Reported April 1, 2024
| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.2B | $2.2B | $2.2B | 0.6% | -1.2% |
| Op. Income | $549M | $691M | $471M | -20.6% | 16.7% |
| Gross Margin | 66.6% | 70.5% | 67.2% | -4.0pp | -0.7pp |
| Net Margin | 13.0% | 17.9% | 10.8% | -4.9pp | 2.2pp |
| EPS (Diluted) | $0.30 | $0.39 | $0.24 | -24.9% | 21.3% |
| Free Cash Flow | $401M | $527M | $620M | -23.9% | -35.4% |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $734M |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $54M |
| General & Administrative | $347M |
| SG&A Expenses | $401M |
| Other Expenses | $511M |
| Operating Expenses | $912M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $549M |
| Interest Income | $18M |
| Interest Expense | $71M |
| Other Income/Expenses | -$54M |
| INCOME BEFORE TAX | $495M |
| Income Tax Expense | $109M |
| Net Income from Continuing Ops | $386M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $285M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $285M |
| D&A | $491M |
| EBIT | $567M |
| EBITDA | $1.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $734M |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $54M |
| General & Administrative | $347M |
| SG&A Expenses | $401M |
| Other Expenses | $511M |
| Operating Expenses | $912M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $549M |
| Interest Income | $18M |
| Interest Expense | $71M |
| Other Income/Expenses | -$54M |
| INCOME BEFORE TAX | $495M |
| Income Tax Expense | $109M |
| Net Income from Continuing Ops | $386M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $285M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $285M |
| D&A | $491M |
| EBIT | $567M |
| EBITDA | $1.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $285M |
| Depreciation & Amortization | $491M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $254M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $1.0B |
| Capital Expenditure | -$628M |
| Acquisitions (Net) | $97M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$85M |
| NET CASH FROM INVESTING | -$615M |
| Net Debt Issuance | -$247M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$57.8K |
| Other Financing Activities | -$809.1K |
| NET CASH FROM FINANCING | -$234M |
| FREE CASH FLOW | $401M |
| Net Change in Cash | $179M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.7B |
| Short-Term Investments | $82M |
| Net Receivables | $805M |
| Inventory | $58M |
| Other Current Assets | $30M |
| TOTAL CURRENT ASSETS | $2.8B |
| PP&E (Net) | $11.8B |
| Goodwill | $62M |
| Intangible Assets | $911M |
| Long-Term Investments | $473M |
| Tax Assets | $241M |
| Other Non-Current Assets | $330M |
| TOTAL NON-CURRENT ASSETS | $13.8B |
| TOTAL ASSETS | $16.6B |
| Account Payables | $1.1B |
| Short-Term Debt | $1.2B |
| Deferred Revenue | $544M |
| Other Current Liabilities | $152M |
| TOTAL CURRENT LIABILITIES | $4.1B |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $150M |
| Deferred Tax Liabilities | $49M |
| Other Non-Current Liabilities | $743M |
| TOTAL NON-CURRENT LIABILITIES | $3.4B |
| TOTAL LIABILITIES | $7.5B |
| Common Stock | $286M |
| Additional Paid-In Capital | $157M |
| Retained Earnings | $6.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $938M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.8B |
| Minority Interest | $1.2B |
| TOTAL EQUITY | $9.0B |
| TOTAL LIABILITIES & EQUITY | $16.6B |
| Total Debt | $3.9B |
| Net Debt | $2.2B |