| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.0B | $5.1B | $4.0B | -20.3% | 0.4% |
| Op. Income | $403M | $536M | $290M | -24.8% | 39.0% |
| Gross Margin | 23.7% | 23.7% | 21.4% | -0.1pp | 2.2pp |
| Net Margin | 8.4% | 8.5% | 6.8% | -0.1pp | 1.6pp |
| EPS (Diluted) | $0.61 | $0.78 | $0.46 | -21.9% | 32.3% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $4.0B |
| Cost of Revenue | $3.1B |
| GROSS PROFIT | $956M |
| R&D Expenses | $70M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $527M |
| Other Expenses | -$44M |
| Operating Expenses | $553M |
| Cost & Expenses | $3.6B |
| OPERATING INCOME | $403M |
| Interest Income | $32M |
| Interest Expense | $2M |
| Other Income/Expenses | $30M |
| INCOME BEFORE TAX | $434M |
| Income Tax Expense | $90M |
| Net Income from Continuing Ops | $343M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $339M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $339M |
| D&A | $48M |
| EBIT | $403M |
| EBITDA | $451M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.0B |
| Cost of Revenue | $3.1B |
| GROSS PROFIT | $956M |
| R&D Expenses | $70M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $527M |
| Other Expenses | -$44M |
| Operating Expenses | $553M |
| Cost & Expenses | $3.6B |
| OPERATING INCOME | $403M |
| Interest Income | $32M |
| Interest Expense | $2M |
| Other Income/Expenses | $30M |
| INCOME BEFORE TAX | $434M |
| Income Tax Expense | $90M |
| Net Income from Continuing Ops | $343M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $339M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $339M |
| D&A | $48M |
| EBIT | $403M |
| EBITDA | $451M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $339M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $43M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$382M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.5B |
| Short-Term Investments | $425M |
| Net Receivables | $550M |
| Inventory | $616M |
| Other Current Assets | $83M |
| TOTAL CURRENT ASSETS | $5.2B |
| PP&E (Net) | $2.6B |
| Goodwill | $110M |
| Intangible Assets | $1.5B |
| Long-Term Investments | $748M |
| Tax Assets | $107M |
| Other Non-Current Assets | $23M |
| TOTAL NON-CURRENT ASSETS | $5.1B |
| TOTAL ASSETS | $10.3B |
| Account Payables | $1.9B |
| Short-Term Debt | $363M |
| Deferred Revenue | $301M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4.2B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $269M |
| Deferred Tax Liabilities | $90M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $449M |
| TOTAL LIABILITIES | $4.6B |
| Common Stock | $10.8K |
| Additional Paid-In Capital | $650M |
| Retained Earnings | $5.5B |
| Treasury Stock | -$542M |
| Accum. Other Comp. Income | -$107M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.5B |
| Minority Interest | $201M |
| TOTAL EQUITY | $5.7B |
| TOTAL LIABILITIES & EQUITY | $10.3B |
| Total Debt | $464M |
| Net Debt | -$3.1B |
