| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $712M | $592M | $652M | 20.3% | 9.2% |
| Op. Income | $12M | -$8M | $18M | 239.3% | -33.9% |
| Gross Margin | 22.1% | 23.6% | 24.3% | -1.6pp | -2.2pp |
| Net Margin | 0.1% | -2.2% | 1.0% | 2.3pp | -0.9pp |
| EPS (Diluted) | $0.01 | $-0.12 | $0.06 | 105.8% | -88.3% |
| Free Cash Flow | $29M | -$51M | $60M | 157.1% | -51.6% |
| Item | Amount |
|---|---|
| REVENUE | $712M |
| Cost of Revenue | $555M |
| GROSS PROFIT | $157M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $133M |
| Other Expenses | $12M |
| Operating Expenses | $145M |
| Cost & Expenses | $700M |
| OPERATING INCOME | $12M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $600.0K |
| Income Tax Expense | -$100.0K |
| Net Income from Continuing Ops | $700.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $700.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $700.0K |
| D&A | $36M |
| EBIT | $10M |
| EBITDA | $46M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $712M |
| Cost of Revenue | $555M |
| GROSS PROFIT | $157M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $133M |
| Other Expenses | $12M |
| Operating Expenses | $145M |
| Cost & Expenses | $700M |
| OPERATING INCOME | $12M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $600.0K |
| Income Tax Expense | -$100.0K |
| Net Income from Continuing Ops | $700.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $700.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $700.0K |
| D&A | $36M |
| EBIT | $10M |
| EBITDA | $46M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $700.0K |
| Depreciation & Amortization | $37M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $26M |
| OPERATING CASH FLOW | $65M |
| Capital Expenditure | -$36M |
| Acquisitions (Net) | -$78M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$112M |
| Net Debt Issuance | $48M |
| Common Stock Repurchased | -$89M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$40M |
| FREE CASH FLOW | $29M |
| Net Change in Cash | -$87M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $46M |
| Short-Term Investments | $0 |
| Net Receivables | $509M |
| Inventory | $0 |
| Other Current Assets | $110M |
| TOTAL CURRENT ASSETS | $664M |
| PP&E (Net) | $381M |
| Goodwill | $2.0B |
| Intangible Assets | $189M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $43M |
| TOTAL NON-CURRENT ASSETS | $2.6B |
| TOTAL ASSETS | $3.3B |
| Account Payables | $158M |
| Short-Term Debt | $10M |
| Deferred Revenue | $82M |
| Other Current Liabilities | $48M |
| TOTAL CURRENT LIABILITIES | $526M |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $58M |
| Other Non-Current Liabilities | $137M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | -$154M |
| Treasury Stock | -$95M |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $3.3B |
| Total Debt | $1.4B |
| Net Debt | $1.3B |
