| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.6B | $2.4B | $2.0B | 4.8% | 29.9% |
| Op. Income | $139M | -$113M | $186M | 223.0% | -25.3% |
| Gross Margin | 28.2% | 20.5% | 25.2% | 7.7pp | 3.0pp |
| Net Margin | 2.2% | -7.7% | 6.6% | 9.9pp | -4.4pp |
| EPS (Diluted) | $0.18 | $-0.58 | $0.40 | 131.0% | -55.0% |
| Free Cash Flow | -$238M | -$153M | -$166M | -55.6% | -43.4% |
| Item | Amount |
|---|---|
| REVENUE | $2.6B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $723M |
| R&D Expenses | $0 |
| Selling & Marketing | $81M |
| General & Administrative | $0 |
| SG&A Expenses | $81M |
| Other Expenses | $503M |
| Operating Expenses | $584M |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | $139M |
| Interest Income | $11M |
| Interest Expense | $44M |
| Other Income/Expenses | -$34M |
| INCOME BEFORE TAX | $105M |
| Income Tax Expense | $48M |
| Net Income from Continuing Ops | $57M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $57M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $57M |
| D&A | $147M |
| EBIT | $152M |
| EBITDA | $299M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.6B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $723M |
| R&D Expenses | $0 |
| Selling & Marketing | $81M |
| General & Administrative | $0 |
| SG&A Expenses | $81M |
| Other Expenses | $503M |
| Operating Expenses | $584M |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | $139M |
| Interest Income | $11M |
| Interest Expense | $44M |
| Other Income/Expenses | -$34M |
| INCOME BEFORE TAX | $105M |
| Income Tax Expense | $48M |
| Net Income from Continuing Ops | $57M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $57M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $57M |
| D&A | $147M |
| EBIT | $152M |
| EBITDA | $299M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $57M |
| Depreciation & Amortization | $147M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $50M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$237M |
| OPERATING CASH FLOW | $22M |
| Capital Expenditure | -$260M |
| Acquisitions (Net) | -$25M |
| Purchases of Investments | -$66M |
| Sales/Maturities of Investments | $184M |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$162M |
| Net Debt Issuance | -$66M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$66M |
| FREE CASH FLOW | -$238M |
| Net Change in Cash | -$206M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $692M |
| Net Receivables | $298M |
| Inventory | $79M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.6B |
| PP&E (Net) | $9.8B |
| Goodwill | $0 |
| Intangible Assets | $258M |
| Long-Term Investments | $175M |
| Tax Assets | $0 |
| Other Non-Current Assets | $536M |
| TOTAL NON-CURRENT ASSETS | $10.7B |
| TOTAL ASSETS | $13.3B |
| Account Payables | $600M |
| Short-Term Debt | $524M |
| Deferred Revenue | $1.7B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3.9B |
| Long-Term Debt | $3.2B |
| Deferred Revenue NC | $702M |
| Deferred Tax Liabilities | $790M |
| Other Non-Current Liabilities | $507M |
| TOTAL NON-CURRENT LIABILITIES | $5.9B |
| TOTAL LIABILITIES | $9.8B |
| Common Stock | $5M |
| Additional Paid-In Capital | $3.1B |
| Retained Earnings | $2.4B |
| Treasury Stock | -$2.0B |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.5B |
| TOTAL LIABILITIES & EQUITY | $13.3B |
| Total Debt | $4.5B |
| Net Debt | $3.1B |
