| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $490M | $922M | $525M | -46.9% | -6.7% |
| Op. Income | $146M | $521M | $337M | -72.0% | -56.8% |
| Gross Margin | 32.5% | 58.2% | 65.9% | -25.8pp | -33.5pp |
| Net Margin | 27.5% | 56.4% | -21.2% | -28.9pp | 48.7pp |
| EPS (Diluted) | $0.49 | $1.87 | $-0.50 | -73.8% | 198.0% |
| Free Cash Flow | $15M | $169M | $71M | -90.9% | -78.2% |
| Item | Amount |
|---|---|
| REVENUE | $490M |
| Cost of Revenue | $331M |
| GROSS PROFIT | $159M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $1M |
| Operating Expenses | $13M |
| Cost & Expenses | $344M |
| OPERATING INCOME | $146M |
| Interest Income | $0 |
| Interest Expense | $38M |
| Other Income/Expenses | $29M |
| INCOME BEFORE TAX | $174M |
| Income Tax Expense | $40M |
| Net Income from Continuing Ops | $135M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $135M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $135M |
| D&A | $134M |
| EBIT | $212M |
| EBITDA | $346M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $490M |
| Cost of Revenue | $331M |
| GROSS PROFIT | $159M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $1M |
| Operating Expenses | $13M |
| Cost & Expenses | $344M |
| OPERATING INCOME | $146M |
| Interest Income | $0 |
| Interest Expense | $38M |
| Other Income/Expenses | $29M |
| INCOME BEFORE TAX | $174M |
| Income Tax Expense | $40M |
| Net Income from Continuing Ops | $135M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $135M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $135M |
| D&A | $134M |
| EBIT | $212M |
| EBITDA | $346M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $135M |
| Depreciation & Amortization | $134M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $39M |
| Other Non-Cash Items | -$55M |
| Change in Working Capital | $131M |
| OPERATING CASH FLOW | $386M |
| Capital Expenditure | -$371M |
| Acquisitions (Net) | $130.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$373M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$35M |
| Other Financing Activities | -$144.0K |
| NET CASH FROM FINANCING | -$35M |
| FREE CASH FLOW | $15M |
| Net Change in Cash | -$21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $34M |
| Short-Term Investments | $0 |
| Net Receivables | $270M |
| Inventory | $40M |
| Other Current Assets | $75M |
| TOTAL CURRENT ASSETS | $423M |
| PP&E (Net) | $4.9B |
| Goodwill | $336M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $5.3B |
| TOTAL ASSETS | $5.7B |
| Account Payables | $444M |
| Short-Term Debt | $39M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $104M |
| TOTAL CURRENT LIABILITIES | $628M |
| Long-Term Debt | $2.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $465M |
| Other Non-Current Liabilities | $30M |
| TOTAL NON-CURRENT LIABILITIES | $2.7B |
| TOTAL LIABILITIES | $3.3B |
| Common Stock | $139M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $986M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $5.7B |
| Total Debt | $2.2B |
| Net Debt | $2.2B |
