| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $544M | $561M | $432M | -3.1% | 26.0% |
| Op. Income | $109M | $112M | $84M | -2.9% | 29.1% |
| Gross Margin | 43.4% | 43.1% | 39.3% | 0.3pp | 4.1pp |
| Net Margin | 15.6% | 16.6% | 15.8% | -0.9pp | -0.1pp |
| EPS (Diluted) | $0.27 | $0.30 | $0.19 | -7.8% | 43.5% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $544M |
| Cost of Revenue | $308M |
| GROSS PROFIT | $236M |
| R&D Expenses | $0 |
| Selling & Marketing | $102M |
| General & Administrative | $28M |
| SG&A Expenses | $130M |
| Other Expenses | -$2M |
| Operating Expenses | $128M |
| Cost & Expenses | $435M |
| OPERATING INCOME | $109M |
| Interest Income | $6M |
| Interest Expense | $2M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $112M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $86M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $85M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $85M |
| D&A | $0 |
| EBIT | $115M |
| EBITDA | $115M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $544M |
| Cost of Revenue | $308M |
| GROSS PROFIT | $236M |
| R&D Expenses | $0 |
| Selling & Marketing | $102M |
| General & Administrative | $28M |
| SG&A Expenses | $130M |
| Other Expenses | -$2M |
| Operating Expenses | $128M |
| Cost & Expenses | $435M |
| OPERATING INCOME | $109M |
| Interest Income | $6M |
| Interest Expense | $2M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $112M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $86M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $85M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $85M |
| D&A | $0 |
| EBIT | $115M |
| EBITDA | $115M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $85M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$90M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $985M |
| Short-Term Investments | $77M |
| Net Receivables | $210M |
| Inventory | $274M |
| Other Current Assets | $378.0K |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $556M |
| Goodwill | $3M |
| Intangible Assets | $2M |
| Long-Term Investments | $33M |
| Tax Assets | $15M |
| Other Non-Current Assets | $24M |
| TOTAL NON-CURRENT ASSETS | $632M |
| TOTAL ASSETS | $2.2B |
| Account Payables | $468M |
| Short-Term Debt | $104.0K |
| Deferred Revenue | $45M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $708M |
| Long-Term Debt | $936.7K |
| Deferred Revenue NC | $12M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $141M |
| TOTAL LIABILITIES | $849M |
| Common Stock | $13.9K |
| Additional Paid-In Capital | $831M |
| Retained Earnings | $337M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $158M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $4M |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $191M |
| Net Debt | -$794M |
