| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.8B | $2.7B | $2.0B | 6.4% | 44.8% |
| Op. Income | $62M | $187M | $258M | -66.8% | -76.0% |
| Gross Margin | 31.2% | 29.4% | 28.8% | 1.8pp | 2.4pp |
| Net Margin | 1.4% | 5.2% | 9.9% | -3.8pp | -8.5pp |
| EPS (Diluted) | $0.31 | $1.09 | $1.53 | -71.6% | -79.7% |
| Free Cash Flow | -$141M | $604M | -$194M | -123.3% | 27.3% |
| Item | Amount |
|---|---|
| REVENUE | $2.8B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $882M |
| R&D Expenses | $0 |
| Selling & Marketing | $82M |
| General & Administrative | $0 |
| SG&A Expenses | $82M |
| Other Expenses | $738M |
| Operating Expenses | $820M |
| Cost & Expenses | $2.8B |
| OPERATING INCOME | $62M |
| Interest Income | $17M |
| Interest Expense | $28M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $65M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $40M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $40M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $40M |
| D&A | $104M |
| EBIT | $480M |
| EBITDA | $584M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.8B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $882M |
| R&D Expenses | $0 |
| Selling & Marketing | $82M |
| General & Administrative | $0 |
| SG&A Expenses | $82M |
| Other Expenses | $738M |
| Operating Expenses | $820M |
| Cost & Expenses | $2.8B |
| OPERATING INCOME | $62M |
| Interest Income | $17M |
| Interest Expense | $28M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $65M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $40M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $40M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $40M |
| D&A | $104M |
| EBIT | $480M |
| EBITDA | $584M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $40M |
| Depreciation & Amortization | $104M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $155M |
| Change in Working Capital | -$138M |
| OPERATING CASH FLOW | $174M |
| Capital Expenditure | -$315M |
| Acquisitions (Net) | -$148M |
| Purchases of Investments | -$260M |
| Sales/Maturities of Investments | $408M |
| Other Investing Activities | $148M |
| NET CASH FROM INVESTING | -$167M |
| Net Debt Issuance | -$94M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$90M |
| FREE CASH FLOW | -$141M |
| Net Change in Cash | -$83M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $688M |
| Short-Term Investments | $2.5B |
| Net Receivables | $345M |
| Inventory | $94M |
| Other Current Assets | $221M |
| TOTAL CURRENT ASSETS | $3.8B |
| PP&E (Net) | $8.3B |
| Goodwill | $2.0B |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $422M |
| TOTAL NON-CURRENT ASSETS | $10.7B |
| TOTAL ASSETS | $14.5B |
| Account Payables | $202M |
| Short-Term Debt | $584M |
| Deferred Revenue | $2.5B |
| Other Current Liabilities | $805M |
| TOTAL CURRENT LIABILITIES | $4.7B |
| Long-Term Debt | $1.9B |
| Deferred Revenue NC | $1.4B |
| Deferred Tax Liabilities | $571M |
| Other Non-Current Liabilities | $641M |
| TOTAL NON-CURRENT LIABILITIES | $6.0B |
| TOTAL LIABILITIES | $10.7B |
| Common Stock | $1M |
| Additional Paid-In Capital | $549M |
| Retained Earnings | $4.3B |
| Treasury Stock | -$674M |
| Accum. Other Comp. Income | -$328M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.8B |
| TOTAL LIABILITIES & EQUITY | $14.5B |
| Total Debt | $4.0B |
| Net Debt | $3.3B |
