| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $994M | $692M | $579M | 43.5% | 71.5% |
| Op. Income | $15M | $158M | $139M | -90.6% | -89.3% |
| Gross Margin | 37.4% | 44.8% | 45.6% | -7.4pp | -8.2pp |
| Net Margin | -7.4% | 14.4% | 20.3% | -21.8pp | -27.7pp |
| EPS (Diluted) | $-0.50 | $0.73 | $0.86 | -168.5% | -158.1% |
| Free Cash Flow | $19M | $3M | $101M | 484.0% | -81.3% |
| Item | Amount |
|---|---|
| REVENUE | $994M |
| Cost of Revenue | $622M |
| GROSS PROFIT | $372M |
| R&D Expenses | $65M |
| Selling & Marketing | $0 |
| General & Administrative | $226M |
| SG&A Expenses | $226M |
| Other Expenses | $65M |
| Operating Expenses | $357M |
| Cost & Expenses | $979M |
| OPERATING INCOME | $15M |
| Interest Income | $1M |
| Interest Expense | $84M |
| Other Income/Expenses | -$96M |
| INCOME BEFORE TAX | -$81M |
| Income Tax Expense | -$7M |
| Net Income from Continuing Ops | -$74M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$74M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$74M |
| D&A | $111M |
| EBIT | $3M |
| EBITDA | $114M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$74M |
| Depreciation & Amortization | $111M |
| Stock-Based Compensation | $22M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $115M |
| Change in Working Capital | -$28M |
| OPERATING CASH FLOW | $146M |
| Capital Expenditure | -$127M |
| Acquisitions (Net) | -$4.5B |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1.0K |
| NET CASH FROM INVESTING | -$4.6B |
| Net Debt Issuance | $2.6B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$15M |
| Other Financing Activities | -$96M |
| NET CASH FROM FINANCING | $2.5B |
| FREE CASH FLOW | $19M |
| Net Change in Cash | -$2.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $755M |
| Short-Term Investments | $0 |
| Net Receivables | $520M |
| Inventory | $824M |
| Other Current Assets | $124M |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $1.5B |
| Goodwill | $4.4B |
| Intangible Assets | $2.0B |
| Long-Term Investments | $21M |
| Tax Assets | $19M |
| Other Non-Current Assets | $18M |
| TOTAL NON-CURRENT ASSETS | $7.9B |
| TOTAL ASSETS | $10.1B |
| Account Payables | $188M |
| Short-Term Debt | $220M |
| Deferred Revenue | $48M |
| Other Current Liabilities | $193M |
| TOTAL CURRENT LIABILITIES | $841M |
| Long-Term Debt | $5.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $411M |
| Other Non-Current Liabilities | $54M |
| TOTAL NON-CURRENT LIABILITIES | $6.2B |
| TOTAL LIABILITIES | $7.0B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | $989M |
| Treasury Stock | -$7M |
| Accum. Other Comp. Income | -$58M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.1B |
| TOTAL LIABILITIES & EQUITY | $10.1B |
| Total Debt | $5.9B |
| Net Debt | $5.2B |
