| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $302M | $296M | $1.2B | 2.2% | -74.3% |
| Op. Income | $138M | $272M | $988M | -49.0% | -86.0% |
| Gross Margin | 55.6% | 61.1% | 86.3% | -5.5pp | -30.7pp |
| Net Margin | 7.1% | 160.5% | -36.2% | -153.4pp | 43.3pp |
| EPS (Diluted) | $0.11 | $2.46 | $-2.28 | -95.5% | 104.8% |
| Free Cash Flow | $349.0K | $3M | $131M | -87.3% | -99.7% |
| Item | Amount |
|---|---|
| REVENUE | $302M |
| Cost of Revenue | $134M |
| GROSS PROFIT | $168M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $30M |
| Other Expenses | $0 |
| Operating Expenses | $30M |
| Cost & Expenses | $164M |
| OPERATING INCOME | $138M |
| Interest Income | $0 |
| Interest Expense | $38M |
| Other Income/Expenses | -$119M |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $112M |
| EBIT | $50M |
| EBITDA | $162M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $302M |
| Cost of Revenue | $134M |
| GROSS PROFIT | $168M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $30M |
| Other Expenses | $0 |
| Operating Expenses | $30M |
| Cost & Expenses | $164M |
| OPERATING INCOME | $138M |
| Interest Income | $0 |
| Interest Expense | $38M |
| Other Income/Expenses | -$119M |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $112M |
| EBIT | $50M |
| EBITDA | $162M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $21M |
| Depreciation & Amortization | $112M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $45M |
| Change in Working Capital | $29M |
| OPERATING CASH FLOW | $206M |
| Capital Expenditure | -$206M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $19M |
| NET CASH FROM INVESTING | -$187M |
| Net Debt Issuance | $13M |
| Common Stock Repurchased | -$57M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $9M |
| NET CASH FROM FINANCING | -$34M |
| FREE CASH FLOW | $349.0K |
| Net Change in Cash | -$14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9M |
| Short-Term Investments | $0 |
| Net Receivables | $91M |
| Inventory | $20M |
| Other Current Assets | $166M |
| TOTAL CURRENT ASSETS | $301M |
| PP&E (Net) | $1.6B |
| Goodwill | $323M |
| Intangible Assets | $72M |
| Long-Term Investments | $287M |
| Tax Assets | $0 |
| Other Non-Current Assets | $5.9B |
| TOTAL NON-CURRENT ASSETS | $8.2B |
| TOTAL ASSETS | $8.5B |
| Account Payables | $186M |
| Short-Term Debt | $382M |
| Deferred Revenue | $16M |
| Other Current Liabilities | $378M |
| TOTAL CURRENT LIABILITIES | $991M |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $605M |
| Other Non-Current Liabilities | $989M |
| TOTAL NON-CURRENT LIABILITIES | $3.5B |
| TOTAL LIABILITIES | $4.5B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.4B |
| Retained Earnings | $1.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.0B |
| TOTAL LIABILITIES & EQUITY | $8.5B |
| Total Debt | $2.3B |
| Net Debt | $2.3B |
