| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.5B | $2.8B | $1.9B | -12.3% | 30.5% |
| Op. Income | $23M | $62M | $39M | -62.9% | -41.0% |
| Gross Margin | 22.9% | 31.2% | 21.6% | -8.3pp | 1.2pp |
| Net Margin | 0.9% | 1.4% | 0.9% | -0.5pp | -0.1pp |
| EPS (Diluted) | $0.17 | $0.31 | $0.14 | -45.2% | 21.4% |
| Free Cash Flow | -$715M | -$141M | $27M | -407.1% | -2748.1% |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $567M |
| R&D Expenses | $0 |
| Selling & Marketing | $77M |
| General & Administrative | $0 |
| SG&A Expenses | $77M |
| Other Expenses | $467M |
| Operating Expenses | $544M |
| Cost & Expenses | $2.5B |
| OPERATING INCOME | $23M |
| Interest Income | $18M |
| Interest Expense | $18M |
| Other Income/Expenses | $12M |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $105M |
| EBIT | $135M |
| EBITDA | $240M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $567M |
| R&D Expenses | $0 |
| Selling & Marketing | $77M |
| General & Administrative | $0 |
| SG&A Expenses | $77M |
| Other Expenses | $467M |
| Operating Expenses | $544M |
| Cost & Expenses | $2.5B |
| OPERATING INCOME | $23M |
| Interest Income | $18M |
| Interest Expense | $18M |
| Other Income/Expenses | $12M |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $105M |
| EBIT | $135M |
| EBITDA | $240M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $22M |
| Depreciation & Amortization | $105M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $22M |
| Other Non-Cash Items | $98M |
| Change in Working Capital | -$247M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$724M |
| Acquisitions (Net) | -$394M |
| Purchases of Investments | -$127M |
| Sales/Maturities of Investments | $521M |
| Other Investing Activities | $394M |
| NET CASH FROM INVESTING | -$330M |
| Net Debt Issuance | -$52M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $23M |
| NET CASH FROM FINANCING | -$29M |
| FREE CASH FLOW | -$715M |
| Net Change in Cash | -$350M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $338M |
| Short-Term Investments | $2.1B |
| Net Receivables | $296M |
| Inventory | $104M |
| Other Current Assets | $60M |
| TOTAL CURRENT ASSETS | $3.0B |
| PP&E (Net) | $8.7B |
| Goodwill | $2.0B |
| Intangible Assets | $0 |
| Long-Term Investments | $49M |
| Tax Assets | $1.2B |
| Other Non-Current Assets | $331M |
| TOTAL NON-CURRENT ASSETS | $12.3B |
| TOTAL ASSETS | $15.3B |
| Account Payables | $221M |
| Short-Term Debt | $504M |
| Deferred Revenue | $2.3B |
| Other Current Liabilities | $846M |
| TOTAL CURRENT LIABILITIES | $4.5B |
| Long-Term Debt | $1.9B |
| Deferred Revenue NC | $1.4B |
| Deferred Tax Liabilities | $1.7B |
| Other Non-Current Liabilities | $653M |
| TOTAL NON-CURRENT LIABILITIES | $7.0B |
| TOTAL LIABILITIES | $11.5B |
| Common Stock | $1M |
| Additional Paid-In Capital | $577M |
| Retained Earnings | $4.3B |
| Treasury Stock | -$674M |
| Accum. Other Comp. Income | -$388M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.8B |
| TOTAL LIABILITIES & EQUITY | $15.3B |
| Total Debt | $3.8B |
| Net Debt | $3.4B |
