| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $643M | $536M | $620M | 19.9% | 3.6% |
| Op. Income | $291M | $202M | $259M | 43.9% | 12.4% |
| Gross Margin | 62.6% | 59.9% | 59.9% | 2.7pp | 2.7pp |
| Net Margin | 8.7% | 1.0% | 9.3% | 7.6pp | -0.6pp |
| EPS (Diluted) | $0.59 | $0.05 | $0.56 | 1080.0% | 5.4% |
| Free Cash Flow | -$398M | $335M | -$162M | -219.0% | -145.6% |
| Item | Amount |
|---|---|
| REVENUE | $643M |
| Cost of Revenue | $241M |
| GROSS PROFIT | $402M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $58M |
| SG&A Expenses | $58M |
| Other Expenses | $53M |
| Operating Expenses | $111M |
| Cost & Expenses | $352M |
| OPERATING INCOME | $291M |
| Interest Income | $0 |
| Interest Expense | $149M |
| Other Income/Expenses | -$151M |
| INCOME BEFORE TAX | $140M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $111M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $56M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $53M |
| D&A | $31M |
| EBIT | $289M |
| EBITDA | $320M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $643M |
| Cost of Revenue | $241M |
| GROSS PROFIT | $402M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $58M |
| SG&A Expenses | $58M |
| Other Expenses | $53M |
| Operating Expenses | $111M |
| Cost & Expenses | $352M |
| OPERATING INCOME | $291M |
| Interest Income | $0 |
| Interest Expense | $149M |
| Other Income/Expenses | -$151M |
| INCOME BEFORE TAX | $140M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $111M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $56M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $53M |
| D&A | $31M |
| EBIT | $289M |
| EBITDA | $320M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $56M |
| Depreciation & Amortization | $31M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $223M |
| Change in Working Capital | -$720M |
| OPERATING CASH FLOW | -$395M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$25M |
| NET CASH FROM INVESTING | -$27M |
| Net Debt Issuance | $140M |
| Common Stock Repurchased | -$52M |
| Common Dividends Paid | -$68M |
| Other Financing Activities | -$20M |
| NET CASH FROM FINANCING | $362.0K |
| FREE CASH FLOW | -$398M |
| Net Change in Cash | -$426M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $400M |
| Short-Term Investments | $0 |
| Net Receivables | $1.4B |
| Inventory | $0 |
| Other Current Assets | $30M |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $310M |
| Goodwill | $1.1B |
| Intangible Assets | $243M |
| Long-Term Investments | $8.7B |
| Tax Assets | $128M |
| Other Non-Current Assets | $434M |
| TOTAL NON-CURRENT ASSETS | $11.0B |
| TOTAL ASSETS | $12.8B |
| Account Payables | $872M |
| Short-Term Debt | $138M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $5.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4.5B |
| TOTAL NON-CURRENT LIABILITIES | $10.2B |
| TOTAL LIABILITIES | $11.4B |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $1.0B |
| Treasury Stock | -$1.2B |
| Accum. Other Comp. Income | $16M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $212M |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $12.8B |
| Total Debt | $5.8B |
| Net Debt | $5.4B |
