| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $977M | $928M | $1.0B | 5.3% | -5.9% |
| Op. Income | $90M | $72M | $129M | 25.0% | -30.2% |
| Gross Margin | 22.8% | 21.7% | 25.2% | 1.2pp | -2.4pp |
| Net Margin | 1.5% | — | 1.1% | — | 0.5pp |
| EPS (Diluted) | $0.07 | $-0.01 | $0.04 | 592.1% | 71.0% |
| Free Cash Flow | $71M | -$49M | $25M | 244.9% | 184.0% |
| Item | Amount |
|---|---|
| REVENUE | $977M |
| Cost of Revenue | $754M |
| GROSS PROFIT | $223M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $131M |
| Operating Expenses | $133M |
| Cost & Expenses | $887M |
| OPERATING INCOME | $90M |
| Interest Income | $0 |
| Interest Expense | $22M |
| Other Income/Expenses | -$67M |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $8M |
| 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 | $13M |
| D&A | $54M |
| EBIT | $36M |
| EBITDA | $90M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $977M |
| Cost of Revenue | $754M |
| GROSS PROFIT | $223M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $131M |
| Operating Expenses | $133M |
| Cost & Expenses | $887M |
| OPERATING INCOME | $90M |
| Interest Income | $0 |
| Interest Expense | $22M |
| Other Income/Expenses | -$67M |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $8M |
| 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 | $13M |
| D&A | $54M |
| EBIT | $36M |
| EBITDA | $90M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $54M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $11M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | $98M |
| Capital Expenditure | -$27M |
| Acquisitions (Net) | $1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$16M |
| NET CASH FROM INVESTING | -$26M |
| Net Debt Issuance | -$8M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$11M |
| FREE CASH FLOW | $71M |
| Net Change in Cash | $57M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $577M |
| Short-Term Investments | $0 |
| Net Receivables | $867M |
| Inventory | $0 |
| Other Current Assets | $102M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $467M |
| Goodwill | $1.3B |
| Intangible Assets | $335M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $192M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $3.9B |
| Account Payables | $203M |
| Short-Term Debt | $33M |
| Deferred Revenue | $75M |
| Other Current Liabilities | $257M |
| TOTAL CURRENT LIABILITIES | $933M |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $44M |
| Deferred Tax Liabilities | $117M |
| Other Non-Current Liabilities | $182M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $2.7B |
| Common Stock | $2M |
| Additional Paid-In Capital | $3.9B |
| Retained Earnings | -$2.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$513M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $3.9B |
| Total Debt | $1.5B |
| Net Debt | $955M |
