| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $943M | $922M | $810M | 2.3% | 16.4% |
| Op. Income | $37M | -$4M | $6M | 1059.0% | 580.0% |
| Gross Margin | 22.5% | 24.4% | 23.9% | -1.9pp | -1.4pp |
| Net Margin | 227.1% | -73.4% | -6.1% | 300.5pp | 233.2pp |
| EPS (Diluted) | $56.43 | $-8.46 | $-0.63 | 767.0% | 9057.1% |
| Free Cash Flow | -$89M | -$253M | -$182M | 64.6% | 50.9% |
| Item | Amount |
|---|---|
| REVENUE | $943M |
| Cost of Revenue | $731M |
| GROSS PROFIT | $212M |
| R&D Expenses | $23M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $152M |
| Operating Expenses | $175M |
| Cost & Expenses | $906M |
| OPERATING INCOME | $37M |
| Interest Income | $4M |
| Interest Expense | $69M |
| Other Income/Expenses | $2.2B |
| INCOME BEFORE TAX | $2.2B |
| Income Tax Expense | $81M |
| Net Income from Continuing Ops | $2.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.1B |
| D&A | $35M |
| EBIT | $50M |
| EBITDA | $85M |
| EPS | $56 |
| EPS Diluted | $56 |
| Item | Amount |
|---|---|
| REVENUE | $943M |
| Cost of Revenue | $731M |
| GROSS PROFIT | $212M |
| R&D Expenses | $23M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $152M |
| Operating Expenses | $175M |
| Cost & Expenses | $906M |
| OPERATING INCOME | $37M |
| Interest Income | $4M |
| Interest Expense | $69M |
| Other Income/Expenses | $2.2B |
| INCOME BEFORE TAX | $2.2B |
| Income Tax Expense | $81M |
| Net Income from Continuing Ops | $2.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.1B |
| D&A | $35M |
| EBIT | $50M |
| EBITDA | $85M |
| EPS | $56 |
| EPS Diluted | $56 |
| Item | Amount |
|---|---|
| Net Income | $2.1B |
| Depreciation & Amortization | $38M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $59M |
| Other Non-Cash Items | -$2.3B |
| Change in Working Capital | -$35M |
| OPERATING CASH FLOW | -$82M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$83M |
| Sales/Maturities of Investments | $76M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | $4M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$89M |
| Net Change in Cash | -$102M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $376M |
| Short-Term Investments | $17M |
| Net Receivables | $704M |
| Inventory | $666M |
| Other Current Assets | $271M |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $159M |
| Goodwill | $597M |
| Intangible Assets | $884M |
| Long-Term Investments | $6M |
| Tax Assets | $37M |
| Other Non-Current Assets | $257M |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $4.0B |
| Account Payables | $529M |
| Short-Term Debt | $5M |
| Deferred Revenue | $352M |
| Other Current Liabilities | $391M |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $166M |
| Other Non-Current Liabilities | $195M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $3.0B |
| Common Stock | $400.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | -$27M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$36M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $977M |
| Minority Interest | $15M |
| TOTAL EQUITY | $992M |
| TOTAL LIABILITIES & EQUITY | $4.0B |
| Total Debt | $1.3B |
| Net Debt | $882M |
