| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $947M | — | $613M | — | 54.4% |
| Op. Income | $102M | — | $51M | — | 98.3% |
| Gross Margin | 21.6% | — | 19.1% | — | 2.5pp |
| Net Margin | 8.5% | — | -1.0% | — | 9.5pp |
| EPS (Diluted) | $0.09 | — | $-0.01 | — | 1493.3% |
| Free Cash Flow | -$113M | — | -$42M | — | -166.7% |
| Item | Amount |
|---|---|
| REVENUE | $947M |
| Cost of Revenue | $743M |
| GROSS PROFIT | $204M |
| R&D Expenses | $0 |
| Selling & Marketing | $54M |
| General & Administrative | $36M |
| SG&A Expenses | $90M |
| Other Expenses | $13M |
| Operating Expenses | $103M |
| Cost & Expenses | $846M |
| OPERATING INCOME | $102M |
| Interest Income | $1M |
| Interest Expense | $2M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $105M |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | $64M |
| Net Income from Discontinued Ops | $17M |
| Other Adjustments | $0 |
| NET INCOME | $81M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $81M |
| D&A | $306M |
| EBIT | $169M |
| EBITDA | $476M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $947M |
| Cost of Revenue | $743M |
| GROSS PROFIT | $204M |
| R&D Expenses | $0 |
| Selling & Marketing | $54M |
| General & Administrative | $36M |
| SG&A Expenses | $90M |
| Other Expenses | $13M |
| Operating Expenses | $103M |
| Cost & Expenses | $846M |
| OPERATING INCOME | $102M |
| Interest Income | $1M |
| Interest Expense | $2M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $105M |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | $64M |
| Net Income from Discontinued Ops | $17M |
| Other Adjustments | $0 |
| NET INCOME | $81M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $81M |
| D&A | $306M |
| EBIT | $169M |
| EBITDA | $476M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $81M |
| Depreciation & Amortization | $306M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $43M |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | -$254M |
| OPERATING CASH FLOW | $172M |
| Capital Expenditure | -$285M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$234M |
| Sales/Maturities of Investments | $91M |
| Other Investing Activities | $8M |
| NET CASH FROM INVESTING | -$361M |
| Net Debt Issuance | $154M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $154M |
| FREE CASH FLOW | -$113M |
| Net Change in Cash | -$257M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $229M |
| Net Receivables | $529M |
| Inventory | $13M |
| Other Current Assets | $579M |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $1.9B |
| Goodwill | $10M |
| Intangible Assets | $1.5B |
| Long-Term Investments | $282M |
| Tax Assets | $45M |
| Other Non-Current Assets | $156M |
| TOTAL NON-CURRENT ASSETS | $3.8B |
| TOTAL ASSETS | $6.3B |
| Account Payables | $417M |
| Short-Term Debt | $700M |
| Deferred Revenue | $40M |
| Other Current Liabilities | $177M |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $31M |
| Deferred Tax Liabilities | $96M |
| Other Non-Current Liabilities | $142M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $3.1B |
| Common Stock | $828M |
| Additional Paid-In Capital | $196.7K |
| Retained Earnings | $2.3B |
| Treasury Stock | -$19M |
| Accum. Other Comp. Income | $94M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.2B |
| Minority Interest | -$409.2K |
| TOTAL EQUITY | $3.2B |
| TOTAL LIABILITIES & EQUITY | $6.3B |
| Total Debt | $2.2B |
| Net Debt | $1.1B |
