| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $867M | $891M | $572M | -2.6% | 51.7% |
| Op. Income | $193M | $220M | $45M | -12.0% | 331.5% |
| Gross Margin | 33.2% | 35.7% | 21.1% | -2.5pp | 12.1pp |
| Net Margin | 14.0% | 9.9% | 3.5% | 4.1pp | 10.6pp |
| EPS (Diluted) | $3.07 | $2.23 | $0.47 | 37.7% | 553.2% |
| Free Cash Flow | $203M | -$417M | $169M | 148.8% | 20.1% |
| Item | Amount |
|---|---|
| REVENUE | $867M |
| Cost of Revenue | $579M |
| GROSS PROFIT | $288M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $95M |
| Other Expenses | $0 |
| Operating Expenses | $95M |
| Cost & Expenses | $674M |
| OPERATING INCOME | $193M |
| Interest Income | $9M |
| Interest Expense | $24M |
| Other Income/Expenses | -$51M |
| INCOME BEFORE TAX | $142M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $122M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $122M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $122M |
| D&A | $73M |
| EBIT | $167M |
| EBITDA | $239M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $867M |
| Cost of Revenue | $579M |
| GROSS PROFIT | $288M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $95M |
| Other Expenses | $0 |
| Operating Expenses | $95M |
| Cost & Expenses | $674M |
| OPERATING INCOME | $193M |
| Interest Income | $9M |
| Interest Expense | $24M |
| Other Income/Expenses | -$51M |
| INCOME BEFORE TAX | $142M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $122M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $122M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $122M |
| D&A | $73M |
| EBIT | $167M |
| EBITDA | $239M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $122M |
| Depreciation & Amortization | $73M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $9M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $203M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$63M |
| NET CASH FROM INVESTING | -$63M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$21M |
| NET CASH FROM FINANCING | -$21M |
| FREE CASH FLOW | $203M |
| Net Change in Cash | $120M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $242M |
| Short-Term Investments | $773M |
| Net Receivables | $167M |
| Inventory | $102M |
| Other Current Assets | $24M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $3.2B |
| Goodwill | $0 |
| Intangible Assets | $81M |
| Long-Term Investments | $166M |
| Tax Assets | $32M |
| Other Non-Current Assets | $24M |
| TOTAL NON-CURRENT ASSETS | $3.5B |
| TOTAL ASSETS | $4.9B |
| Account Payables | $165M |
| Short-Term Debt | $144M |
| Deferred Revenue | $726M |
| Other Current Liabilities | $33M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $26M |
| Other Non-Current Liabilities | $522M |
| TOTAL NON-CURRENT LIABILITIES | $2.0B |
| TOTAL LIABILITIES | $3.3B |
| Common Stock | $29M |
| Additional Paid-In Capital | $105M |
| Retained Earnings | $1.8B |
| Treasury Stock | -$357M |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $4.9B |
| Total Debt | $1.7B |
| Net Debt | $1.5B |
