| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $723M | $747M | $674M | -3.2% | 7.4% |
| Op. Income | $40M | $45M | $33M | -9.6% | 21.7% |
| Gross Margin | 26.1% | 25.3% | 26.7% | 0.8pp | -0.7pp |
| Net Margin | 2.1% | 1.4% | 4.0% | 0.7pp | -1.9pp |
| EPS (Diluted) | $0.16 | $0.12 | $0.25 | 33.3% | -36.0% |
| Free Cash Flow | $22M | -$500.0K | -$2M | 4500.0% | 1566.7% |
| Item | Amount |
|---|---|
| REVENUE | $723M |
| Cost of Revenue | $535M |
| GROSS PROFIT | $189M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $135M |
| Other Expenses | $13M |
| Operating Expenses | $148M |
| Cost & Expenses | $683M |
| OPERATING INCOME | $40M |
| Interest Income | $0 |
| Interest Expense | $19M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $40M |
| EBIT | $40M |
| EBITDA | $80M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $723M |
| Cost of Revenue | $535M |
| GROSS PROFIT | $189M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $135M |
| Other Expenses | $13M |
| Operating Expenses | $148M |
| Cost & Expenses | $683M |
| OPERATING INCOME | $40M |
| Interest Income | $0 |
| Interest Expense | $19M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $40M |
| EBIT | $40M |
| EBITDA | $80M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $40M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | $500.0K |
| Change in Working Capital | -$26M |
| OPERATING CASH FLOW | $41M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | -$4M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$22M |
| Net Debt Issuance | -$218M |
| Common Stock Repurchased | -$100.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $192M |
| NET CASH FROM FINANCING | -$26M |
| FREE CASH FLOW | $22M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $20M |
| Short-Term Investments | $0 |
| Net Receivables | $528M |
| Inventory | $0 |
| Other Current Assets | $129M |
| TOTAL CURRENT ASSETS | $677M |
| PP&E (Net) | $410M |
| Goodwill | $2.0B |
| Intangible Assets | $174M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $35M |
| TOTAL NON-CURRENT ASSETS | $2.6B |
| TOTAL ASSETS | $3.3B |
| Account Payables | $151M |
| Short-Term Debt | $12M |
| Deferred Revenue | $59M |
| Other Current Liabilities | $46M |
| TOTAL CURRENT LIABILITIES | $488M |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $69M |
| Other Non-Current Liabilities | $140M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | -$128M |
| Treasury Stock | -$168M |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $3.3B |
| Total Debt | $1.4B |
| Net Debt | $1.4B |
