| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.6B | $4.7B | $4.8B | -1.0% | -3.7% |
| Op. Income | $135M | $70M | $101M | 93.8% | 34.2% |
| Gross Margin | 17.5% | 17.6% | 18.2% | -0.1pp | -0.7pp |
| Net Margin | -1.8% | 0.6% | 1.0% | -2.5pp | -2.8pp |
| EPS (Diluted) | $-1.74 | $0.60 | $0.95 | -390.0% | -283.2% |
| Free Cash Flow | $91M | $245M | $114M | -63.1% | -20.8% |
| Item | Amount |
|---|---|
| REVENUE | $4.6B |
| Cost of Revenue | $3.8B |
| GROSS PROFIT | $811M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $675M |
| Other Expenses | $0 |
| Operating Expenses | $675M |
| Cost & Expenses | $4.5B |
| OPERATING INCOME | $135M |
| Interest Income | $10M |
| Interest Expense | $20M |
| Other Income/Expenses | -$190M |
| INCOME BEFORE TAX | -$55M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | -$85M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$85M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$85M |
| D&A | $24M |
| EBIT | -$35M |
| EBITDA | -$11M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$85M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$33M |
| Other Non-Cash Items | $57M |
| Change in Working Capital | $141M |
| OPERATING CASH FLOW | $114M |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$22M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$50M |
| Common Dividends Paid | -$71M |
| Other Financing Activities | $500.0K |
| NET CASH FROM FINANCING | -$123M |
| FREE CASH FLOW | $91M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $581M |
| Short-Term Investments | $0 |
| Net Receivables | $4.8B |
| Inventory | $0 |
| Other Current Assets | $161M |
| TOTAL CURRENT ASSETS | $5.6B |
| PP&E (Net) | $544M |
| Goodwill | $1.6B |
| Intangible Assets | $520M |
| Long-Term Investments | $102M |
| Tax Assets | $45M |
| Other Non-Current Assets | $461M |
| TOTAL NON-CURRENT ASSETS | $3.3B |
| TOTAL ASSETS | $8.8B |
| Account Payables | $2.7B |
| Short-Term Debt | $12M |
| Deferred Revenue | $32M |
| Other Current Liabilities | $76M |
| TOTAL CURRENT LIABILITIES | $4.8B |
| Long-Term Debt | $991M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $483M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $6.6B |
| Common Stock | $1M |
| Additional Paid-In Capital | $3.5B |
| Retained Earnings | $3.8B |
| Treasury Stock | -$4.6B |
| Accum. Other Comp. Income | -$466M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $11M |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $8.8B |
| Total Debt | $1.4B |
| Net Debt | $845M |
