| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | — | $1.3B | — | 5.0% |
| Op. Income | $150M | — | $124M | — | 21.0% |
| Gross Margin | 13.2% | — | 21.8% | — | -8.6pp |
| Net Margin | 8.0% | — | 6.3% | — | 1.7pp |
| EPS (Diluted) | $0.18 | — | $0.14 | — | 32.6% |
| Free Cash Flow | -$35M | — | $31M | — | -214.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $182M |
| R&D Expenses | $0 |
| Selling & Marketing | $34M |
| General & Administrative | $1M |
| SG&A Expenses | $35M |
| Other Expenses | -$3M |
| Operating Expenses | $32M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $150M |
| Interest Income | $19M |
| Interest Expense | $25M |
| Other Income/Expenses | -$146M |
| INCOME BEFORE TAX | $141M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $108M |
| Other Adjustments | $0 |
| NET INCOME | $111M |
| Net Income Deductions | $108M |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $110M |
| EBIT | $6M |
| EBITDA | $115M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $182M |
| R&D Expenses | $0 |
| Selling & Marketing | $34M |
| General & Administrative | $1M |
| SG&A Expenses | $35M |
| Other Expenses | -$3M |
| Operating Expenses | $32M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $150M |
| Interest Income | $19M |
| Interest Expense | $25M |
| Other Income/Expenses | -$146M |
| INCOME BEFORE TAX | $141M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $108M |
| Other Adjustments | $0 |
| NET INCOME | $111M |
| Net Income Deductions | $108M |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $110M |
| EBIT | $6M |
| EBITDA | $115M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $111M |
| Depreciation & Amortization | $110M |
| Stock-Based Compensation | $47.9K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $184M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $185M |
| Capital Expenditure | -$220M |
| Acquisitions (Net) | -$178M |
| Purchases of Investments | -$7M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$403M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$239.7K |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | $201M |
| FREE CASH FLOW | -$35M |
| Net Change in Cash | -$15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $132M |
| Short-Term Investments | $0 |
| Net Receivables | $141M |
| Inventory | $166M |
| Other Current Assets | $22M |
| TOTAL CURRENT ASSETS | $461M |
| PP&E (Net) | $2.3B |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $6M |
| Tax Assets | $11M |
| Other Non-Current Assets | $390M |
| TOTAL NON-CURRENT ASSETS | $2.8B |
| TOTAL ASSETS | $3.2B |
| Account Payables | $277M |
| Short-Term Debt | $8M |
| Deferred Revenue | $18M |
| Other Current Liabilities | $784.5K |
| TOTAL CURRENT LIABILITIES | $304M |
| Long-Term Debt | $417M |
| Deferred Revenue NC | $14M |
| Deferred Tax Liabilities | $143M |
| Other Non-Current Liabilities | $424M |
| TOTAL NON-CURRENT LIABILITIES | $997M |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $2.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$479M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $404M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $5M |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $3.2B |
| Total Debt | $417M |
| Net Debt | $284M |
