| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.8B | $3.1B | — | -7.1% | — |
| Op. Income | $105M | -$2.0B | — | 105.3% | — |
| Gross Margin | 30.6% | 32.7% | — | -2.1pp | — |
| Net Margin | -0.9% | -71.7% | — | 70.8pp | — |
| EPS (Diluted) | $0.02 | $-8.61 | — | 100.2% | — |
| Free Cash Flow | $48M | $132M | — | -63.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $2.8B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $869M |
| R&D Expenses | $143M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $440M |
| Other Expenses | $181M |
| Operating Expenses | $764M |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | $105M |
| Interest Income | $0 |
| Interest Expense | $104M |
| Other Income/Expenses | -$110M |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | -$24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$25M |
| D&A | $282M |
| EBIT | $99M |
| EBITDA | $381M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | -$25M |
| Depreciation & Amortization | $282M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$15M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$38M |
| OPERATING CASH FLOW | $208M |
| Capital Expenditure | -$160M |
| Acquisitions (Net) | $11M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $7M |
| NET CASH FROM INVESTING | -$142M |
| Net Debt Issuance | $81M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$206M |
| Other Financing Activities | -$17M |
| NET CASH FROM FINANCING | -$142M |
| FREE CASH FLOW | $48M |
| Net Change in Cash | -$55M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $483M |
| Short-Term Investments | $0 |
| Net Receivables | $2.2B |
| Inventory | $3.3B |
| Other Current Assets | $1.3B |
| TOTAL CURRENT ASSETS | $7.4B |
| PP&E (Net) | $5.0B |
| Goodwill | $13.4B |
| Intangible Assets | $9.1B |
| Long-Term Investments | $10M |
| Tax Assets | $167M |
| Other Non-Current Assets | $490M |
| TOTAL NON-CURRENT ASSETS | $28.1B |
| TOTAL ASSETS | $35.5B |
| Account Payables | $1.4B |
| Short-Term Debt | $597M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $313M |
| TOTAL CURRENT LIABILITIES | $3.7B |
| Long-Term Debt | $10.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.3B |
| Other Non-Current Liabilities | $722M |
| TOTAL NON-CURRENT LIABILITIES | $14.1B |
| TOTAL LIABILITIES | $17.8B |
| Common Stock | $35M |
| Additional Paid-In Capital | $19.8B |
| Retained Earnings | $955M |
| Treasury Stock | -$978M |
| Accum. Other Comp. Income | -$2.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $17.7B |
| Minority Interest | $89M |
| TOTAL EQUITY | $17.7B |
| TOTAL LIABILITIES & EQUITY | $35.5B |
| Total Debt | $11.7B |
| Net Debt | $11.3B |
