| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.4B | $1.2B | 2.0% | 12.4% |
| Op. Income | $219M | $206M | $210M | 6.2% | 4.2% |
| Gross Margin | 81.5% | 82.1% | 87.2% | -0.6pp | -5.7pp |
| Net Margin | 11.7% | 11.8% | 12.6% | -0.2pp | -1.0pp |
| EPS (Diluted) | $1.40 | $1.38 | $1.28 | 1.4% | 9.4% |
| Free Cash Flow | -$619M | $262M | -$400M | -336.2% | -54.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $260M |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $680M |
| SG&A Expenses | $680M |
| Other Expenses | $244M |
| Operating Expenses | $923M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $219M |
| Interest Income | $507M |
| Interest Expense | $255M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $219M |
| Income Tax Expense | $55M |
| Net Income from Continuing Ops | $164M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $164M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $154M |
| D&A | $22M |
| EBIT | $219M |
| EBITDA | $240M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $260M |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $680M |
| SG&A Expenses | $680M |
| Other Expenses | $244M |
| Operating Expenses | $923M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $219M |
| Interest Income | $507M |
| Interest Expense | $255M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $219M |
| Income Tax Expense | $55M |
| Net Income from Continuing Ops | $164M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $164M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $154M |
| D&A | $22M |
| EBIT | $219M |
| EBITDA | $240M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $164M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $57M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | -$62M |
| Change in Working Capital | -$787M |
| OPERATING CASH FLOW | -$610M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | -$752.0K |
| Purchases of Investments | -$99M |
| Sales/Maturities of Investments | $234M |
| Other Investing Activities | $353M |
| NET CASH FROM INVESTING | $477M |
| Net Debt Issuance | $318M |
| Common Stock Repurchased | -$61M |
| Common Dividends Paid | -$63M |
| Other Financing Activities | -$99M |
| NET CASH FROM FINANCING | $85M |
| FREE CASH FLOW | -$619M |
| Net Change in Cash | -$49M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.4B |
| Short-Term Investments | $1.5B |
| Net Receivables | $1.5B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6.4B |
| PP&E (Net) | $1.1B |
| Goodwill | $1.4B |
| Intangible Assets | $127M |
| Long-Term Investments | $27.3B |
| Tax Assets | $127M |
| Other Non-Current Assets | $1.7B |
| TOTAL NON-CURRENT ASSETS | $31.8B |
| TOTAL ASSETS | $38.3B |
| Account Payables | $1.8B |
| Short-Term Debt | $1.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $27.6B |
| TOTAL CURRENT LIABILITIES | $30.5B |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $476M |
| TOTAL NON-CURRENT LIABILITIES | $2.5B |
| TOTAL LIABILITIES | $33.0B |
| Common Stock | $17M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $3.4B |
| Treasury Stock | -$564M |
| Accum. Other Comp. Income | -$84M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.3B |
| TOTAL LIABILITIES & EQUITY | $38.3B |
| Total Debt | $3.1B |
| Net Debt | -$269M |
