| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $641M | $601M | $509M | 6.6% | 26.0% |
| Op. Income | $134M | $81M | $112M | 65.7% | 20.0% |
| Gross Margin | 54.6% | 55.7% | 62.6% | -1.1pp | -7.9pp |
| Net Margin | 17.2% | 11.8% | 18.2% | 5.4pp | -1.0pp |
| EPS (Diluted) | $2.25 | $1.45 | $1.90 | 55.2% | 18.4% |
| Free Cash Flow | $54M | $81M | -$8M | -33.8% | 795.4% |
| Item | Amount |
|---|---|
| REVENUE | $641M |
| Cost of Revenue | $291M |
| GROSS PROFIT | $350M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $143M |
| SG&A Expenses | $149M |
| Other Expenses | $67M |
| Operating Expenses | $216M |
| Cost & Expenses | $507M |
| OPERATING INCOME | $134M |
| Interest Income | $520M |
| Interest Expense | $281M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $134M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $110M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $110M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $110M |
| D&A | $14M |
| EBIT | $134M |
| EBITDA | $148M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $641M |
| Cost of Revenue | $291M |
| GROSS PROFIT | $350M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $143M |
| SG&A Expenses | $149M |
| Other Expenses | $67M |
| Operating Expenses | $216M |
| Cost & Expenses | $507M |
| OPERATING INCOME | $134M |
| Interest Income | $520M |
| Interest Expense | $281M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $134M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $110M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $110M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $110M |
| D&A | $14M |
| EBIT | $134M |
| EBITDA | $148M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $110M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | -$16M |
| Change in Working Capital | -$53M |
| OPERATING CASH FLOW | $56M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$111M |
| Purchases of Investments | -$2.7B |
| Sales/Maturities of Investments | $3.2B |
| Other Investing Activities | -$300M |
| NET CASH FROM INVESTING | $158M |
| Net Debt Issuance | $106M |
| Common Stock Repurchased | -$8M |
| Common Dividends Paid | -$19M |
| Other Financing Activities | $1.1B |
| NET CASH FROM FINANCING | $1.2B |
| FREE CASH FLOW | $54M |
| Net Change in Cash | $1.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.0B |
| Short-Term Investments | $6.5B |
| Net Receivables | $466M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $14.0B |
| PP&E (Net) | $232M |
| Goodwill | $207M |
| Intangible Assets | $69M |
| Long-Term Investments | $29.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.6B |
| TOTAL NON-CURRENT ASSETS | $31.3B |
| TOTAL ASSETS | $45.3B |
| Account Payables | $0 |
| Short-Term Debt | $3.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $36.9B |
| TOTAL CURRENT LIABILITIES | $40.5B |
| Long-Term Debt | $384M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.3B |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $42.2B |
| Common Stock | $55M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $2.9B |
| Treasury Stock | -$339M |
| Accum. Other Comp. Income | -$595M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.2B |
| TOTAL LIABILITIES & EQUITY | $45.3B |
| Total Debt | $3.6B |
| Net Debt | -$3.4B |
