| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $582M | $602M | — | -3.2% | — |
| Op. Income | $19M | $27M | — | -30.6% | — |
| Gross Margin | 96.5% | 96.3% | — | 0.2pp | — |
| Net Margin | 1.5% | 2.3% | — | -0.8pp | — |
| EPS (Diluted) | $0.32 | $0.51 | — | -37.3% | — |
| Free Cash Flow | $31M | $46M | — | -31.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $582M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $562M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $178M |
| SG&A Expenses | $178M |
| Other Expenses | $365M |
| Operating Expenses | $543M |
| Cost & Expenses | $563M |
| OPERATING INCOME | $19M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $16M |
| EBIT | $24M |
| EBITDA | $39M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $582M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $562M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $178M |
| SG&A Expenses | $178M |
| Other Expenses | $365M |
| Operating Expenses | $543M |
| Cost & Expenses | $563M |
| OPERATING INCOME | $19M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $16M |
| EBIT | $24M |
| EBITDA | $39M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $610.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $20M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $39M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $21M |
| Other Investing Activities | -$57.0K |
| NET CASH FROM INVESTING | $7M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$207.0K |
| Common Dividends Paid | -$13M |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$18M |
| FREE CASH FLOW | $31M |
| Net Change in Cash | $30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $233M |
| Short-Term Investments | $39M |
| Net Receivables | $125M |
| Inventory | $0 |
| Other Current Assets | -$174M |
| TOTAL CURRENT ASSETS | $223M |
| PP&E (Net) | $272M |
| Goodwill | $1.1B |
| Intangible Assets | $193M |
| Long-Term Investments | $0 |
| Tax Assets | $4M |
| Other Non-Current Assets | $939M |
| TOTAL NON-CURRENT ASSETS | $2.5B |
| TOTAL ASSETS | $2.7B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $445M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $25M |
| Other Non-Current Liabilities | $718M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $28M |
| Additional Paid-In Capital | $311M |
| Retained Earnings | $1.1B |
| Treasury Stock | -$3M |
| Accum. Other Comp. Income | -$35M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $7M |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $581M |
| Net Debt | $348M |
