| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.4B | $4.2B | $5.1B | 5.2% | -14.7% |
| Op. Income | $310M | $253M | $667M | 22.7% | -53.5% |
| Gross Margin | 15.1% | 13.9% | 20.8% | 1.1pp | -5.8pp |
| Net Margin | 5.7% | 4.4% | 10.0% | 1.2pp | -4.3pp |
| EPS (Diluted) | $0.11 | $0.08 | $0.23 | 35.4% | -51.8% |
| Free Cash Flow | -$36M | $493M | -$152M | -107.3% | 76.3% |
| Item | Amount |
|---|---|
| REVENUE | $4.4B |
| Cost of Revenue | $3.7B |
| GROSS PROFIT | $658M |
| R&D Expenses | $199M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $148M |
| Other Expenses | $0 |
| Operating Expenses | $347M |
| Cost & Expenses | $4.1B |
| OPERATING INCOME | $310M |
| Interest Income | $0 |
| Interest Expense | $35M |
| Other Income/Expenses | $14M |
| INCOME BEFORE TAX | $324M |
| Income Tax Expense | $61M |
| Net Income from Continuing Ops | $263M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $248M |
| Net Income Deductions | $3M |
| BOTTOM LINE NET INCOME | $245M |
| D&A | $456M |
| EBIT | $360M |
| EBITDA | $816M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4.4B |
| Cost of Revenue | $3.7B |
| GROSS PROFIT | $658M |
| R&D Expenses | $199M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $148M |
| Other Expenses | $0 |
| Operating Expenses | $347M |
| Cost & Expenses | $4.1B |
| OPERATING INCOME | $310M |
| Interest Income | $0 |
| Interest Expense | $35M |
| Other Income/Expenses | $14M |
| INCOME BEFORE TAX | $324M |
| Income Tax Expense | $61M |
| Net Income from Continuing Ops | $263M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $248M |
| Net Income Deductions | $3M |
| BOTTOM LINE NET INCOME | $245M |
| D&A | $456M |
| EBIT | $360M |
| EBITDA | $816M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $248M |
| Depreciation & Amortization | $456M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$219M |
| Change in Working Capital | -$118M |
| OPERATING CASH FLOW | $366M |
| Capital Expenditure | -$402M |
| Acquisitions (Net) | -$25M |
| Purchases of Investments | -$73M |
| Sales/Maturities of Investments | $913.4K |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$496M |
| Net Debt Issuance | -$109M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | -$114M |
| FREE CASH FLOW | -$36M |
| Net Change in Cash | -$130M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.9B |
| Short-Term Investments | $223M |
| Net Receivables | $3.1B |
| Inventory | $2.5B |
| Other Current Assets | $899M |
| TOTAL CURRENT ASSETS | $8.6B |
| PP&E (Net) | $8.7B |
| Goodwill | $0 |
| Intangible Assets | $2.3B |
| Long-Term Investments | $848M |
| Tax Assets | $0 |
| Other Non-Current Assets | $954M |
| TOTAL NON-CURRENT ASSETS | $12.7B |
| TOTAL ASSETS | $21.3B |
| Account Payables | $2.1B |
| Short-Term Debt | $1.8B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.2B |
| TOTAL CURRENT LIABILITIES | $7.1B |
| Long-Term Debt | $3.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $812M |
| TOTAL NON-CURRENT LIABILITIES | $4.7B |
| TOTAL LIABILITIES | $11.9B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $8.8B |
| TOTAL STOCKHOLDERS' EQUITY | $8.8B |
| Minority Interest | $595M |
| TOTAL EQUITY | $9.4B |
| TOTAL LIABILITIES & EQUITY | $21.3B |
| Total Debt | $5.7B |
| Net Debt | $3.8B |
