| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $730M | $607M | $582M | 20.2% | 25.4% |
| Op. Income | $120M | $101M | $94M | 18.5% | 26.8% |
| Gross Margin | 19.0% | 20.3% | 19.3% | -1.2pp | -0.2pp |
| Net Margin | -10.2% | -30.4% | 30.1% | 20.1pp | -40.3pp |
| EPS (Diluted) | $-0.11 | $-0.27 | $0.25 | 59.3% | -144.0% |
| Free Cash Flow | $16M | -$220M | -$171M | 107.5% | 109.6% |
| Item | Amount |
|---|---|
| REVENUE | $730M |
| Cost of Revenue | $591M |
| GROSS PROFIT | $139M |
| R&D Expenses | $0 |
| Selling & Marketing | $29.0K |
| General & Administrative | $19M |
| SG&A Expenses | $19M |
| Other Expenses | $0 |
| Operating Expenses | $19M |
| Cost & Expenses | $610M |
| OPERATING INCOME | $120M |
| Interest Income | $5M |
| Interest Expense | $81M |
| Other Income/Expenses | -$223M |
| INCOME BEFORE TAX | -$103M |
| Income Tax Expense | -$29M |
| Net Income from Continuing Ops | -$75M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$75M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$75M |
| D&A | $115M |
| EBIT | -$39M |
| EBITDA | $76M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$75M |
| Depreciation & Amortization | $115M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$21M |
| Other Non-Cash Items | $535M |
| Change in Working Capital | -$42M |
| OPERATING CASH FLOW | $212M |
| Capital Expenditure | -$195M |
| Acquisitions (Net) | $251M |
| Purchases of Investments | -$64M |
| Sales/Maturities of Investments | $40.6K |
| Other Investing Activities | $100M |
| NET CASH FROM INVESTING | $92M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$279.0K |
| Common Dividends Paid | -$99M |
| Other Financing Activities | -$261M |
| NET CASH FROM FINANCING | -$360M |
| FREE CASH FLOW | $16M |
| Net Change in Cash | -$56M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $58M |
| Short-Term Investments | $0 |
| Net Receivables | $528M |
| Inventory | $225M |
| Other Current Assets | $284M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $11.9B |
| Goodwill | $1.3B |
| Intangible Assets | $97M |
| Long-Term Investments | $1.9B |
| Tax Assets | $84M |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $16.5B |
| TOTAL ASSETS | $17.6B |
| Account Payables | $186M |
| Short-Term Debt | $423M |
| Deferred Revenue | $126M |
| Other Current Liabilities | $799M |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $7.1B |
| Deferred Revenue NC | $22M |
| Deferred Tax Liabilities | $565M |
| Other Non-Current Liabilities | $1.3B |
| TOTAL NON-CURRENT LIABILITIES | $8.9B |
| TOTAL LIABILITIES | $10.5B |
| Common Stock | $6.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$997M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$160M |
| Other Equity | $9M |
| TOTAL STOCKHOLDERS' EQUITY | $5.2B |
| Minority Interest | $1.9B |
| TOTAL EQUITY | $7.2B |
| TOTAL LIABILITIES & EQUITY | $17.6B |
| Total Debt | $7.5B |
| Net Debt | $7.5B |
