| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.6B | $792M | -4.7% | 90.7% |
| Op. Income | $87M | $125M | $126M | -30.1% | -30.9% |
| Gross Margin | 10.5% | 11.8% | 19.1% | -1.3pp | -8.6pp |
| Net Margin | 3.4% | 3.9% | 12.6% | -0.5pp | -9.2pp |
| EPS (Diluted) | $0.13 | $0.15 | $0.46 | -13.3% | -71.7% |
| Free Cash Flow | $139M | $247M | $117M | -43.8% | 19.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $158M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $65M |
| Other Expenses | $6M |
| Operating Expenses | $71M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $87M |
| Interest Income | $2M |
| Interest Expense | $18M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $72M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $275M |
| EBIT | $90M |
| EBITDA | $365M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $158M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $65M |
| Other Expenses | $6M |
| Operating Expenses | $71M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $87M |
| Interest Income | $2M |
| Interest Expense | $18M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $72M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $275M |
| EBIT | $90M |
| EBITDA | $365M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $52M |
| Depreciation & Amortization | $275M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $20M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $366M |
| Capital Expenditure | -$227M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$544.0K |
| NET CASH FROM INVESTING | -$227M |
| Net Debt Issuance | -$27M |
| Common Stock Repurchased | -$98M |
| Common Dividends Paid | -$33M |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$162M |
| FREE CASH FLOW | $139M |
| Net Change in Cash | -$22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $170M |
| Short-Term Investments | $0 |
| Net Receivables | $929M |
| Inventory | $183M |
| Other Current Assets | $39M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $3.4B |
| Goodwill | $1.4B |
| Intangible Assets | $1.0B |
| Long-Term Investments | $0 |
| Tax Assets | $5M |
| Other Non-Current Assets | $19M |
| TOTAL NON-CURRENT ASSETS | $5.9B |
| TOTAL ASSETS | $7.2B |
| Account Payables | $545M |
| Short-Term Debt | $12M |
| Deferred Revenue | $22M |
| Other Current Liabilities | $68M |
| TOTAL CURRENT LIABILITIES | $917M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $268M |
| Other Non-Current Liabilities | $16M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $2.5B |
| Common Stock | $5M |
| Additional Paid-In Capital | $6.4B |
| Retained Earnings | $75M |
| Treasury Stock | -$1.8B |
| Accum. Other Comp. Income | -$521.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.7B |
| Minority Interest | $9M |
| TOTAL EQUITY | $4.8B |
| TOTAL LIABILITIES & EQUITY | $7.2B |
| Total Debt | $1.3B |
| Net Debt | $1.2B |
