| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.5B | $2.5B | — | 1.5% | — |
| Op. Income | $9M | $70M | — | -87.6% | — |
| Gross Margin | 73.7% | 76.1% | — | -2.4pp | — |
| Net Margin | 0.3% | 2.1% | — | -1.8pp | — |
| EPS (Diluted) | $0.14 | $0.95 | — | -85.3% | — |
| Free Cash Flow | $601M | $127M | — | 374.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $671M |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $1.9B |
| Operating Expenses | $1.9B |
| Cost & Expenses | $2.5B |
| OPERATING INCOME | $9M |
| Interest Income | $0 |
| Interest Expense | $26M |
| Other Income/Expenses | -$200.0K |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $45M |
| EBIT | $35M |
| EBITDA | $80M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $671M |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $1.9B |
| Operating Expenses | $1.9B |
| Cost & Expenses | $2.5B |
| OPERATING INCOME | $9M |
| Interest Income | $0 |
| Interest Expense | $26M |
| Other Income/Expenses | -$200.0K |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $45M |
| EBIT | $35M |
| EBITDA | $80M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $45M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | $51M |
| Other Non-Cash Items | $68M |
| Change in Working Capital | $459M |
| OPERATING CASH FLOW | $648M |
| Capital Expenditure | -$47M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$833M |
| Sales/Maturities of Investments | $649M |
| Other Investing Activities | -$11M |
| NET CASH FROM INVESTING | -$242M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$91M |
| Common Dividends Paid | -$37M |
| Other Financing Activities | -$15M |
| NET CASH FROM FINANCING | -$142M |
| FREE CASH FLOW | $601M |
| Net Change in Cash | $248M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $6.4B |
| Net Receivables | $9.9B |
| Inventory | $0 |
| Other Current Assets | -$17.7B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $618M |
| Goodwill | $2.5B |
| Intangible Assets | $955M |
| Long-Term Investments | $6.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$10.8B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $33.2B |
| Account Payables | $3.5B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$4.2B |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $2.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$2.1B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $29.1B |
| Common Stock | $600.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $3.7B |
| Treasury Stock | -$123M |
| Accum. Other Comp. Income | -$1.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.1B |
| TOTAL LIABILITIES & EQUITY | $33.2B |
| Total Debt | $2.1B |
| Net Debt | $700M |
