| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $868M | $809M | $809M | 7.2% | 7.2% |
| Op. Income | $205M | $195M | $144M | 5.3% | 42.7% |
| Gross Margin | 33.2% | 34.9% | 29.0% | -1.7pp | 4.2pp |
| Net Margin | 21.6% | 2.2% | 14.3% | 19.4pp | 7.3pp |
| EPS (Diluted) | $4.72 | $0.44 | $2.93 | 972.7% | 61.1% |
| Free Cash Flow | $344M | $217M | $216M | 58.9% | 59.7% |
| Item | Amount |
|---|---|
| REVENUE | $868M |
| Cost of Revenue | $579M |
| GROSS PROFIT | $288M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $83M |
| Other Expenses | $0 |
| Operating Expenses | $83M |
| Cost & Expenses | $663M |
| OPERATING INCOME | $205M |
| Interest Income | $15M |
| Interest Expense | $83M |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $215M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $187M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $187M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $187M |
| D&A | $78M |
| EBIT | $297M |
| EBITDA | $376M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $868M |
| Cost of Revenue | $579M |
| GROSS PROFIT | $288M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $83M |
| Other Expenses | $0 |
| Operating Expenses | $83M |
| Cost & Expenses | $663M |
| OPERATING INCOME | $205M |
| Interest Income | $15M |
| Interest Expense | $83M |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $215M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $187M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $187M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $187M |
| D&A | $78M |
| EBIT | $297M |
| EBITDA | $376M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $187M |
| Depreciation & Amortization | $78M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $79M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $344M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $19M |
| NET CASH FROM INVESTING | $19M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$408M |
| NET CASH FROM FINANCING | -$408M |
| FREE CASH FLOW | $344M |
| Net Change in Cash | -$45M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $237M |
| Short-Term Investments | $755M |
| Net Receivables | $172M |
| Inventory | $109M |
| Other Current Assets | $26M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $3.4B |
| Goodwill | $0 |
| Intangible Assets | $86M |
| Long-Term Investments | $178M |
| Tax Assets | $27M |
| Other Non-Current Assets | $29M |
| TOTAL NON-CURRENT ASSETS | $3.7B |
| TOTAL ASSETS | $5.0B |
| Account Payables | $181M |
| Short-Term Debt | $260M |
| Deferred Revenue | $780M |
| Other Current Liabilities | $50M |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $44M |
| Other Non-Current Liabilities | $239M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $3.0B |
| Common Stock | $29M |
| Additional Paid-In Capital | $210M |
| Retained Earnings | $2.0B |
| Treasury Stock | -$199M |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $5.0B |
| Total Debt | $1.7B |
| Net Debt | $1.4B |
