| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.0B | $922M | 8.1% | 22.1% |
| Op. Income | $91M | $75M | $74M | 21.6% | 23.2% |
| Gross Margin | 14.3% | 13.1% | 13.9% | 1.2pp | 0.4pp |
| Net Margin | 5.3% | 2.7% | 5.1% | 2.6pp | 0.2pp |
| EPS (Diluted) | $0.60 | $0.13 | $0.22 | 361.5% | 172.7% |
| Free Cash Flow | $43M | -$21M | $58M | 302.9% | -25.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $964M |
| GROSS PROFIT | $161M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $68M |
| SG&A Expenses | $68M |
| Other Expenses | $2M |
| Operating Expenses | $70M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $91M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $88M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $60M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $60M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $60M |
| D&A | $37M |
| EBIT | $93M |
| EBITDA | $130M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $964M |
| GROSS PROFIT | $161M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $68M |
| SG&A Expenses | $68M |
| Other Expenses | $2M |
| Operating Expenses | $70M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $91M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $88M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $60M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $60M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $60M |
| D&A | $37M |
| EBIT | $93M |
| EBITDA | $130M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $60M |
| Depreciation & Amortization | $37M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $45M |
| OPERATING CASH FLOW | $148M |
| Capital Expenditure | -$105M |
| Acquisitions (Net) | $25M |
| Purchases of Investments | -$60M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$24M |
| NET CASH FROM INVESTING | -$163M |
| Net Debt Issuance | -$20M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$11M |
| Other Financing Activities | $27M |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $43M |
| Net Change in Cash | -$35M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $166M |
| Short-Term Investments | $85M |
| Net Receivables | $165M |
| Inventory | $54M |
| Other Current Assets | $137M |
| TOTAL CURRENT ASSETS | $608M |
| PP&E (Net) | $1.9B |
| Goodwill | $0 |
| Intangible Assets | $59M |
| Long-Term Investments | $68M |
| Tax Assets | $84M |
| Other Non-Current Assets | $101M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $2.8B |
| Account Payables | $339M |
| Short-Term Debt | $91M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $253M |
| TOTAL CURRENT LIABILITIES | $785M |
| Long-Term Debt | $713M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $90M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $523M |
| Additional Paid-In Capital | $9M |
| Retained Earnings | $510M |
| Treasury Stock | -$19M |
| Accum. Other Comp. Income | -$581M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $442M |
| Minority Interest | $918.0K |
| TOTAL EQUITY | $443M |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $1.6B |
| Net Debt | $1.4B |
