| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.3B | $1.4B | 8.3% | 0.1% |
| Op. Income | -$2M | $29M | $44M | -107.6% | -104.9% |
| Gross Margin | 13.5% | 18.6% | 16.3% | -5.1pp | -2.8pp |
| Net Margin | -0.7% | 2.8% | 4.0% | -3.4pp | -4.7pp |
| EPS (Diluted) | $-0.02 | $0.32 | $0.56 | -106.7% | -103.8% |
| Free Cash Flow | $403M | $374M | $475M | 7.9% | -15.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $184M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $158M |
| SG&A Expenses | $158M |
| Other Expenses | $28M |
| Operating Expenses | $186M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | -$363.0K |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$17M |
| D&A | $21M |
| EBIT | $14M |
| EBITDA | $35M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $167M |
| Change in Working Capital | $210M |
| OPERATING CASH FLOW | $403M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.7B |
| Sales/Maturities of Investments | $1.6B |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$72M |
| Net Debt Issuance | $79M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$36M |
| Other Financing Activities | -$342.0K |
| NET CASH FROM FINANCING | $35M |
| FREE CASH FLOW | $403M |
| Net Change in Cash | $337M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $10.9B |
| Net Receivables | $8.6B |
| Inventory | $0 |
| Other Current Assets | -$22.2B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $97M |
| Goodwill | $101M |
| Intangible Assets | $201M |
| Long-Term Investments | $12.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$12.6B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $27.1B |
| Account Payables | $1.6B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$1.6B |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$1.5B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $22.8B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.4B |
| Retained Earnings | $6.2B |
| Treasury Stock | -$3.8B |
| Accum. Other Comp. Income | -$1.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.3B |
| TOTAL LIABILITIES & EQUITY | $27.1B |
| Total Debt | $1.5B |
| Net Debt | $286M |
