| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.4B | $1.4B | 1.7% | 5.3% |
| Op. Income | $333M | $334M | $280M | -0.4% | 18.9% |
| Gross Margin | 49.3% | 51.0% | 46.7% | -1.7pp | 2.5pp |
| Net Margin | 11.0% | 13.8% | 9.2% | -2.8pp | 1.7pp |
| EPS (Diluted) | $0.62 | $0.77 | $0.49 | -19.5% | 26.5% |
| Free Cash Flow | $125M | $319M | $202M | -60.8% | -38.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $728M |
| GROSS PROFIT | $707M |
| R&D Expenses | $121M |
| Selling & Marketing | $141M |
| General & Administrative | $113M |
| SG&A Expenses | $253M |
| Other Expenses | $0 |
| Operating Expenses | $374M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $333M |
| Interest Income | $0 |
| Interest Expense | $116M |
| Other Income/Expenses | -$108M |
| INCOME BEFORE TAX | $225M |
| Income Tax Expense | $67M |
| Net Income from Continuing Ops | $158M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $158M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $158M |
| D&A | $166M |
| EBIT | $341M |
| EBITDA | $506M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $728M |
| GROSS PROFIT | $707M |
| R&D Expenses | $121M |
| Selling & Marketing | $141M |
| General & Administrative | $113M |
| SG&A Expenses | $253M |
| Other Expenses | $0 |
| Operating Expenses | $374M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $333M |
| Interest Income | $0 |
| Interest Expense | $116M |
| Other Income/Expenses | -$108M |
| INCOME BEFORE TAX | $225M |
| Income Tax Expense | $67M |
| Net Income from Continuing Ops | $158M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $158M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $158M |
| D&A | $166M |
| EBIT | $341M |
| EBITDA | $506M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $158M |
| Depreciation & Amortization | $166M |
| Stock-Based Compensation | $45M |
| Deferred Income Tax | -$31M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$164M |
| OPERATING CASH FLOW | $181M |
| Capital Expenditure | -$56M |
| Acquisitions (Net) | $3M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $100.0K |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$51M |
| Net Debt Issuance | -$80M |
| Common Stock Repurchased | -$53M |
| Common Dividends Paid | -$60M |
| Other Financing Activities | -$697M |
| NET CASH FROM FINANCING | -$836M |
| FREE CASH FLOW | $125M |
| Net Change in Cash | -$710M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $413M |
| Short-Term Investments | $0 |
| Net Receivables | $3.0B |
| Inventory | $0 |
| Other Current Assets | $145M |
| TOTAL CURRENT ASSETS | $3.5B |
| PP&E (Net) | $514M |
| Goodwill | $8.9B |
| Intangible Assets | $3.8B |
| Long-Term Investments | $530M |
| Tax Assets | $0 |
| Other Non-Current Assets | $100M |
| TOTAL NON-CURRENT ASSETS | $13.9B |
| TOTAL ASSETS | $17.4B |
| Account Payables | $38M |
| Short-Term Debt | $51M |
| Deferred Revenue | $493M |
| Other Current Liabilities | $2.2B |
| TOTAL CURRENT LIABILITIES | $3.1B |
| Long-Term Debt | $6.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $780M |
| Other Non-Current Liabilities | $256M |
| TOTAL NON-CURRENT LIABILITIES | $7.8B |
| TOTAL LIABILITIES | $10.9B |
| Common Stock | $3M |
| Additional Paid-In Capital | $5.5B |
| Retained Earnings | $3.2B |
| Treasury Stock | -$1.8B |
| Accum. Other Comp. Income | -$474M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.4B |
| Minority Interest | $59M |
| TOTAL EQUITY | $6.5B |
| TOTAL LIABILITIES & EQUITY | $17.4B |
| Total Debt | $6.8B |
| Net Debt | $6.4B |
