| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8.0B | $8.9B | $5.5B | -9.5% | 47.0% |
| Op. Income | $229M | $372M | $274M | -38.5% | -16.3% |
| Gross Margin | 10.6% | 10.7% | 15.2% | -0.1pp | -4.6pp |
| Net Margin | 2.0% | 3.0% | 3.8% | -1.0pp | -1.9pp |
| EPS (Diluted) | $0.98 | $1.63 | $1.27 | -39.9% | -22.8% |
| Free Cash Flow | -$548M | -$786M | -$241M | 30.3% | -127.4% |
| Item | Amount |
|---|---|
| REVENUE | $8.0B |
| Cost of Revenue | $7.2B |
| GROSS PROFIT | $850M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $621M |
| Other Expenses | $0 |
| Operating Expenses | $621M |
| Cost & Expenses | $7.8B |
| OPERATING INCOME | $229M |
| Interest Income | $0 |
| Interest Expense | $27M |
| Other Income/Expenses | -$28M |
| INCOME BEFORE TAX | $201M |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | $160M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $160M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $160M |
| D&A | $76M |
| EBIT | $228M |
| EBITDA | $304M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $8.0B |
| Cost of Revenue | $7.2B |
| GROSS PROFIT | $850M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $621M |
| Other Expenses | $0 |
| Operating Expenses | $621M |
| Cost & Expenses | $7.8B |
| OPERATING INCOME | $229M |
| Interest Income | $0 |
| Interest Expense | $27M |
| Other Income/Expenses | -$28M |
| INCOME BEFORE TAX | $201M |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | $160M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $160M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $160M |
| D&A | $76M |
| EBIT | $228M |
| EBITDA | $304M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $160M |
| Depreciation & Amortization | $72M |
| Stock-Based Compensation | $235.0K |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $85M |
| Change in Working Capital | -$780M |
| OPERATING CASH FLOW | -$467M |
| Capital Expenditure | -$82M |
| Acquisitions (Net) | $14.0K |
| Purchases of Investments | -$11M |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$91M |
| Net Debt Issuance | $700M |
| Common Stock Repurchased | -$101M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | $597M |
| FREE CASH FLOW | -$548M |
| Net Change in Cash | $39M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $103M |
| Short-Term Investments | $0 |
| Net Receivables | $561M |
| Inventory | $5.1B |
| Other Current Assets | $761M |
| TOTAL CURRENT ASSETS | $6.5B |
| PP&E (Net) | $3.7B |
| Goodwill | $141M |
| Intangible Assets | $0 |
| Long-Term Investments | $15.5B |
| Tax Assets | $121M |
| Other Non-Current Assets | $276M |
| TOTAL NON-CURRENT ASSETS | $19.8B |
| TOTAL ASSETS | $26.3B |
| Account Payables | $938M |
| Short-Term Debt | $532M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $231M |
| TOTAL CURRENT LIABILITIES | $2.0B |
| Long-Term Debt | $18.2B |
| Deferred Revenue NC | -$334M |
| Deferred Tax Liabilities | $334M |
| Other Non-Current Liabilities | $357M |
| TOTAL NON-CURRENT LIABILITIES | $19.1B |
| TOTAL LIABILITIES | $21.1B |
| Common Stock | $81M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $3.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$46M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.2B |
| TOTAL LIABILITIES & EQUITY | $26.3B |
| Total Debt | $19.3B |
| Net Debt | $19.2B |
