| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $539M | $516M | $475M | 4.5% | 13.4% |
| Op. Income | $94M | $70M | $36M | 34.9% | 165.9% |
| Gross Margin | 61.9% | 60.6% | 58.9% | 1.2pp | 2.9pp |
| Net Margin | 13.6% | 7.6% | 0.7% | 6.1pp | 12.9pp |
| EPS (Diluted) | $1.71 | $0.91 | $0.08 | 87.9% | 2037.5% |
| Free Cash Flow | $108M | $101M | $67M | 6.3% | 59.9% |
| Item | Amount |
|---|---|
| REVENUE | $539M |
| Cost of Revenue | $205M |
| GROSS PROFIT | $333M |
| R&D Expenses | $0 |
| Selling & Marketing | $100M |
| General & Administrative | $92M |
| SG&A Expenses | $192M |
| Other Expenses | $47M |
| Operating Expenses | $239M |
| Cost & Expenses | $444M |
| OPERATING INCOME | $94M |
| Interest Income | $3M |
| Interest Expense | $15M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $88M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $74M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $74M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $74M |
| D&A | $47M |
| EBIT | $105M |
| EBITDA | $151M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $539M |
| Cost of Revenue | $205M |
| GROSS PROFIT | $333M |
| R&D Expenses | $0 |
| Selling & Marketing | $100M |
| General & Administrative | $92M |
| SG&A Expenses | $192M |
| Other Expenses | $47M |
| Operating Expenses | $239M |
| Cost & Expenses | $444M |
| OPERATING INCOME | $94M |
| Interest Income | $3M |
| Interest Expense | $15M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $88M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $74M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $74M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $74M |
| D&A | $47M |
| EBIT | $105M |
| EBITDA | $151M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $74M |
| Depreciation & Amortization | $47M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$22M |
| Other Non-Cash Items | -$8M |
| Change in Working Capital | $36M |
| OPERATING CASH FLOW | $138M |
| Capital Expenditure | -$30M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | -$7M |
| Sales/Maturities of Investments | $7M |
| Other Investing Activities | $200.0K |
| NET CASH FROM INVESTING | -$33M |
| Net Debt Issuance | -$83M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$16M |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$103M |
| FREE CASH FLOW | $108M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $338M |
| Short-Term Investments | $51M |
| Net Receivables | $345M |
| Inventory | $0 |
| Other Current Assets | $47M |
| TOTAL CURRENT ASSETS | $816M |
| PP&E (Net) | $372M |
| Goodwill | $1.6B |
| Intangible Assets | $484M |
| Long-Term Investments | $100M |
| Tax Assets | $15M |
| Other Non-Current Assets | $38M |
| TOTAL NON-CURRENT ASSETS | $2.6B |
| TOTAL ASSETS | $3.4B |
| Account Payables | $78M |
| Short-Term Debt | $32M |
| Deferred Revenue | $518M |
| Other Current Liabilities | $216M |
| TOTAL CURRENT LIABILITIES | $881M |
| Long-Term Debt | $940M |
| Deferred Revenue NC | $26M |
| Deferred Tax Liabilities | $36M |
| Other Non-Current Liabilities | $41M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $0 |
| Additional Paid-In Capital | $789M |
| Retained Earnings | $1.6B |
| Treasury Stock | -$986M |
| Accum. Other Comp. Income | -$87M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $1.2B |
| Net Debt | $822M |
