| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.9B | $1.5B | $1.7B | 33.1% | 15.8% |
| Op. Income | $210M | $206M | $267M | 1.9% | -21.3% |
| Gross Margin | 13.6% | 14.4% | 16.2% | -0.8pp | -2.7pp |
| Net Margin | 8.5% | 11.4% | 13.0% | -2.9pp | -4.6pp |
| EPS (Diluted) | $1.93 | $1.96 | $2.56 | -1.5% | -24.6% |
| Free Cash Flow | $492M | -$24M | $428M | 2150.0% | 15.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $264M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $54M |
| Operating Expenses | $54M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $210M |
| Interest Income | $9M |
| Interest Expense | $19M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $210M |
| Income Tax Expense | $45M |
| Net Income from Continuing Ops | $165M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $165M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $165M |
| D&A | $25M |
| EBIT | $229M |
| EBITDA | $254M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $264M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $54M |
| Operating Expenses | $54M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $210M |
| Interest Income | $9M |
| Interest Expense | $19M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $210M |
| Income Tax Expense | $45M |
| Net Income from Continuing Ops | $165M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $165M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $165M |
| D&A | $25M |
| EBIT | $229M |
| EBITDA | $254M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $165M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $27M |
| Change in Working Capital | $312M |
| OPERATING CASH FLOW | $529M |
| Capital Expenditure | -$37M |
| Acquisitions (Net) | -$10M |
| Purchases of Investments | -$1.4B |
| Sales/Maturities of Investments | $825M |
| Other Investing Activities | $44M |
| NET CASH FROM INVESTING | -$561M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | -$47M |
| Other Financing Activities | -$89M |
| NET CASH FROM FINANCING | -$141M |
| FREE CASH FLOW | $492M |
| Net Change in Cash | -$173M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $794M |
| Short-Term Investments | $0 |
| Net Receivables | $1.7B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $104M |
| Goodwill | $246M |
| Intangible Assets | $111M |
| Long-Term Investments | $13.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $7.8B |
| TOTAL NON-CURRENT ASSETS | $21.8B |
| TOTAL ASSETS | $24.2B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $2.6B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.6B |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $15.9B |
| TOTAL NON-CURRENT LIABILITIES | $17.7B |
| TOTAL LIABILITIES | $20.3B |
| Common Stock | $85M |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $3.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$602M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.9B |
| TOTAL LIABILITIES & EQUITY | $24.2B |
| Total Debt | $1.8B |
| Net Debt | $975M |
