| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $414M | $430M | $359M | -3.7% | 15.4% |
| Op. Income | $82M | $68M | $82M | 20.8% | 1.0% |
| Gross Margin | 20.1% | 16.1% | 22.9% | 4.0pp | -2.8pp |
| Net Margin | 16.6% | 13.1% | 17.9% | 3.5pp | -1.4pp |
| EPS (Diluted) | $1.35 | $1.11 | $1.27 | 21.6% | 6.3% |
| Free Cash Flow | -$59M | -$209M | -$29M | 71.9% | -104.9% |
| Item | Amount |
|---|---|
| REVENUE | $414M |
| Cost of Revenue | $331M |
| GROSS PROFIT | $83M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $713.0K |
| Operating Expenses | $713.0K |
| Cost & Expenses | $332M |
| OPERATING INCOME | $82M |
| Interest Income | $0 |
| Interest Expense | $28M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $77M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $69M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $69M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $69M |
| D&A | $48M |
| EBIT | $105M |
| EBITDA | $153M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $414M |
| Cost of Revenue | $331M |
| GROSS PROFIT | $83M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $713.0K |
| Operating Expenses | $713.0K |
| Cost & Expenses | $332M |
| OPERATING INCOME | $82M |
| Interest Income | $0 |
| Interest Expense | $28M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $77M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $69M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $69M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $69M |
| D&A | $48M |
| EBIT | $105M |
| EBITDA | $153M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $69M |
| Depreciation & Amortization | $48M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $29M |
| Change in Working Capital | -$42M |
| OPERATING CASH FLOW | $97M |
| Capital Expenditure | -$156M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $515.0K |
| NET CASH FROM INVESTING | -$155M |
| Net Debt Issuance | -$125M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$40M |
| Other Financing Activities | -$543.0K |
| NET CASH FROM FINANCING | -$166M |
| FREE CASH FLOW | -$59M |
| Net Change in Cash | -$223M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $135M |
| Short-Term Investments | $0 |
| Net Receivables | $262M |
| Inventory | $138M |
| Other Current Assets | $175M |
| TOTAL CURRENT ASSETS | $734M |
| PP&E (Net) | $5.5B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $127M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.5B |
| TOTAL NON-CURRENT ASSETS | $7.1B |
| TOTAL ASSETS | $7.8B |
| Account Payables | $224M |
| Short-Term Debt | $0 |
| Deferred Revenue | $91M |
| Other Current Liabilities | $91M |
| TOTAL CURRENT LIABILITIES | $468M |
| Long-Term Debt | $2.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $861M |
| Other Non-Current Liabilities | $1.2B |
| TOTAL NON-CURRENT LIABILITIES | $4.5B |
| TOTAL LIABILITIES | $5.0B |
| Common Stock | $884M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $2.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $8M |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $7.8B |
| Total Debt | $2.5B |
| Net Debt | $2.3B |
