| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $696M | $653M | $609M | 6.5% | 14.3% |
| Op. Income | $26M | $19M | -$54M | 33.8% | 147.6% |
| Gross Margin | 18.5% | 19.8% | 20.6% | -1.3pp | -2.1pp |
| Net Margin | -3.7% | -4.3% | -13.4% | 0.7pp | 9.7pp |
| EPS (Diluted) | $-0.13 | $-0.15 | $-0.44 | 13.3% | 70.5% |
| Free Cash Flow | -$95M | $10M | -$132M | -1068.5% | 28.2% |
| Item | Amount |
|---|---|
| REVENUE | $696M |
| Cost of Revenue | $567M |
| GROSS PROFIT | $129M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $81M |
| SG&A Expenses | $81M |
| Other Expenses | $22M |
| Operating Expenses | $103M |
| Cost & Expenses | $670M |
| OPERATING INCOME | $26M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | -$52M |
| INCOME BEFORE TAX | -$26M |
| Income Tax Expense | -$473.0K |
| Net Income from Continuing Ops | -$26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$26M |
| D&A | $90M |
| EBIT | $40M |
| EBITDA | $130M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$26M |
| Depreciation & Amortization | $90M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $744.0K |
| Other Non-Cash Items | -$76M |
| Change in Working Capital | -$42M |
| OPERATING CASH FLOW | -$49M |
| Capital Expenditure | -$46M |
| Acquisitions (Net) | -$26.0K |
| Purchases of Investments | -$34M |
| Sales/Maturities of Investments | $75M |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | $5M |
| Common Stock Repurchased | -$11.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $133M |
| NET CASH FROM FINANCING | $138M |
| FREE CASH FLOW | -$95M |
| Net Change in Cash | $80M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $399M |
| Short-Term Investments | $49M |
| Net Receivables | $56M |
| Inventory | $0 |
| Other Current Assets | $134M |
| TOTAL CURRENT ASSETS | $637M |
| PP&E (Net) | $5.1B |
| Goodwill | $27M |
| Intangible Assets | $0 |
| Long-Term Investments | $55M |
| Tax Assets | $2M |
| Other Non-Current Assets | $83M |
| TOTAL NON-CURRENT ASSETS | $5.3B |
| TOTAL ASSETS | $5.9B |
| Account Payables | $71M |
| Short-Term Debt | $66M |
| Deferred Revenue | $66M |
| Other Current Liabilities | $66M |
| TOTAL CURRENT LIABILITIES | $641M |
| Long-Term Debt | $3.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $86M |
| TOTAL NON-CURRENT LIABILITIES | $4.7B |
| TOTAL LIABILITIES | $5.4B |
| Common Stock | $2M |
| Additional Paid-In Capital | $4.3B |
| Retained Earnings | -$3.6B |
| Treasury Stock | -$103M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $583M |
| Minority Interest | $2M |
| TOTAL EQUITY | $584M |
| TOTAL LIABILITIES & EQUITY | $5.9B |
| Total Debt | $4.9B |
| Net Debt | $4.5B |
