| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.4B | $2.3B | $1.7B | 5.2% | 44.4% |
| Op. Income | $857M | $690M | $685M | 24.3% | 25.2% |
| Gross Margin | 51.2% | 48.9% | 55.5% | 2.3pp | -4.4pp |
| Net Margin | 23.4% | 41.7% | 38.5% | -18.4pp | -15.2pp |
| EPS (Diluted) | $0.61 | $1.04 | $0.70 | -40.8% | -12.5% |
| Free Cash Flow | $201M | $187M | $497M | 7.4% | -59.6% |
| Item | Amount |
|---|---|
| REVENUE | $2.4B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $392M |
| Operating Expenses | $392M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $857M |
| Interest Income | $0 |
| Interest Expense | $151M |
| Other Income/Expenses | -$99M |
| INCOME BEFORE TAX | $759M |
| Income Tax Expense | $189M |
| Net Income from Continuing Ops | $570M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $570M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $570M |
| D&A | $330M |
| EBIT | $910M |
| EBITDA | $1.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.4B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $392M |
| Operating Expenses | $392M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $857M |
| Interest Income | $0 |
| Interest Expense | $151M |
| Other Income/Expenses | -$99M |
| INCOME BEFORE TAX | $759M |
| Income Tax Expense | $189M |
| Net Income from Continuing Ops | $570M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $570M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $570M |
| D&A | $330M |
| EBIT | $910M |
| EBITDA | $1.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $570M |
| Depreciation & Amortization | $330M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$102M |
| Change in Working Capital | -$49M |
| OPERATING CASH FLOW | $751M |
| Capital Expenditure | -$550M |
| Acquisitions (Net) | $9M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$542M |
| Net Debt Issuance | -$116M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$129M |
| Other Financing Activities | -$730.8K |
| NET CASH FROM FINANCING | -$237M |
| FREE CASH FLOW | $201M |
| Net Change in Cash | -$23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $215M |
| Short-Term Investments | $200M |
| Net Receivables | $1.4B |
| Inventory | $291M |
| Other Current Assets | $184M |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $38.2B |
| Goodwill | $13.3B |
| Intangible Assets | $2.2B |
| Long-Term Investments | $401M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.9B |
| TOTAL NON-CURRENT ASSETS | $56.9B |
| TOTAL ASSETS | $59.2B |
| Account Payables | $1.9B |
| Short-Term Debt | $1.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3.2B |
| Long-Term Debt | $15.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $8.2B |
| Other Non-Current Liabilities | $999M |
| TOTAL NON-CURRENT LIABILITIES | $25.1B |
| TOTAL LIABILITIES | $28.3B |
| Common Stock | $18.7B |
| Additional Paid-In Capital | $66M |
| Retained Earnings | $11.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $48M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $30.2B |
| Minority Interest | $691M |
| TOTAL EQUITY | $30.9B |
| TOTAL LIABILITIES & EQUITY | $59.2B |
| Total Debt | $17.2B |
| Net Debt | $17.0B |
