| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $465M | $558M | $552M | -16.6% | -15.6% |
| Op. Income | -$6M | $7M | $12M | -186.7% | -149.6% |
| Gross Margin | 26.5% | 26.5% | 25.4% | -0.1pp | 1.1pp |
| Net Margin | -0.9% | 1.3% | 1.9% | -2.2pp | -2.8pp |
| EPS (Diluted) | $-0.13 | $0.21 | $0.30 | -161.9% | -143.3% |
| Free Cash Flow | $1M | $32M | $21M | -96.7% | -94.8% |
| Item | Amount |
|---|---|
| REVENUE | $465M |
| Cost of Revenue | $342M |
| GROSS PROFIT | $123M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $123M |
| Other Expenses | $6M |
| Operating Expenses | $129M |
| Cost & Expenses | $471M |
| OPERATING INCOME | -$6M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | -$640.0K |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $6M |
| EBIT | -$6M |
| EBITDA | $468.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$47.0K |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$96.0K |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$27M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $270.0K |
| NET CASH FROM FINANCING | -$27M |
| FREE CASH FLOW | $1M |
| Net Change in Cash | -$26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $47M |
| Short-Term Investments | $0 |
| Net Receivables | $295M |
| Inventory | $0 |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $371M |
| PP&E (Net) | $149M |
| Goodwill | $94M |
| Intangible Assets | $15M |
| Long-Term Investments | $124M |
| Tax Assets | $26M |
| Other Non-Current Assets | $179M |
| TOTAL NON-CURRENT ASSETS | $586M |
| TOTAL ASSETS | $957M |
| Account Payables | $64M |
| Short-Term Debt | $0 |
| Deferred Revenue | $4M |
| Other Current Liabilities | $53M |
| TOTAL CURRENT LIABILITIES | $215M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $224M |
| TOTAL NON-CURRENT LIABILITIES | $275M |
| TOTAL LIABILITIES | $489M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $488M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$20M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $468M |
| Minority Interest | $0 |
| TOTAL EQUITY | $468M |
| TOTAL LIABILITIES & EQUITY | $957M |
| Total Debt | $62M |
| Net Debt | $15M |
