| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.7B | $2.0B | -13.6% | -28.9% |
| Op. Income | $60M | $58M | $130M | 2.8% | -54.1% |
| Gross Margin | 61.9% | 57.9% | 56.7% | 4.0pp | 5.2pp |
| Net Margin | 3.2% | 3.2% | 4.8% | -0.1pp | -1.6pp |
| EPS (Diluted) | $0.44 | $0.51 | $0.88 | -13.7% | -50.0% |
| Free Cash Flow | -$155M | $176M | -$3M | -188.3% | -5080.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $551M |
| GROSS PROFIT | $895M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $488M |
| SG&A Expenses | $488M |
| Other Expenses | $348M |
| Operating Expenses | $835M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $60M |
| Interest Income | $0 |
| Interest Expense | $29M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $60M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $46M |
| D&A | $46M |
| EBIT | $89M |
| EBITDA | $134M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $551M |
| GROSS PROFIT | $895M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $488M |
| SG&A Expenses | $488M |
| Other Expenses | $348M |
| Operating Expenses | $835M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $60M |
| Interest Income | $0 |
| Interest Expense | $29M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $60M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $46M |
| D&A | $46M |
| EBIT | $89M |
| EBITDA | $134M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $46M |
| Depreciation & Amortization | $46M |
| Stock-Based Compensation | $23M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$15M |
| Change in Working Capital | -$191M |
| OPERATING CASH FLOW | -$92M |
| Capital Expenditure | -$63M |
| Acquisitions (Net) | -$5M |
| Purchases of Investments | -$281M |
| Sales/Maturities of Investments | $937M |
| Other Investing Activities | -$161M |
| NET CASH FROM INVESTING | $427M |
| Net Debt Issuance | -$115M |
| Common Stock Repurchased | -$30M |
| Common Dividends Paid | -$54M |
| Other Financing Activities | $623M |
| NET CASH FROM FINANCING | $424M |
| FREE CASH FLOW | -$155M |
| Net Change in Cash | $760M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.0B |
| Short-Term Investments | $0 |
| Net Receivables | $385M |
| Inventory | $0 |
| Other Current Assets | -$2.4B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $907M |
| Goodwill | $1.8B |
| Intangible Assets | $829M |
| Long-Term Investments | $8.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$11.9B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $15.4B |
| Account Payables | $721M |
| Short-Term Debt | $503M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$1.3B |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $184M |
| Deferred Tax Liabilities | $19M |
| Other Non-Current Liabilities | -$1.9B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $10.6B |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $3.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$756M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.8B |
| Minority Interest | $22M |
| TOTAL EQUITY | $4.8B |
| TOTAL LIABILITIES & EQUITY | $15.4B |
| Total Debt | $2.2B |
| Net Debt | $125M |
