| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.6B | $1.5B | 1.9% | 6.1% |
| Op. Income | $22M | $59M | $51M | -62.3% | -56.2% |
| Gross Margin | 14.1% | 16.6% | 16.2% | -2.6pp | -2.1pp |
| Net Margin | 1.2% | 2.9% | 2.6% | -1.7pp | -1.3pp |
| EPS (Diluted) | $0.52 | $1.16 | $0.99 | -55.2% | -47.5% |
| Free Cash Flow | $41M | $202M | $212M | -79.9% | -80.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $222M |
| R&D Expenses | $14M |
| Selling & Marketing | $21M |
| General & Administrative | $168M |
| SG&A Expenses | $189M |
| Other Expenses | -$3M |
| Operating Expenses | $200M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $22M |
| Interest Income | $9M |
| Interest Expense | $7M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $11M |
| EBIT | $31M |
| EBITDA | $42M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $222M |
| R&D Expenses | $14M |
| Selling & Marketing | $21M |
| General & Administrative | $168M |
| SG&A Expenses | $189M |
| Other Expenses | -$3M |
| Operating Expenses | $200M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $22M |
| Interest Income | $9M |
| Interest Expense | $7M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $11M |
| EBIT | $31M |
| EBITDA | $42M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$10M |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $27M |
| OPERATING CASH FLOW | $58M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$8M |
| Sales/Maturities of Investments | $7M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$46.0K |
| Common Dividends Paid | -$21M |
| Other Financing Activities | $61M |
| NET CASH FROM FINANCING | $40M |
| FREE CASH FLOW | $41M |
| Net Change in Cash | $79M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $693M |
| Short-Term Investments | $16M |
| Net Receivables | $694M |
| Inventory | $0 |
| Other Current Assets | $185M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $254M |
| Goodwill | $0 |
| Intangible Assets | $13M |
| Long-Term Investments | $0 |
| Tax Assets | $20M |
| Other Non-Current Assets | $238M |
| TOTAL NON-CURRENT ASSETS | $525M |
| TOTAL ASSETS | $2.1B |
| Account Payables | $11M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $60M |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $369M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $163M |
| TOTAL NON-CURRENT LIABILITIES | $590M |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $1M |
| Additional Paid-In Capital | $185M |
| Retained Earnings | $739M |
| Treasury Stock | -$831M |
| Accum. Other Comp. Income | $9.0K |
| Other Equity | -$9.0K |
| TOTAL STOCKHOLDERS' EQUITY | $94M |
| Minority Interest | $0 |
| TOTAL EQUITY | $94M |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $427M |
| Net Debt | -$266M |
