| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $290M | $303M | $257M | -4.1% | 13.1% |
| Op. Income | $41M | $54M | -$1M | -23.7% | 3165.7% |
| Gross Margin | 45.7% | 49.2% | 40.4% | -3.5pp | 5.3pp |
| Net Margin | 10.2% | 12.9% | -0.8% | -2.7pp | 11.0pp |
| EPS (Diluted) | $1.23 | $1.63 | $-0.09 | -24.5% | 1520.3% |
| Free Cash Flow | $68M | $20M | $27M | 236.8% | 153.8% |
| Item | Amount |
|---|---|
| REVENUE | $290M |
| Cost of Revenue | $158M |
| GROSS PROFIT | $133M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $97M |
| SG&A Expenses | $97M |
| Other Expenses | -$6M |
| Operating Expenses | $91M |
| Cost & Expenses | $249M |
| OPERATING INCOME | $41M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $11M |
| EBIT | $36M |
| EBITDA | $47M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $290M |
| Cost of Revenue | $158M |
| GROSS PROFIT | $133M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $97M |
| SG&A Expenses | $97M |
| Other Expenses | -$6M |
| Operating Expenses | $91M |
| Cost & Expenses | $249M |
| OPERATING INCOME | $41M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $11M |
| EBIT | $36M |
| EBITDA | $47M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $30M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | $35M |
| OPERATING CASH FLOW | $78M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$34.0K |
| Sales/Maturities of Investments | $8M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$15M |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$18M |
| FREE CASH FLOW | $68M |
| Net Change in Cash | $56M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $222M |
| Short-Term Investments | $31M |
| Net Receivables | $83M |
| Inventory | $0 |
| Other Current Assets | $27M |
| TOTAL CURRENT ASSETS | $390M |
| PP&E (Net) | $231M |
| Goodwill | $1.2B |
| Intangible Assets | $249M |
| Long-Term Investments | $19M |
| Tax Assets | $0 |
| Other Non-Current Assets | $36M |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $57M |
| Short-Term Debt | $0 |
| Deferred Revenue | $129M |
| Other Current Liabilities | $33M |
| TOTAL CURRENT LIABILITIES | $262M |
| Long-Term Debt | $61M |
| Deferred Revenue NC | $35M |
| Deferred Tax Liabilities | $30M |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $251M |
| TOTAL LIABILITIES | $513M |
| Common Stock | $246.0K |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $184M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$61M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $201M |
| Net Debt | -$21M |
