| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $653M | $681M | $604M | -4.1% | 8.2% |
| Op. Income | $19M | -$34M | -$49M | 156.4% | 139.3% |
| Gross Margin | 19.8% | 19.1% | 21.9% | 0.7pp | -2.1pp |
| Net Margin | -4.3% | -12.4% | 28.9% | 8.1pp | -33.2pp |
| EPS (Diluted) | $-0.15 | $-0.45 | $0.89 | 66.7% | -116.9% |
| Free Cash Flow | $10M | -$45M | -$37M | 121.6% | 126.5% |
| Item | Amount |
|---|---|
| REVENUE | $653M |
| Cost of Revenue | $524M |
| GROSS PROFIT | $129M |
| R&D Expenses | $0 |
| Selling & Marketing | $43M |
| General & Administrative | $41M |
| SG&A Expenses | $84M |
| Other Expenses | $26M |
| Operating Expenses | $110M |
| Cost & Expenses | $634M |
| OPERATING INCOME | $19M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | -$48M |
| INCOME BEFORE TAX | -$29M |
| Income Tax Expense | -$300.0K |
| Net Income from Continuing Ops | -$28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$28M |
| D&A | $87M |
| EBIT | -$42M |
| EBITDA | $45M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$28M |
| Depreciation & Amortization | $88M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$630.0K |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $64M |
| Capital Expenditure | -$54M |
| Acquisitions (Net) | -$25.0K |
| Purchases of Investments | -$25M |
| Sales/Maturities of Investments | $101M |
| Other Investing Activities | -$278.0K |
| NET CASH FROM INVESTING | $23M |
| Net Debt Issuance | -$18M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$20M |
| FREE CASH FLOW | $10M |
| Net Change in Cash | $66M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $299M |
| Short-Term Investments | $90M |
| Net Receivables | $52M |
| Inventory | $0 |
| Other Current Assets | $37M |
| TOTAL CURRENT ASSETS | $581M |
| PP&E (Net) | $5.3B |
| Goodwill | $27M |
| Intangible Assets | $0 |
| Long-Term Investments | $58M |
| Tax Assets | $2M |
| Other Non-Current Assets | $84M |
| TOTAL NON-CURRENT ASSETS | $5.5B |
| TOTAL ASSETS | $6.1B |
| Account Payables | $78M |
| Short-Term Debt | $61M |
| Deferred Revenue | $74M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $657M |
| Long-Term Debt | $3.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $82M |
| TOTAL NON-CURRENT LIABILITIES | $4.9B |
| TOTAL LIABILITIES | $5.6B |
| Common Stock | $2M |
| Additional Paid-In Capital | $4.2B |
| Retained Earnings | -$3.6B |
| Treasury Stock | -$103M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $491M |
| Minority Interest | $2M |
| TOTAL EQUITY | $493M |
| TOTAL LIABILITIES & EQUITY | $6.1B |
| Total Debt | $5.1B |
| Net Debt | $4.8B |
