| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.4B | $1.1B | -7.3% | 15.1% |
| Op. Income | $89M | $238M | -$62M | -62.5% | 243.7% |
| Gross Margin | 13.7% | 23.1% | 1.1% | -9.5pp | 12.5pp |
| Net Margin | 5.8% | 13.9% | -4.1% | -8.2pp | 9.9pp |
| EPS (Diluted) | $1.33 | $3.46 | $-0.82 | -61.6% | 262.2% |
| Free Cash Flow | $182M | $216M | $9M | -15.4% | 1822.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $174M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $85M |
| Operating Expenses | $85M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $89M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $89M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $73M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $73M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $73M |
| D&A | $17M |
| EBIT | $97M |
| EBITDA | $114M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $174M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $85M |
| Operating Expenses | $85M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $89M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $89M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $73M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $73M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $73M |
| D&A | $17M |
| EBIT | $97M |
| EBITDA | $114M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $73M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $115M |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | $193M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$819M |
| Sales/Maturities of Investments | $620M |
| Other Investing Activities | $15M |
| NET CASH FROM INVESTING | -$195M |
| Net Debt Issuance | -$985.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$18M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$19M |
| FREE CASH FLOW | $182M |
| Net Change in Cash | -$21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $530M |
| Short-Term Investments | $162M |
| Net Receivables | $737M |
| Inventory | $0 |
| Other Current Assets | -$1.4B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $167M |
| Goodwill | $43M |
| Intangible Assets | $8M |
| Long-Term Investments | $5.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$5.7B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $7.4B |
| Account Payables | $178M |
| Short-Term Debt | $200M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$385M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $374M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$388M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $5.8B |
| Common Stock | $99M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $7.4B |
| Total Debt | $588M |
| Net Debt | $58M |
