| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.3B | $2.5B | $2.8B | -8.4% | -18.6% |
| Op. Income | $869M | $1.1B | $1.4B | -18.8% | -36.6% |
| Gross Margin | 39.3% | 44.0% | 49.8% | -4.7pp | -10.5pp |
| Net Margin | 19.4% | 24.7% | 32.0% | -5.3pp | -12.6pp |
| EPS (Diluted) | $0.58 | $0.80 | $1.15 | -27.5% | -49.6% |
| Free Cash Flow | $286M | $787M | $791M | -63.7% | -63.9% |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $902M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $33M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $869M |
| Interest Income | $21M |
| Interest Expense | $81M |
| Other Income/Expenses | -$73M |
| INCOME BEFORE TAX | $796M |
| Income Tax Expense | $349M |
| Net Income from Continuing Ops | $447M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $445M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $445M |
| D&A | $208M |
| EBIT | $869M |
| EBITDA | $1.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $902M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $33M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $869M |
| Interest Income | $21M |
| Interest Expense | $81M |
| Other Income/Expenses | -$73M |
| INCOME BEFORE TAX | $796M |
| Income Tax Expense | $349M |
| Net Income from Continuing Ops | $447M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $445M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $445M |
| D&A | $208M |
| EBIT | $869M |
| EBITDA | $1.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $445M |
| Depreciation & Amortization | $208M |
| Stock-Based Compensation | $700.0K |
| Deferred Income Tax | -$16M |
| Other Non-Cash Items | $19M |
| Change in Working Capital | -$116M |
| OPERATING CASH FLOW | $541M |
| Capital Expenditure | -$255M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$770M |
| Sales/Maturities of Investments | $418M |
| Other Investing Activities | $600.0K |
| NET CASH FROM INVESTING | -$607M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$773M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$776M |
| FREE CASH FLOW | $286M |
| Net Change in Cash | -$816M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $599M |
| Net Receivables | $1.2B |
| Inventory | $1.0B |
| Other Current Assets | $38M |
| TOTAL CURRENT ASSETS | $4.4B |
| PP&E (Net) | $10.6B |
| Goodwill | $42M |
| Intangible Assets | $88M |
| Long-Term Investments | $108M |
| Tax Assets | $256M |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $12.3B |
| TOTAL ASSETS | $16.7B |
| Account Payables | $653M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $6.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $132M |
| Other Non-Current Liabilities | $771M |
| TOTAL NON-CURRENT LIABILITIES | $7.9B |
| TOTAL LIABILITIES | $9.2B |
| Common Stock | $9M |
| Additional Paid-In Capital | $3.5B |
| Retained Earnings | $7.0B |
| Treasury Stock | -$3.1B |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.4B |
| Minority Interest | $63M |
| TOTAL EQUITY | $7.5B |
| TOTAL LIABILITIES & EQUITY | $16.7B |
| Total Debt | $7.0B |
| Net Debt | $5.9B |
