| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.0B | $1.5B | $492M | 31.6% | 300.8% |
| Op. Income | $186M | $147M | -$516M | 26.5% | 136.0% |
| Gross Margin | 25.2% | 14.8% | -63.0% | 10.4pp | 88.2pp |
| Net Margin | 6.6% | 4.3% | -79.9% | 2.3pp | 86.5pp |
| EPS (Diluted) | $0.40 | $0.20 | $-1.44 | 100.0% | 127.8% |
| Free Cash Flow | -$166M | $1.2B | -$608M | -114.3% | 72.7% |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $497M |
| R&D Expenses | $0 |
| Selling & Marketing | $60M |
| General & Administrative | $0 |
| SG&A Expenses | $60M |
| Other Expenses | $251M |
| Operating Expenses | $311M |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $186M |
| Interest Income | $4M |
| Interest Expense | $42M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $190M |
| Income Tax Expense | $60M |
| Net Income from Continuing Ops | $130M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $130M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $130M |
| D&A | $140M |
| EBIT | $0 |
| EBITDA | $140M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $497M |
| R&D Expenses | $0 |
| Selling & Marketing | $60M |
| General & Administrative | $0 |
| SG&A Expenses | $60M |
| Other Expenses | $251M |
| Operating Expenses | $311M |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $186M |
| Interest Income | $4M |
| Interest Expense | $42M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $190M |
| Income Tax Expense | $60M |
| Net Income from Continuing Ops | $130M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $130M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $130M |
| D&A | $140M |
| EBIT | $0 |
| EBITDA | $140M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $130M |
| Depreciation & Amortization | $140M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $53M |
| Other Non-Cash Items | -$231M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $97M |
| Capital Expenditure | -$263M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $250M |
| Other Investing Activities | -$246M |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | -$294M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$294M |
| FREE CASH FLOW | -$166M |
| Net Change in Cash | -$210M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.2B |
| Short-Term Investments | $1.1B |
| Net Receivables | $210M |
| Inventory | $64M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.7B |
| PP&E (Net) | $9.5B |
| Goodwill | $0 |
| Intangible Assets | $283M |
| Long-Term Investments | $1M |
| Tax Assets | $0 |
| Other Non-Current Assets | $551M |
| TOTAL NON-CURRENT ASSETS | $10.4B |
| TOTAL ASSETS | $14.1B |
| Account Payables | $575M |
| Short-Term Debt | $391M |
| Deferred Revenue | $1.7B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3.6B |
| Long-Term Debt | $3.8B |
| Deferred Revenue NC | $618M |
| Deferred Tax Liabilities | $882M |
| Other Non-Current Liabilities | $582M |
| TOTAL NON-CURRENT LIABILITIES | $6.6B |
| TOTAL LIABILITIES | $10.1B |
| Common Stock | $5M |
| Additional Paid-In Capital | $3.0B |
| Retained Earnings | $2.9B |
| Treasury Stock | -$2.0B |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.9B |
| TOTAL LIABILITIES & EQUITY | $14.1B |
| Total Debt | $5.0B |
| Net Debt | $2.8B |
