| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.4B | $1.3B | 3.3% | 5.5% |
| Op. Income | $334M | $306M | $301M | 9.1% | 10.9% |
| Gross Margin | 51.0% | 47.9% | 48.4% | 3.0pp | 2.6pp |
| Net Margin | 13.8% | 11.4% | 15.5% | 2.4pp | -1.7pp |
| EPS (Diluted) | $0.77 | $0.61 | $0.81 | 26.2% | -4.9% |
| Free Cash Flow | $319M | $182M | $323M | 74.7% | -1.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $692M |
| GROSS PROFIT | $719M |
| R&D Expenses | $118M |
| Selling & Marketing | $139M |
| General & Administrative | $128M |
| SG&A Expenses | $267M |
| Other Expenses | $0 |
| Operating Expenses | $385M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $334M |
| Interest Income | $0 |
| Interest Expense | $119M |
| Other Income/Expenses | -$58M |
| INCOME BEFORE TAX | $277M |
| Income Tax Expense | $82M |
| Net Income from Continuing Ops | $195M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $194M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $194M |
| D&A | $170M |
| EBIT | $403M |
| EBITDA | $573M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $692M |
| GROSS PROFIT | $719M |
| R&D Expenses | $118M |
| Selling & Marketing | $139M |
| General & Administrative | $128M |
| SG&A Expenses | $267M |
| Other Expenses | $0 |
| Operating Expenses | $385M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $334M |
| Interest Income | $0 |
| Interest Expense | $119M |
| Other Income/Expenses | -$58M |
| INCOME BEFORE TAX | $277M |
| Income Tax Expense | $82M |
| Net Income from Continuing Ops | $195M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $194M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $194M |
| D&A | $170M |
| EBIT | $403M |
| EBITDA | $573M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $194M |
| Depreciation & Amortization | $170M |
| Stock-Based Compensation | $42M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | -$50M |
| Change in Working Capital | $26M |
| OPERATING CASH FLOW | $388M |
| Capital Expenditure | -$70M |
| Acquisitions (Net) | -$34M |
| Purchases of Investments | -$300.0K |
| Sales/Maturities of Investments | $300.0K |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$101M |
| Net Debt Issuance | -$150M |
| Common Stock Repurchased | -$131M |
| Common Dividends Paid | -$60M |
| Other Financing Activities | $1.9B |
| NET CASH FROM FINANCING | $1.5B |
| FREE CASH FLOW | $319M |
| Net Change in Cash | $1.8B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $432M |
| Short-Term Investments | $0 |
| Net Receivables | $3.5B |
| Inventory | $0 |
| Other Current Assets | $168M |
| TOTAL CURRENT ASSETS | $4.1B |
| PP&E (Net) | $537M |
| Goodwill | $9.0B |
| Intangible Assets | $3.6B |
| Long-Term Investments | $530M |
| Tax Assets | $0 |
| Other Non-Current Assets | $433M |
| TOTAL NON-CURRENT ASSETS | $14.1B |
| TOTAL ASSETS | $18.1B |
| Account Payables | $80M |
| Short-Term Debt | $52M |
| Deferred Revenue | $470M |
| Other Current Liabilities | $2.9B |
| TOTAL CURRENT LIABILITIES | $3.8B |
| Long-Term Debt | $6.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $817M |
| Other Non-Current Liabilities | $249M |
| TOTAL NON-CURRENT LIABILITIES | $7.9B |
| TOTAL LIABILITIES | $11.7B |
| Common Stock | $3M |
| Additional Paid-In Capital | $5.4B |
| Retained Earnings | $3.1B |
| Treasury Stock | -$1.7B |
| Accum. Other Comp. Income | -$426M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.3B |
| Minority Interest | $58M |
| TOTAL EQUITY | $6.4B |
| TOTAL LIABILITIES & EQUITY | $18.1B |
| Total Debt | $6.9B |
| Net Debt | $6.5B |
