| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $637M | $643M | $610M | -0.9% | 4.4% |
| Op. Income | $117M | $129M | $122M | -9.5% | -4.4% |
| Gross Margin | 22.4% | 25.2% | 25.0% | -2.8pp | -2.5pp |
| Net Margin | 15.0% | 23.3% | 17.7% | -8.3pp | -2.7pp |
| EPS (Diluted) | $0.66 | $1.03 | $0.74 | -35.9% | -10.8% |
| Free Cash Flow | -$38M | $146M | -$126M | -126.0% | 69.9% |
| Item | Amount |
|---|---|
| REVENUE | $637M |
| Cost of Revenue | $494M |
| GROSS PROFIT | $143M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $26M |
| SG&A Expenses | $26M |
| Other Expenses | $0 |
| Operating Expenses | $26M |
| Cost & Expenses | $520M |
| OPERATING INCOME | $117M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$32M |
| INCOME BEFORE TAX | $85M |
| Income Tax Expense | -$10M |
| Net Income from Continuing Ops | $95M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $95M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $95M |
| D&A | $87M |
| EBIT | $117M |
| EBITDA | $204M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $637M |
| Cost of Revenue | $494M |
| GROSS PROFIT | $143M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $26M |
| SG&A Expenses | $26M |
| Other Expenses | $0 |
| Operating Expenses | $26M |
| Cost & Expenses | $520M |
| OPERATING INCOME | $117M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$32M |
| INCOME BEFORE TAX | $85M |
| Income Tax Expense | -$10M |
| Net Income from Continuing Ops | $95M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $95M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $95M |
| D&A | $87M |
| EBIT | $117M |
| EBITDA | $204M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $95M |
| Depreciation & Amortization | $66M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$37M |
| OPERATING CASH FLOW | $129M |
| Capital Expenditure | -$167M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$167M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$59M |
| Other Financing Activities | -$53M |
| NET CASH FROM FINANCING | -$113M |
| FREE CASH FLOW | -$38M |
| Net Change in Cash | -$151M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $217M |
| Short-Term Investments | $0 |
| Net Receivables | $590M |
| Inventory | $0 |
| Other Current Assets | $164M |
| TOTAL CURRENT ASSETS | $971M |
| PP&E (Net) | $4.2B |
| Goodwill | $0 |
| Intangible Assets | $7M |
| Long-Term Investments | $169.0K |
| Tax Assets | $10M |
| Other Non-Current Assets | $292M |
| TOTAL NON-CURRENT ASSETS | $4.5B |
| TOTAL ASSETS | $5.4B |
| Account Payables | $366M |
| Short-Term Debt | $0 |
| Deferred Revenue | $24M |
| Other Current Liabilities | $62M |
| TOTAL CURRENT LIABILITIES | $603M |
| Long-Term Debt | $587M |
| Deferred Revenue NC | $28M |
| Deferred Tax Liabilities | $10M |
| Other Non-Current Liabilities | $295M |
| TOTAL NON-CURRENT LIABILITIES | $920M |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $3.3B |
| Retained Earnings | $579M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.9B |
| TOTAL LIABILITIES & EQUITY | $5.4B |
| Total Debt | $587M |
| Net Debt | $370M |
