| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $489M | $457M | $280M | 7.0% | 74.3% |
| Op. Income | $79M | $72M | $87M | 9.5% | -10.1% |
| Gross Margin | 45.8% | 49.2% | 76.6% | -3.4pp | -30.8pp |
| Net Margin | 11.9% | 11.6% | 23.5% | 0.3pp | -11.6pp |
| EPS (Diluted) | $0.78 | $0.70 | $0.82 | 11.4% | -4.9% |
| Free Cash Flow | $282M | $141M | $598M | 99.6% | -52.8% |
| Item | Amount |
|---|---|
| REVENUE | $489M |
| Cost of Revenue | $265M |
| GROSS PROFIT | $224M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $75M |
| SG&A Expenses | $75M |
| Other Expenses | $70M |
| Operating Expenses | $145M |
| Cost & Expenses | $410M |
| OPERATING INCOME | $79M |
| Interest Income | $463M |
| Interest Expense | $250M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $79M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $58M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $58M |
| Net Income Deductions | -$1.0K |
| BOTTOM LINE NET INCOME | $57M |
| D&A | $19M |
| EBIT | $79M |
| EBITDA | $97M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $489M |
| Cost of Revenue | $265M |
| GROSS PROFIT | $224M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $75M |
| SG&A Expenses | $75M |
| Other Expenses | $70M |
| Operating Expenses | $145M |
| Cost & Expenses | $410M |
| OPERATING INCOME | $79M |
| Interest Income | $463M |
| Interest Expense | $250M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $79M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $58M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $58M |
| Net Income Deductions | -$1.0K |
| BOTTOM LINE NET INCOME | $57M |
| D&A | $19M |
| EBIT | $79M |
| EBITDA | $97M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $58M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $104M |
| Change in Working Capital | $104M |
| OPERATING CASH FLOW | $282M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$61M |
| Sales/Maturities of Investments | $490M |
| Other Investing Activities | $165M |
| NET CASH FROM INVESTING | $594M |
| Net Debt Issuance | -$1.6B |
| Common Stock Repurchased | -$132.0K |
| Common Dividends Paid | -$20M |
| Other Financing Activities | $115M |
| NET CASH FROM FINANCING | -$1.5B |
| FREE CASH FLOW | $282M |
| Net Change in Cash | -$603M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $301M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $301M |
| PP&E (Net) | $515M |
| Goodwill | $78M |
| Intangible Assets | $0 |
| Long-Term Investments | $33.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.1B |
| TOTAL NON-CURRENT ASSETS | $35.6B |
| TOTAL ASSETS | $35.9B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $25.8B |
| TOTAL CURRENT LIABILITIES | $25.8B |
| Long-Term Debt | $6.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $816M |
| TOTAL NON-CURRENT LIABILITIES | $7.5B |
| TOTAL LIABILITIES | $33.3B |
| Common Stock | $744.0K |
| Additional Paid-In Capital | $274M |
| Retained Earnings | $2.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$373M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $35.9B |
| Total Debt | $6.7B |
| Net Debt | $6.4B |
