| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $989M | $1.1B | $856M | -11.4% | 15.4% |
| Op. Income | $77M | $132M | $98M | -41.7% | -21.3% |
| Gross Margin | 61.1% | 59.3% | 61.3% | 1.8pp | -0.1pp |
| Net Margin | 3.9% | 9.4% | -1.9% | -5.6pp | 5.8pp |
| EPS (Diluted) | $0.19 | $0.53 | $-0.09 | -64.2% | 320.9% |
| Free Cash Flow | -$28M | $19M | $68M | -249.7% | -140.6% |
| Item | Amount |
|---|---|
| REVENUE | $989M |
| Cost of Revenue | $384M |
| GROSS PROFIT | $604M |
| R&D Expenses | $19M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $508M |
| Other Expenses | $0 |
| Operating Expenses | $527M |
| Cost & Expenses | $912M |
| OPERATING INCOME | $77M |
| Interest Income | $0 |
| Interest Expense | $35M |
| Other Income/Expenses | -$38M |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $300.0K |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $74M |
| EBIT | $74M |
| EBITDA | $148M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $989M |
| Cost of Revenue | $384M |
| GROSS PROFIT | $604M |
| R&D Expenses | $19M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $508M |
| Other Expenses | $0 |
| Operating Expenses | $527M |
| Cost & Expenses | $912M |
| OPERATING INCOME | $77M |
| Interest Income | $0 |
| Interest Expense | $35M |
| Other Income/Expenses | -$38M |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $300.0K |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $74M |
| EBIT | $74M |
| EBITDA | $148M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $39M |
| Depreciation & Amortization | $74M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $19M |
| Change in Working Capital | -$47M |
| OPERATING CASH FLOW | $83M |
| Capital Expenditure | -$110M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $400.0K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$111M |
| Net Debt Issuance | $44M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $44M |
| FREE CASH FLOW | -$28M |
| Net Change in Cash | $22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $201M |
| Short-Term Investments | $0 |
| Net Receivables | $312M |
| Inventory | $722M |
| Other Current Assets | $79M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $3.3B |
| Goodwill | $2.0B |
| Intangible Assets | $1.5B |
| Long-Term Investments | $97M |
| Tax Assets | $0 |
| Other Non-Current Assets | $42M |
| TOTAL NON-CURRENT ASSETS | $6.9B |
| TOTAL ASSETS | $8.2B |
| Account Payables | $155M |
| Short-Term Debt | $174M |
| Deferred Revenue | $166M |
| Other Current Liabilities | $414M |
| TOTAL CURRENT LIABILITIES | $1.0B |
| Long-Term Debt | $2.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $107M |
| Other Non-Current Liabilities | -$1.4B |
| TOTAL NON-CURRENT LIABILITIES | $3.4B |
| TOTAL LIABILITIES | $4.4B |
| Common Stock | $2M |
| Additional Paid-In Capital | $3.0B |
| Retained Earnings | $925M |
| Treasury Stock | -$32M |
| Accum. Other Comp. Income | -$93M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.8B |
| TOTAL LIABILITIES & EQUITY | $8.2B |
| Total Debt | $4.8B |
| Net Debt | $4.6B |
