |
| EBITDA | $499M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $228M |
| Depreciation & Amortization | $155M |
| Stock-Based Compensation | $32M |
| Deferred Income Tax | -$20M |
| Other Non-Cash Items | $44M |
| Change in Working Capital | -$468M |
| OPERATING CASH FLOW | -$30M |
| Capital Expenditure | -$134M |
| Acquisitions (Net) | -$246M |
| Purchases of Investments | -$14M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$393M |
| Net Debt Issuance | $42M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$62M |
| Other Financing Activities | -$19M |
| NET CASH FROM FINANCING | -$12M |
| FREE CASH FLOW | -$164M |
| Net Change in Cash | -$438M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $99M |
| Short-Term Investments | $0 |
| Net Receivables | $2.2B |
| Inventory | $475M |
| Other Current Assets | $678M |
| TOTAL CURRENT ASSETS | $3.5B |
| PP&E (Net) | $2.9B |
| Goodwill | $6.2B |
| Intangible Assets | $3.4B |
| Long-Term Investments | $18M |
| Tax Assets | $0 |
| Other Non-Current Assets | $546M |
| TOTAL NON-CURRENT ASSETS | $13.1B |
| TOTAL ASSETS | $16.5B |
| Account Payables | $696M |
| Short-Term Debt | $2.0B |
| Deferred Revenue | $378M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3.9B |
| Long-Term Debt | $3.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $397M |
| Other Non-Current Liabilities | $468M |
| TOTAL NON-CURRENT LIABILITIES | $4.6B |
| TOTAL LIABILITIES | $8.6B |
| Common Stock | $8M |
| Additional Paid-In Capital | $82M |
| Retained Earnings | $8.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$185M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.0B |
| Minority Interest | $15M |
| TOTAL EQUITY | $8.0B |
| TOTAL LIABILITIES & EQUITY | $16.5B |
| Total Debt | $6.0B |
| Net Debt | $5.9B |
