| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.3B | $1.2B | 9.9% | 11.7% |
| Op. Income | $206M | $109M | $234M | 88.2% | -11.9% |
| Gross Margin | 82.1% | 81.6% | 90.2% | 0.5pp | -8.1pp |
| Net Margin | 11.8% | 5.4% | 14.3% | 6.4pp | -2.5pp |
| EPS (Diluted) | $1.38 | $0.52 | $1.43 | 165.4% | -3.5% |
| Free Cash Flow | $262M | $218M | $750M | 20.2% | -65.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $246M |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $674M |
| SG&A Expenses | $674M |
| Other Expenses | $248M |
| Operating Expenses | $923M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $206M |
| Interest Income | $516M |
| Interest Expense | $244M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $206M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | $162M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $162M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $153M |
| D&A | $24M |
| EBIT | $206M |
| EBITDA | $230M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $246M |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $674M |
| SG&A Expenses | $674M |
| Other Expenses | $248M |
| Operating Expenses | $923M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $206M |
| Interest Income | $516M |
| Interest Expense | $244M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $206M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | $162M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $162M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $153M |
| D&A | $24M |
| EBIT | $206M |
| EBITDA | $230M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $162M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $34M |
| Deferred Income Tax | $49M |
| Other Non-Cash Items | -$95M |
| Change in Working Capital | $100M |
| OPERATING CASH FLOW | $275M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $1M |
| Purchases of Investments | -$14M |
| Sales/Maturities of Investments | $37M |
| Other Investing Activities | $855M |
| NET CASH FROM INVESTING | $866M |
| Net Debt Issuance | -$220M |
| Common Stock Repurchased | -$144M |
| Common Dividends Paid | -$39M |
| Other Financing Activities | -$11M |
| NET CASH FROM FINANCING | -$424M |
| FREE CASH FLOW | $262M |
| Net Change in Cash | $722M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.6B |
| Short-Term Investments | $104M |
| Net Receivables | $1.0B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.7B |
| PP&E (Net) | $970M |
| Goodwill | $1.4B |
| Intangible Assets | $133M |
| Long-Term Investments | $28.8B |
| Tax Assets | $122M |
| Other Non-Current Assets | $1.6B |
| TOTAL NON-CURRENT ASSETS | $33.0B |
| TOTAL ASSETS | $37.7B |
| Account Payables | $1.3B |
| Short-Term Debt | $915M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $27.5B |
| TOTAL CURRENT LIABILITIES | $29.6B |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $795M |
| TOTAL NON-CURRENT LIABILITIES | $2.8B |
| TOTAL LIABILITIES | $32.4B |
| Common Stock | $17M |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $3.4B |
| Treasury Stock | -$637M |
| Accum. Other Comp. Income | -$74M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.3B |
| TOTAL LIABILITIES & EQUITY | $37.7B |
| Total Debt | $2.9B |
| Net Debt | -$661M |
