| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $391M | $336M | $384M | 16.4% | 1.8% |
| Op. Income | $245M | $162M | $231M | 51.5% | 5.9% |
| Gross Margin | 67.4% | 59.3% | 65.9% | 8.1pp | 1.4pp |
| Net Margin | 54.7% | 35.9% | 50.3% | 18.8pp | 4.5pp |
| EPS (Diluted) | $4.11 | $2.34 | $3.27 | 75.6% | 25.7% |
| Free Cash Flow | $212M | $178M | $268M | 18.6% | -21.1% |
| Item | Amount |
|---|---|
| REVENUE | $391M |
| Cost of Revenue | $128M |
| GROSS PROFIT | $264M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $30M |
| SG&A Expenses | $30M |
| Other Expenses | -$11M |
| Operating Expenses | $19M |
| Cost & Expenses | $146M |
| OPERATING INCOME | $245M |
| Interest Income | $5M |
| Interest Expense | $37M |
| Other Income/Expenses | -$31M |
| INCOME BEFORE TAX | $214M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $214M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $214M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $214M |
| D&A | $48M |
| EBIT | $251M |
| EBITDA | $299M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $391M |
| Cost of Revenue | $128M |
| GROSS PROFIT | $264M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $30M |
| SG&A Expenses | $30M |
| Other Expenses | -$11M |
| Operating Expenses | $19M |
| Cost & Expenses | $146M |
| OPERATING INCOME | $245M |
| Interest Income | $5M |
| Interest Expense | $37M |
| Other Income/Expenses | -$31M |
| INCOME BEFORE TAX | $214M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $214M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $214M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $214M |
| D&A | $48M |
| EBIT | $251M |
| EBITDA | $299M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $214M |
| Depreciation & Amortization | $48M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$10M |
| Change in Working Capital | -$40M |
| OPERATING CASH FLOW | $222M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | -$361.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $39M |
| NET CASH FROM INVESTING | $28M |
| Net Debt Issuance | -$215M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$21M |
| Other Financing Activities | -$202.0K |
| NET CASH FROM FINANCING | -$236M |
| FREE CASH FLOW | $212M |
| Net Change in Cash | $14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $370M |
| Short-Term Investments | $0 |
| Net Receivables | $234M |
| Inventory | $8M |
| Other Current Assets | $42M |
| TOTAL CURRENT ASSETS | $653M |
| PP&E (Net) | $3.5B |
| Goodwill | $8M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $63M |
| TOTAL NON-CURRENT ASSETS | $3.6B |
| TOTAL ASSETS | $4.2B |
| Account Payables | $14M |
| Short-Term Debt | $203M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $408M |
| Long-Term Debt | $973M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1.0B |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $745.0K |
| Additional Paid-In Capital | $3.1B |
| Retained Earnings | $780M |
| Treasury Stock | -$1.1B |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.8B |
| TOTAL LIABILITIES & EQUITY | $4.2B |
| Total Debt | $1.4B |
| Net Debt | $1.0B |
