| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | $1.7B | $2.0B | 0.2% | -16.6% |
| Op. Income | -$126M | $194M | $172M | -164.7% | -173.3% |
| Gross Margin | 56.0% | 56.9% | 54.7% | -0.9pp | 1.3pp |
| Net Margin | -7.7% | 7.7% | 4.1% | -15.4pp | -11.8pp |
| EPS (Diluted) | $-0.93 | $0.93 | $0.59 | -200.0% | -257.6% |
| Free Cash Flow | $67M | $60M | $98M | 12.9% | -31.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $738M |
| GROSS PROFIT | $940M |
| R&D Expenses | $77M |
| Selling & Marketing | $110M |
| General & Administrative | $666M |
| SG&A Expenses | $776M |
| Other Expenses | $213M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | -$126M |
| Interest Income | $4M |
| Interest Expense | $46M |
| Other Income/Expenses | -$39M |
| INCOME BEFORE TAX | -$164M |
| Income Tax Expense | -$36M |
| Net Income from Continuing Ops | -$129M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$129M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$129M |
| D&A | $247M |
| EBIT | -$118M |
| EBITDA | $128M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$129M |
| Depreciation & Amortization | $247M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$64M |
| Other Non-Cash Items | $298M |
| Change in Working Capital | -$241M |
| OPERATING CASH FLOW | $111M |
| Capital Expenditure | -$44M |
| Acquisitions (Net) | $146M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$150M |
| NET CASH FROM INVESTING | -$47M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$97M |
| Other Financing Activities | -$10M |
| NET CASH FROM FINANCING | -$110M |
| FREE CASH FLOW | $67M |
| Net Change in Cash | -$39M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $499M |
| Short-Term Investments | $0 |
| Net Receivables | $1.1B |
| Inventory | $677M |
| Other Current Assets | $691M |
| TOTAL CURRENT ASSETS | $3.0B |
| PP&E (Net) | $423M |
| Goodwill | $3.5B |
| Intangible Assets | $815M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.6B |
| TOTAL NON-CURRENT ASSETS | $6.3B |
| TOTAL ASSETS | $9.3B |
| Account Payables | $427M |
| Short-Term Debt | $256M |
| Deferred Revenue | $111M |
| Other Current Liabilities | $130M |
| TOTAL CURRENT LIABILITIES | $2.2B |
| Long-Term Debt | $3.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $533M |
| TOTAL NON-CURRENT LIABILITIES | $4.2B |
| TOTAL LIABILITIES | $6.4B |
| Common Stock | $110M |
| Additional Paid-In Capital | $2.5B |
| Retained Earnings | $4.1B |
| Treasury Stock | -$3.6B |
| Accum. Other Comp. Income | -$255M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $29M |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $9.3B |
| Total Debt | $4.0B |
| Net Debt | $3.5B |
