| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | $1.7B | $1.7B | -0.6% | 0.8% |
| Op. Income | $369M | $393M | $459M | -6.1% | -19.4% |
| Gross Margin | 30.9% | 32.4% | 35.5% | -1.5pp | -4.5pp |
| Net Margin | 19.1% | 21.6% | 29.9% | -2.5pp | -10.7pp |
| EPS (Diluted) | $0.13 | $0.17 | $0.20 | -21.0% | -35.2% |
| Free Cash Flow | -$270M | $162M | -$105M | -266.8% | -156.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $535M |
| R&D Expenses | $108M |
| Selling & Marketing | $22M |
| General & Administrative | $54M |
| SG&A Expenses | $76M |
| Other Expenses | -$18M |
| Operating Expenses | $166M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $369M |
| Interest Income | $34M |
| Interest Expense | $13M |
| Other Income/Expenses | $33M |
| INCOME BEFORE TAX | $403M |
| Income Tax Expense | $73M |
| Net Income from Continuing Ops | $330M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $331M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $331M |
| D&A | $345M |
| EBIT | $415M |
| EBITDA | $760M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $535M |
| R&D Expenses | $108M |
| Selling & Marketing | $22M |
| General & Administrative | $54M |
| SG&A Expenses | $76M |
| Other Expenses | -$18M |
| Operating Expenses | $166M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $369M |
| Interest Income | $34M |
| Interest Expense | $13M |
| Other Income/Expenses | $33M |
| INCOME BEFORE TAX | $403M |
| Income Tax Expense | $73M |
| Net Income from Continuing Ops | $330M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $331M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $331M |
| D&A | $345M |
| EBIT | $415M |
| EBITDA | $760M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $403M |
| Depreciation & Amortization | $345M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $21M |
| Change in Working Capital | -$119M |
| OPERATING CASH FLOW | $659M |
| Capital Expenditure | -$929M |
| Acquisitions (Net) | -$17M |
| Purchases of Investments | -$20M |
| Sales/Maturities of Investments | $35M |
| Other Investing Activities | -$42M |
| NET CASH FROM INVESTING | -$947M |
| Net Debt Issuance | -$195M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | -$204M |
| FREE CASH FLOW | -$270M |
| Net Change in Cash | -$416M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.8B |
| Short-Term Investments | $404M |
| Net Receivables | $1.1B |
| Inventory | $1.1B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6.5B |
| PP&E (Net) | $8.5B |
| Goodwill | $241.1K |
| Intangible Assets | $127M |
| Long-Term Investments | $2.5B |
| Tax Assets | $159M |
| Other Non-Current Assets | $276M |
| TOTAL NON-CURRENT ASSETS | $11.5B |
| TOTAL ASSETS | $18.0B |
| Account Payables | $236M |
| Short-Term Debt | $811M |
| Deferred Revenue | $111M |
| Other Current Liabilities | $1.4B |
| TOTAL CURRENT LIABILITIES | $2.8B |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $14M |
| Deferred Tax Liabilities | $185M |
| Other Non-Current Liabilities | $1.4B |
| TOTAL NON-CURRENT LIABILITIES | $3.1B |
| TOTAL LIABILITIES | $5.9B |
| Common Stock | $4.0B |
| Additional Paid-In Capital | $270M |
| Retained Earnings | $6.3B |
| Treasury Stock | -$54M |
| Accum. Other Comp. Income | $1.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12.0B |
| Minority Interest | $10M |
| TOTAL EQUITY | $12.0B |
| TOTAL LIABILITIES & EQUITY | $18.0B |
| Total Debt | $2.4B |
| Net Debt | -$1.4B |
