| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $560M | $607M | $571M | -7.8% | -2.0% |
| Op. Income | $178M | $310M | $272M | -42.4% | -34.4% |
| Gross Margin | 45.8% | 46.2% | 48.0% | -0.5pp | -2.3pp |
| Net Margin | 23.4% | 40.7% | 34.8% | -17.3pp | -11.3pp |
| EPS (Diluted) | $1.13 | $2.12 | $1.62 | -46.7% | -30.2% |
| Free Cash Flow | -$56M | $253M | $91M | -122.3% | -162.0% |
| Item | Amount |
|---|---|
| REVENUE | $560M |
| Cost of Revenue | $304M |
| GROSS PROFIT | $256M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $30M |
| SG&A Expenses | $30M |
| Other Expenses | $47M |
| Operating Expenses | $78M |
| Cost & Expenses | $381M |
| OPERATING INCOME | $178M |
| Interest Income | $7M |
| Interest Expense | $22M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $163M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $131M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $131M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $131M |
| D&A | $166M |
| EBIT | $185M |
| EBITDA | $351M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $560M |
| Cost of Revenue | $304M |
| GROSS PROFIT | $256M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $30M |
| SG&A Expenses | $30M |
| Other Expenses | $47M |
| Operating Expenses | $78M |
| Cost & Expenses | $381M |
| OPERATING INCOME | $178M |
| Interest Income | $7M |
| Interest Expense | $22M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $163M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $131M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $131M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $131M |
| D&A | $166M |
| EBIT | $185M |
| EBITDA | $351M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $131M |
| Depreciation & Amortization | $166M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $27M |
| Other Non-Cash Items | $381M |
| Change in Working Capital | -$98M |
| OPERATING CASH FLOW | $276M |
| Capital Expenditure | -$332M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $77.0K |
| NET CASH FROM INVESTING | -$332M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$33M |
| Common Dividends Paid | -$21M |
| Other Financing Activities | -$22.0K |
| NET CASH FROM FINANCING | -$54M |
| FREE CASH FLOW | -$56M |
| Net Change in Cash | -$110M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $506M |
| Short-Term Investments | $0 |
| Net Receivables | $242M |
| Inventory | $0 |
| Other Current Assets | $45M |
| TOTAL CURRENT ASSETS | $793M |
| PP&E (Net) | $5.5B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $7M |
| Tax Assets | $0 |
| Other Non-Current Assets | $85M |
| TOTAL NON-CURRENT ASSETS | $5.6B |
| TOTAL ASSETS | $6.4B |
| Account Payables | $496M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $24M |
| TOTAL CURRENT LIABILITIES | $536M |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $397M |
| Other Non-Current Liabilities | $191M |
| TOTAL NON-CURRENT LIABILITIES | $2.2B |
| TOTAL LIABILITIES | $2.7B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $2.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.7B |
| TOTAL LIABILITIES & EQUITY | $6.4B |
| Total Debt | $1.6B |
| Net Debt | $1.1B |
