| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.0B | $2.9B | $3.1B | 3.1% | -2.9% |
| Op. Income | $204M | $119M | $340M | 71.4% | -40.0% |
| Gross Margin | 39.0% | 39.3% | 40.1% | -0.2pp | -1.1pp |
| Net Margin | -1.4% | -11.1% | 3.6% | 9.7pp | -5.0pp |
| EPS (Diluted) | $-0.33 | $-2.53 | $0.85 | 87.0% | -138.8% |
| Free Cash Flow | $44M | -$41M | -$2M | 207.3% | 2300.0% |
| Item | Amount |
|---|---|
| REVENUE | $3.0B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $80M |
| Other Expenses | $897M |
| Operating Expenses | $977M |
| Cost & Expenses | $2.8B |
| OPERATING INCOME | $204M |
| Interest Income | $0 |
| Interest Expense | $217M |
| Other Income/Expenses | -$134M |
| INCOME BEFORE TAX | $70M |
| Income Tax Expense | $70M |
| Net Income from Continuing Ops | $0 |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$42M |
| D&A | $137M |
| EBIT | $136M |
| EBITDA | $273M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$42M |
| Depreciation & Amortization | $137M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $69M |
| Other Non-Cash Items | $64M |
| Change in Working Capital | -$91M |
| OPERATING CASH FLOW | $137M |
| Capital Expenditure | -$93M |
| Acquisitions (Net) | $26M |
| Purchases of Investments | -$37M |
| Sales/Maturities of Investments | $21M |
| Other Investing Activities | $121M |
| NET CASH FROM INVESTING | $38M |
| Net Debt Issuance | -$189M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$32M |
| NET CASH FROM FINANCING | -$221M |
| FREE CASH FLOW | $44M |
| Net Change in Cash | -$46M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $300M |
| Short-Term Investments | $0 |
| Net Receivables | $2.1B |
| Inventory | $355M |
| Other Current Assets | $199M |
| TOTAL CURRENT ASSETS | $3.3B |
| PP&E (Net) | $6.2B |
| Goodwill | $4.2B |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $53M |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $11.6B |
| TOTAL ASSETS | $14.9B |
| Account Payables | $820M |
| Short-Term Debt | $172M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $790M |
| TOTAL CURRENT LIABILITIES | $2.4B |
| Long-Term Debt | $11.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $477M |
| Other Non-Current Liabilities | $726M |
| TOTAL NON-CURRENT LIABILITIES | $13.7B |
| TOTAL LIABILITIES | $16.1B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | -$3.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$33M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$1.8B |
| Minority Interest | $608M |
| TOTAL EQUITY | -$1.2B |
| TOTAL LIABILITIES & EQUITY | $14.9B |
| Total Debt | $12.7B |
| Net Debt | $12.4B |
