| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.6B | $2.6B | -27.0% | -54.6% |
| Op. Income | $291M | $741M | $1.7B | -60.7% | -82.8% |
| Gross Margin | 28.9% | 49.4% | 66.9% | -20.5pp | -38.0pp |
| Net Margin | 17.5% | 41.3% | 46.6% | -23.8pp | -29.1pp |
| EPS (Diluted) | $0.27 | $0.88 | $1.53 | -69.3% | -82.4% |
| Free Cash Flow | $49M | $1.0B | $405M | -95.1% | -87.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $851M |
| GROSS PROFIT | $346M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $55M |
| Other Expenses | $0 |
| Operating Expenses | $55M |
| Cost & Expenses | $906M |
| OPERATING INCOME | $291M |
| Interest Income | $10M |
| Interest Expense | $16M |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | $270M |
| Income Tax Expense | $61M |
| Net Income from Continuing Ops | $209M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $209M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $208M |
| D&A | $395M |
| EBIT | $286M |
| EBITDA | $681M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $851M |
| GROSS PROFIT | $346M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $55M |
| Other Expenses | $0 |
| Operating Expenses | $55M |
| Cost & Expenses | $906M |
| OPERATING INCOME | $291M |
| Interest Income | $10M |
| Interest Expense | $16M |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | $270M |
| Income Tax Expense | $61M |
| Net Income from Continuing Ops | $209M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $209M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $208M |
| D&A | $395M |
| EBIT | $286M |
| EBITDA | $681M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $209M |
| Depreciation & Amortization | $31M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $454M |
| Change in Working Capital | -$59M |
| OPERATING CASH FLOW | $646M |
| Capital Expenditure | -$597M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $28M |
| NET CASH FROM INVESTING | -$569M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$57M |
| Common Dividends Paid | -$152M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$210M |
| FREE CASH FLOW | $49M |
| Net Change in Cash | -$133M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $841M |
| Short-Term Investments | $0 |
| Net Receivables | $432M |
| Inventory | $65M |
| Other Current Assets | $302M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $18.2B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $81M |
| TOTAL NON-CURRENT ASSETS | $18.2B |
| TOTAL ASSETS | $19.9B |
| Account Payables | $75M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $37M |
| TOTAL CURRENT LIABILITIES | $941M |
| Long-Term Debt | $2.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3.4B |
| Other Non-Current Liabilities | $472M |
| TOTAL NON-CURRENT LIABILITIES | $6.3B |
| TOTAL LIABILITIES | $7.2B |
| Common Stock | $76M |
| Additional Paid-In Capital | $7.6B |
| Retained Earnings | $4.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $12.7B |
| TOTAL LIABILITIES & EQUITY | $19.9B |
| Total Debt | $2.6B |
| Net Debt | $1.7B |
