| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $974M | — | $1.1B | — | -9.4% |
| Op. Income | $55M | — | $148M | — | -62.6% |
| Gross Margin | 39.5% | — | 41.4% | — | -1.9pp |
| Net Margin | 4.5% | — | 10.8% | — | -6.3pp |
| EPS (Diluted) | $0.37 | — | $0.93 | — | -60.2% |
| Free Cash Flow | $161M | — | $119M | — | 34.9% |
| Item | Amount |
|---|---|
| REVENUE | $974M |
| Cost of Revenue | $589M |
| GROSS PROFIT | $384M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $329M |
| Operating Expenses | $329M |
| Cost & Expenses | $918M |
| OPERATING INCOME | $55M |
| Interest Income | $0 |
| Interest Expense | $48M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $55M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $43M |
| D&A | $40M |
| EBIT | $103M |
| EBITDA | $143M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $974M |
| Cost of Revenue | $589M |
| GROSS PROFIT | $384M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $329M |
| Operating Expenses | $329M |
| Cost & Expenses | $918M |
| OPERATING INCOME | $55M |
| Interest Income | $0 |
| Interest Expense | $48M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $55M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $43M |
| D&A | $40M |
| EBIT | $103M |
| EBITDA | $143M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $43M |
| Depreciation & Amortization | $40M |
| Stock-Based Compensation | $25M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | -$62M |
| Change in Working Capital | $117M |
| OPERATING CASH FLOW | $161M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$966M |
| Sales/Maturities of Investments | $774M |
| Other Investing Activities | -$22M |
| NET CASH FROM INVESTING | -$213M |
| Net Debt Issuance | -$11M |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | -$16M |
| Other Financing Activities | $174M |
| NET CASH FROM FINANCING | $144M |
| FREE CASH FLOW | $161M |
| Net Change in Cash | $91M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $69M |
| Short-Term Investments | $20.4B |
| Net Receivables | $5.3B |
| Inventory | $0 |
| Other Current Assets | -$25.7B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $21.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$21.8B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $33.1B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $3.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$3.9B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $31.4B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | $1.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $33.1B |
| Total Debt | $3.9B |
| Net Debt | $3.8B |
