| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.1B | $3.0B | $3.2B | 3.9% | -2.8% |
| Op. Income | $229M | $204M | $424M | 12.3% | -46.0% |
| Gross Margin | 40.9% | 39.0% | 42.5% | 1.9pp | -1.6pp |
| Net Margin | 13.2% | -1.4% | 5.5% | 14.6pp | 7.7pp |
| EPS (Diluted) | $3.18 | $-0.33 | $1.34 | 1063.6% | 137.3% |
| Free Cash Flow | -$122M | $44M | -$666M | -377.3% | 81.7% |
| Item | Amount |
|---|---|
| REVENUE | $3.1B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $85M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $81M |
| Other Expenses | $891M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $2.9B |
| OPERATING INCOME | $229M |
| Interest Income | $0 |
| Interest Expense | $205M |
| Other Income/Expenses | $96M |
| INCOME BEFORE TAX | $325M |
| Income Tax Expense | -$121M |
| Net Income from Continuing Ops | $446M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $415M |
| Net Income Deductions | $1M |
| BOTTOM LINE NET INCOME | $414M |
| D&A | $51M |
| EBIT | $244M |
| EBITDA | $295M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $3.1B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $85M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $81M |
| Other Expenses | $891M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $2.9B |
| OPERATING INCOME | $229M |
| Interest Income | $0 |
| Interest Expense | $205M |
| Other Income/Expenses | $96M |
| INCOME BEFORE TAX | $325M |
| Income Tax Expense | -$121M |
| Net Income from Continuing Ops | $446M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $415M |
| Net Income Deductions | $1M |
| BOTTOM LINE NET INCOME | $414M |
| D&A | $51M |
| EBIT | $244M |
| EBITDA | $295M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $414M |
| Depreciation & Amortization | $136M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$125M |
| Other Non-Cash Items | -$202M |
| Change in Working Capital | -$214M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$131M |
| Acquisitions (Net) | $94M |
| Purchases of Investments | -$63M |
| Sales/Maturities of Investments | $48M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$52M |
| Net Debt Issuance | -$119M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$20M |
| NET CASH FROM FINANCING | -$139M |
| FREE CASH FLOW | -$122M |
| Net Change in Cash | -$182M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $118M |
| Short-Term Investments | $0 |
| Net Receivables | $2.1B |
| Inventory | $353M |
| Other Current Assets | $138M |
| TOTAL CURRENT ASSETS | $3.1B |
| PP&E (Net) | $6.1B |
| Goodwill | $4.2B |
| Intangible Assets | $224M |
| Long-Term Investments | $155M |
| Tax Assets | $49M |
| Other Non-Current Assets | $890M |
| TOTAL NON-CURRENT ASSETS | $11.6B |
| TOTAL ASSETS | $14.7B |
| Account Payables | $686M |
| Short-Term Debt | $169M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $694M |
| TOTAL CURRENT LIABILITIES | $2.2B |
| Long-Term Debt | $11.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $354M |
| Other Non-Current Liabilities | $644M |
| TOTAL NON-CURRENT LIABILITIES | $13.2B |
| TOTAL LIABILITIES | $15.4B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | -$3.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$21M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$1.4B |
| Minority Interest | $633M |
| TOTAL EQUITY | -$734M |
| TOTAL LIABILITIES & EQUITY | $14.7B |
| Total Debt | $12.4B |
| Net Debt | $12.3B |
