| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $663M | $651M | $619M | 1.8% | 7.2% |
| Op. Income | $159M | $175M | $155M | -9.4% | 2.2% |
| Gross Margin | 61.4% | 63.9% | 59.3% | -2.5pp | 2.1pp |
| Net Margin | 12.8% | 2.8% | 14.3% | 10.0pp | -1.5pp |
| EPS (Diluted) | $1.98 | $0.42 | $2.02 | 371.4% | -2.0% |
| Free Cash Flow | $720M | $10M | $185M | 7028.7% | 288.4% |
| Item | Amount |
|---|---|
| REVENUE | $663M |
| Cost of Revenue | $256M |
| GROSS PROFIT | $407M |
| R&D Expenses | $0 |
| Selling & Marketing | $86M |
| General & Administrative | $116M |
| SG&A Expenses | $203M |
| Other Expenses | $46M |
| Operating Expenses | $249M |
| Cost & Expenses | $505M |
| OPERATING INCOME | $159M |
| Interest Income | $0 |
| Interest Expense | $82M |
| Other Income/Expenses | -$50M |
| INCOME BEFORE TAX | $108M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $85M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $85M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $85M |
| D&A | $75M |
| EBIT | $191M |
| EBITDA | $266M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $663M |
| Cost of Revenue | $256M |
| GROSS PROFIT | $407M |
| R&D Expenses | $0 |
| Selling & Marketing | $86M |
| General & Administrative | $116M |
| SG&A Expenses | $203M |
| Other Expenses | $46M |
| Operating Expenses | $249M |
| Cost & Expenses | $505M |
| OPERATING INCOME | $159M |
| Interest Income | $0 |
| Interest Expense | $82M |
| Other Income/Expenses | -$50M |
| INCOME BEFORE TAX | $108M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $85M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $85M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $85M |
| D&A | $75M |
| EBIT | $191M |
| EBITDA | $266M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $85M |
| Depreciation & Amortization | $75M |
| Stock-Based Compensation | $35M |
| Deferred Income Tax | -$21M |
| Other Non-Cash Items | $67M |
| Change in Working Capital | $520M |
| OPERATING CASH FLOW | $762M |
| Capital Expenditure | -$42M |
| Acquisitions (Net) | -$246M |
| Purchases of Investments | -$332M |
| Sales/Maturities of Investments | $54M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$567M |
| Net Debt Issuance | $253M |
| Common Stock Repurchased | -$151M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$234M |
| NET CASH FROM FINANCING | -$132M |
| FREE CASH FLOW | $720M |
| Net Change in Cash | $113M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.2B |
| Short-Term Investments | $3.0B |
| Net Receivables | $3.6B |
| Inventory | $0 |
| Other Current Assets | $90M |
| TOTAL CURRENT ASSETS | $8.9B |
| PP&E (Net) | $305M |
| Goodwill | $3.0B |
| Intangible Assets | $1.5B |
| Long-Term Investments | $112M |
| Tax Assets | $14M |
| Other Non-Current Assets | $66M |
| TOTAL NON-CURRENT ASSETS | $5.0B |
| TOTAL ASSETS | $13.9B |
| Account Payables | $1.3B |
| Short-Term Debt | $1.1B |
| Deferred Revenue | $12M |
| Other Current Liabilities | $6.1B |
| TOTAL CURRENT LIABILITIES | $8.5B |
| Long-Term Debt | $2.8B |
| Deferred Revenue NC | $83M |
| Deferred Tax Liabilities | $130M |
| Other Non-Current Liabilities | $436M |
| TOTAL NON-CURRENT LIABILITIES | $3.5B |
| TOTAL LIABILITIES | $12.1B |
| Common Stock | $500.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $1.8B |
| Treasury Stock | -$761M |
| Accum. Other Comp. Income | -$229M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $13.9B |
| Total Debt | $3.9B |
| Net Debt | $1.7B |
