| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.8B | $1.7B | — | 6.6% | — |
| Op. Income | $313M | $254M | — | 23.3% | — |
| Gross Margin | 40.1% | 39.7% | — | 0.4pp | — |
| Net Margin | 6.9% | 4.9% | — | 2.1pp | — |
| EPS (Diluted) | $0.22 | $0.15 | — | 46.7% | — |
| Free Cash Flow | $393M | $356M | — | 10.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $734M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $53M |
| SG&A Expenses | $53M |
| Other Expenses | $367M |
| Operating Expenses | $420M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $313M |
| Interest Income | $0 |
| Interest Expense | $147M |
| Other Income/Expenses | -$176M |
| INCOME BEFORE TAX | $138M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $132M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $127M |
| Net Income Deductions | $325.0K |
| BOTTOM LINE NET INCOME | $127M |
| D&A | $379M |
| EBIT | $288M |
| EBITDA | $667M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $734M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $53M |
| SG&A Expenses | $53M |
| Other Expenses | $367M |
| Operating Expenses | $420M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $313M |
| Interest Income | $0 |
| Interest Expense | $147M |
| Other Income/Expenses | -$176M |
| INCOME BEFORE TAX | $138M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $132M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $127M |
| Net Income Deductions | $325.0K |
| BOTTOM LINE NET INCOME | $127M |
| D&A | $379M |
| EBIT | $288M |
| EBITDA | $667M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $127M |
| Depreciation & Amortization | $379M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$40M |
| Change in Working Capital | -$72M |
| OPERATING CASH FLOW | $407M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | -$167M |
| Purchases of Investments | -$12M |
| Sales/Maturities of Investments | $913.0K |
| Other Investing Activities | -$390M |
| NET CASH FROM INVESTING | -$581M |
| Net Debt Issuance | -$1.5B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$352M |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | $579M |
| FREE CASH FLOW | $393M |
| Net Change in Cash | $402M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.4B |
| Short-Term Investments | $0 |
| Net Receivables | $3.0B |
| Inventory | $0 |
| Other Current Assets | $90M |
| TOTAL CURRENT ASSETS | $5.4B |
| PP&E (Net) | $349M |
| Goodwill | $68M |
| Intangible Assets | $0 |
| Long-Term Investments | $1.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $37.0B |
| TOTAL NON-CURRENT ASSETS | $39.1B |
| TOTAL ASSETS | $44.6B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $14.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $14.6B |
| TOTAL LIABILITIES | $16.0B |
| Common Stock | $593M |
| Additional Paid-In Capital | $35.1B |
| Retained Earnings | -$7.9B |
| Treasury Stock | -$115M |
| Accum. Other Comp. Income | -$181M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $27.5B |
| Minority Interest | $1000M |
| TOTAL EQUITY | $28.5B |
| TOTAL LIABILITIES & EQUITY | $44.6B |
| Total Debt | $14.6B |
| Net Debt | $12.2B |
