| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.3B | $3.2B | $2.8B | 1.7% | 17.9% |
| Op. Income | $394M | $283M | $243M | 39.4% | 62.0% |
| Gross Margin | 26.7% | 24.3% | 21.7% | 2.4pp | 5.0pp |
| Net Margin | 7.9% | 2.6% | 4.4% | 5.3pp | 3.5pp |
| EPS (Diluted) | $0.80 | $0.00 | $0.40 | Infinity% | 100.0% |
| Free Cash Flow | $356M | $328M | $330M | 8.4% | 7.6% |
| Item | Amount |
|---|---|
| REVENUE | $3.3B |
| Cost of Revenue | $2.4B |
| GROSS PROFIT | $873M |
| R&D Expenses | $0 |
| Selling & Marketing | $158M |
| General & Administrative | $187M |
| SG&A Expenses | $346M |
| Other Expenses | $133M |
| Operating Expenses | $479M |
| Cost & Expenses | $2.9B |
| OPERATING INCOME | $394M |
| Interest Income | $31M |
| Interest Expense | $191M |
| Other Income/Expenses | -$119M |
| INCOME BEFORE TAX | $275M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $260M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $258M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $258M |
| D&A | $495M |
| EBIT | $394M |
| EBITDA | $890M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.3B |
| Cost of Revenue | $2.4B |
| GROSS PROFIT | $873M |
| R&D Expenses | $0 |
| Selling & Marketing | $158M |
| General & Administrative | $187M |
| SG&A Expenses | $346M |
| Other Expenses | $133M |
| Operating Expenses | $479M |
| Cost & Expenses | $2.9B |
| OPERATING INCOME | $394M |
| Interest Income | $31M |
| Interest Expense | $191M |
| Other Income/Expenses | -$119M |
| INCOME BEFORE TAX | $275M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $260M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $258M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $258M |
| D&A | $495M |
| EBIT | $394M |
| EBITDA | $890M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $258M |
| Depreciation & Amortization | $333M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$133M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $458M |
| Capital Expenditure | -$102M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $72M |
| NET CASH FROM INVESTING | -$31M |
| Net Debt Issuance | -$137M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$129M |
| NET CASH FROM FINANCING | -$266M |
| FREE CASH FLOW | $356M |
| Net Change in Cash | $137M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.9B |
| Short-Term Investments | $102M |
| Net Receivables | $1.6B |
| Inventory | $585M |
| Other Current Assets | $150M |
| TOTAL CURRENT ASSETS | $4.3B |
| PP&E (Net) | $9.2B |
| Goodwill | $0 |
| Intangible Assets | $1.1B |
| Long-Term Investments | $25M |
| Tax Assets | $4M |
| Other Non-Current Assets | $188M |
| TOTAL NON-CURRENT ASSETS | $10.6B |
| TOTAL ASSETS | $14.9B |
| Account Payables | $862M |
| Short-Term Debt | $230M |
| Deferred Revenue | $2.9B |
| Other Current Liabilities | $29M |
| TOTAL CURRENT LIABILITIES | $5.7B |
| Long-Term Debt | $2.8B |
| Deferred Revenue NC | $298M |
| Deferred Tax Liabilities | $372M |
| Other Non-Current Liabilities | $1.6B |
| TOTAL NON-CURRENT LIABILITIES | $8.6B |
| TOTAL LIABILITIES | $14.3B |
| Common Stock | $5.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $645M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$5.1B |
| Other Equity | $39.0K |
| TOTAL STOCKHOLDERS' EQUITY | $599M |
| Minority Interest | -$11M |
| TOTAL EQUITY | $588M |
| TOTAL LIABILITIES & EQUITY | $14.9B |
| Total Debt | $7.2B |
| Net Debt | $5.3B |
