| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | — | $1.4B | — | 8.2% |
| Op. Income | $157M | — | $365M | — | -57.0% |
| Gross Margin | 30.2% | — | 50.1% | — | -20.0pp |
| Net Margin | 9.4% | — | 22.9% | — | -13.5pp |
| EPS (Diluted) | $0.30 | — | $0.68 | — | -55.9% |
| Free Cash Flow | -$8M | — | -$2.7B | — | 99.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $458M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $197M |
| SG&A Expenses | $203M |
| Other Expenses | $98M |
| Operating Expenses | $301M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $157M |
| Interest Income | $1.1B |
| Interest Expense | $927M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $157M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $149M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $143M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $143M |
| D&A | $39M |
| EBIT | $157M |
| EBITDA | $196M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $458M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $197M |
| SG&A Expenses | $203M |
| Other Expenses | $98M |
| Operating Expenses | $301M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $157M |
| Interest Income | $1.1B |
| Interest Expense | $927M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $157M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $149M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $143M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $143M |
| D&A | $39M |
| EBIT | $157M |
| EBITDA | $196M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $143M |
| Depreciation & Amortization | $39M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $8M |
| Other Non-Cash Items | -$273M |
| Change in Working Capital | $91M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | $1M |
| Purchases of Investments | -$598M |
| Sales/Maturities of Investments | $596M |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | -$22M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$546M |
| Other Financing Activities | $225M |
| NET CASH FROM FINANCING | -$343M |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | -$340M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.6B |
| Short-Term Investments | $7.9B |
| Net Receivables | $1.7B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $13.4B |
| PP&E (Net) | $400M |
| Goodwill | $0 |
| Intangible Assets | $106M |
| Long-Term Investments | $59.7B |
| Tax Assets | $363M |
| Other Non-Current Assets | $3.4B |
| TOTAL NON-CURRENT ASSETS | $63.9B |
| TOTAL ASSETS | $77.3B |
| Account Payables | $682M |
| Short-Term Debt | $457M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $30.0B |
| TOTAL CURRENT LIABILITIES | $31.2B |
| Long-Term Debt | $12.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.1K |
| Other Non-Current Liabilities | $28.5B |
| TOTAL NON-CURRENT LIABILITIES | $41.3B |
| TOTAL LIABILITIES | $72.5B |
| Common Stock | $1.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $339M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3.4B |
| Other Equity | -$94M |
| TOTAL STOCKHOLDERS' EQUITY | $4.7B |
| Minority Interest | $134M |
| TOTAL EQUITY | $4.8B |
| TOTAL LIABILITIES & EQUITY | $77.3B |
| Total Debt | $13.3B |
| Net Debt | $9.7B |
