| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $303M | $296M | $247M | 2.4% | 22.4% |
| Op. Income | $72M | $59M | $102M | 21.3% | -29.7% |
| Gross Margin | 55.6% | 51.1% | 78.5% | 4.4pp | -23.0pp |
| Net Margin | 19.3% | 17.0% | 32.1% | 2.3pp | -12.8pp |
| EPS (Diluted) | $0.85 | $0.72 | $1.16 | 18.1% | -26.7% |
| Free Cash Flow | $102M | $79M | $64M | 29.1% | 59.8% |
| Item | Amount |
|---|---|
| REVENUE | $303M |
| Cost of Revenue | $135M |
| GROSS PROFIT | $168M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $56M |
| SG&A Expenses | $56M |
| Other Expenses | $40M |
| Operating Expenses | $97M |
| Cost & Expenses | $231M |
| OPERATING INCOME | $72M |
| Interest Income | $287M |
| Interest Expense | $135M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $72M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $58M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $58M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | -$22M |
| EBIT | $72M |
| EBITDA | $50M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $303M |
| Cost of Revenue | $135M |
| GROSS PROFIT | $168M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $56M |
| SG&A Expenses | $56M |
| Other Expenses | $40M |
| Operating Expenses | $97M |
| Cost & Expenses | $231M |
| OPERATING INCOME | $72M |
| Interest Income | $287M |
| Interest Expense | $135M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $72M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $58M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $58M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | -$22M |
| EBIT | $72M |
| EBITDA | $50M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $58M |
| Depreciation & Amortization | -$22M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | $75M |
| OPERATING CASH FLOW | $110M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | -$750.0K |
| Purchases of Investments | -$49M |
| Sales/Maturities of Investments | $75M |
| Other Investing Activities | -$88M |
| NET CASH FROM INVESTING | -$71M |
| Net Debt Issuance | $225M |
| Common Stock Repurchased | -$17M |
| Common Dividends Paid | -$16M |
| Other Financing Activities | -$63M |
| NET CASH FROM FINANCING | $125M |
| FREE CASH FLOW | $102M |
| Net Change in Cash | $164M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $2.0B |
| Net Receivables | $87M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.3B |
| PP&E (Net) | $237M |
| Goodwill | $305M |
| Intangible Assets | $6M |
| Long-Term Investments | $18.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $842M |
| TOTAL NON-CURRENT ASSETS | $19.4B |
| TOTAL ASSETS | $22.6B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $16.0B |
| TOTAL CURRENT LIABILITIES | $16.0B |
| Long-Term Debt | $3.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $273M |
| TOTAL NON-CURRENT LIABILITIES | $4.1B |
| TOTAL LIABILITIES | $20.2B |
| Common Stock | $137M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $1.9B |
| Treasury Stock | -$1.6B |
| Accum. Other Comp. Income | $47M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $22.6B |
| Total Debt | $3.9B |
| Net Debt | $2.7B |
