| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $971M | $868M | $1.0B | 11.9% | -6.8% |
| Op. Income | $91M | $35M | $145M | 160.9% | -37.2% |
| Gross Margin | 41.2% | 35.7% | 42.9% | 5.5pp | -1.7pp |
| Net Margin | 5.9% | 1.2% | 9.9% | 4.7pp | -4.0pp |
| EPS (Diluted) | $0.39 | $0.07 | $0.66 | 457.9% | -40.9% |
| Free Cash Flow | -$38M | -$227M | $243M | 83.1% | -115.8% |
| Item | Amount |
|---|---|
| REVENUE | $971M |
| Cost of Revenue | $571M |
| GROSS PROFIT | $400M |
| R&D Expenses | $139M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $170M |
| Other Expenses | $0 |
| Operating Expenses | $309M |
| Cost & Expenses | $880M |
| OPERATING INCOME | $91M |
| Interest Income | $5M |
| Interest Expense | $14M |
| Other Income/Expenses | -$26M |
| INCOME BEFORE TAX | $65M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $58M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $58M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $58M |
| D&A | $35M |
| EBIT | $79M |
| EBITDA | $115M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $971M |
| Cost of Revenue | $571M |
| GROSS PROFIT | $400M |
| R&D Expenses | $139M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $170M |
| Other Expenses | $0 |
| Operating Expenses | $309M |
| Cost & Expenses | $880M |
| OPERATING INCOME | $91M |
| Interest Income | $5M |
| Interest Expense | $14M |
| Other Income/Expenses | -$26M |
| INCOME BEFORE TAX | $65M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $58M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $58M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $58M |
| D&A | $35M |
| EBIT | $79M |
| EBITDA | $115M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $58M |
| Depreciation & Amortization | $35M |
| Stock-Based Compensation | $27M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | $10M |
| Change in Working Capital | -$137M |
| OPERATING CASH FLOW | -$15M |
| Capital Expenditure | -$24M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$30M |
| Sales/Maturities of Investments | $239M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $186M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$20M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$325.0K |
| NET CASH FROM FINANCING | -$23M |
| FREE CASH FLOW | -$38M |
| Net Change in Cash | $135M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $994M |
| Short-Term Investments | $154M |
| Net Receivables | $1.1B |
| Inventory | $947M |
| Other Current Assets | $71M |
| TOTAL CURRENT ASSETS | $3.4B |
| PP&E (Net) | $313M |
| Goodwill | $328M |
| Intangible Assets | $70M |
| Long-Term Investments | $56M |
| Tax Assets | $824M |
| Other Non-Current Assets | $93M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $5.1B |
| Account Payables | $516M |
| Short-Term Debt | $7M |
| Deferred Revenue | $138M |
| Other Current Liabilities | $193M |
| TOTAL CURRENT LIABILITIES | $1.0B |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $62M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $97M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $1M |
| Additional Paid-In Capital | $6.4B |
| Retained Earnings | -$3.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$47M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $5.1B |
| Total Debt | $1.2B |
| Net Debt | $192M |
