Key First Quarter Financial Highlights
- Record revenue of $1.94 billion, up 37% year-over-year.
- Record gross margin of 24.2% and adjusted gross margin of 25.3%.
- Record operating margin of 11.6% and adjusted operating margin of 14.4%.
- Record net income of $178 million and adjusted net income of $232 million.
- Record adjusted EBITDA margin of 36.0%.
- Cash and cash equivalents of $3.26 billion.