| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.0B | $1.0B | $444M | 2.1% | 134.5% |
| Op. Income | $171M | $146M | $66M | 17.1% | 159.2% |
| Gross Margin | 47.4% | 46.4% | 55.8% | 1.0pp | -8.4pp |
| Net Margin | 8.1% | 6.2% | 10.2% | 1.9pp | -2.1pp |
| EPS (Diluted) | $0.41 | $0.30 | $0.40 | 36.7% | 2.5% |
| Free Cash Flow | $228M | $57M | $182M | 300.0% | 25.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $547M |
| GROSS PROFIT | $494M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $198M |
| Other Expenses | $125M |
| Operating Expenses | $323M |
| Cost & Expenses | $870M |
| OPERATING INCOME | $171M |
| Interest Income | $6M |
| Interest Expense | $64M |
| Other Income/Expenses | -$57M |
| INCOME BEFORE TAX | $114M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $84M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $1M |
| NET INCOME | $84M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $76M |
| D&A | $142M |
| EBIT | $178M |
| EBITDA | $321M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $547M |
| GROSS PROFIT | $494M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $198M |
| Other Expenses | $125M |
| Operating Expenses | $323M |
| Cost & Expenses | $870M |
| OPERATING INCOME | $171M |
| Interest Income | $6M |
| Interest Expense | $64M |
| Other Income/Expenses | -$57M |
| INCOME BEFORE TAX | $114M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $84M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $1M |
| NET INCOME | $84M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $76M |
| D&A | $142M |
| EBIT | $178M |
| EBITDA | $321M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $84M |
| Depreciation & Amortization | $142M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | -$34M |
| Other Non-Cash Items | $13M |
| Change in Working Capital | $117M |
| OPERATING CASH FLOW | $337M |
| Capital Expenditure | -$109M |
| Acquisitions (Net) | $1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$33M |
| NET CASH FROM INVESTING | -$106M |
| Net Debt Issuance | -$54M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$49M |
| Other Financing Activities | $29M |
| NET CASH FROM FINANCING | -$53M |
| FREE CASH FLOW | $228M |
| Net Change in Cash | $189M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $576M |
| Short-Term Investments | $0 |
| Net Receivables | $309M |
| Inventory | $183M |
| Other Current Assets | $626M |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $2.7B |
| Goodwill | $4.5B |
| Intangible Assets | $2.9B |
| Long-Term Investments | $13M |
| Tax Assets | $0 |
| Other Non-Current Assets | $83M |
| TOTAL NON-CURRENT ASSETS | $10.2B |
| TOTAL ASSETS | $12.0B |
| Account Payables | $641M |
| Short-Term Debt | $157M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $44M |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $3.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $716M |
| TOTAL NON-CURRENT LIABILITIES | $5.2B |
| TOTAL LIABILITIES | $6.5B |
| Common Stock | $4.1B |
| Additional Paid-In Capital | $88M |
| Retained Earnings | $919M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$44M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.5B |
| Minority Interest | $11M |
| TOTAL EQUITY | $5.5B |
| TOTAL LIABILITIES & EQUITY | $12.0B |
| Total Debt | $4.8B |
| Net Debt | $4.2B |
