| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $365M | $339M | $419M | 7.6% | -12.8% |
| Op. Income | $140M | $113M | $180M | 24.4% | -21.9% |
| Gross Margin | 39.9% | 33.8% | 47.0% | 6.1pp | -7.1pp |
| Net Margin | 15.0% | 10.4% | 11.6% | 4.5pp | 3.3pp |
| EPS (Diluted) | $0.57 | $0.37 | $0.48 | 54.1% | 18.7% |
| Free Cash Flow | $130M | $133M | $155M | -2.7% | -16.2% |
| Item | Amount |
|---|---|
| REVENUE | $365M |
| Cost of Revenue | $219M |
| GROSS PROFIT | $146M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $17M |
| SG&A Expenses | $17M |
| Other Expenses | $0 |
| Operating Expenses | $17M |
| Cost & Expenses | $225M |
| OPERATING INCOME | $140M |
| Interest Income | $9M |
| Interest Expense | $5M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $145M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | $148M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $55M |
| Net Income Deductions | $463.0K |
| BOTTOM LINE NET INCOME | $54M |
| D&A | $23M |
| EBIT | $129M |
| EBITDA | $152M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $365M |
| Cost of Revenue | $219M |
| GROSS PROFIT | $146M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $17M |
| SG&A Expenses | $17M |
| Other Expenses | $0 |
| Operating Expenses | $17M |
| Cost & Expenses | $225M |
| OPERATING INCOME | $140M |
| Interest Income | $9M |
| Interest Expense | $5M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $145M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | $148M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $55M |
| Net Income Deductions | $463.0K |
| BOTTOM LINE NET INCOME | $54M |
| D&A | $23M |
| EBIT | $129M |
| EBITDA | $152M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $55M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $80M |
| Change in Working Capital | -$27M |
| OPERATING CASH FLOW | $130M |
| Capital Expenditure | -$570.0K |
| Acquisitions (Net) | $23M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $62M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $85M |
| Net Debt Issuance | -$142M |
| Common Stock Repurchased | -$86.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$145M |
| FREE CASH FLOW | $130M |
| Net Change in Cash | $71M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $551M |
| Short-Term Investments | $110M |
| Net Receivables | $195M |
| Inventory | $55M |
| Other Current Assets | $37M |
| TOTAL CURRENT ASSETS | $964M |
| PP&E (Net) | $1.2B |
| Goodwill | $27M |
| Intangible Assets | $712.0K |
| Long-Term Investments | $17M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $30M |
| Short-Term Debt | $0 |
| Deferred Revenue | $3M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $130M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $43M |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $98M |
| TOTAL LIABILITIES | $229M |
| Common Stock | $946M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$160M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $786M |
| Minority Interest | $1.2B |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $80M |
| Net Debt | -$471M |
