The company said revenue for Q4 2023 was $1.08 billion, up 5% year-over-year, and full-year revenue was $4.15 billion, up 9%. Non-GAAP income from operations was $173 million for Q4 and $533 million for the full year.

1. 01

   The company said revenue for Q4 2023 was $1.08 billion, up 5% year-over-year, and full-year revenue was $4.15 billion, up 9%. Non-GAAP income from operations was $173 million for Q4 and $533 million for the full year.

2. 02

   The company said GAAP loss from operations was $361.7 million for Q4 2023 (compared with $218.6 million a year earlier) and $876.5 million for the full year (compared with $1.21 billion in 2022). It recorded a $285.7 million impairment related to intangible assets acquired in the Segment acquisition in Q4.

3. 03

   The company said net cash provided by operating activities for the full year 2023 was $414.8 million, and free cash flow was $363.5 million. For Q4, the figures were $222.5 million and $210.9 million, respectively.

4. 04

   The company gave guidance for Q1 2024 of revenue of $1,025 to $1,035 (in millions) and non-GAAP income from operations of $120 to $130 (in millions). It said it would provide full-year outlook after the Segment operational review is completed in March 2024.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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