| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.8B | $1.9B | $1.8B | -1.1% | 5.3% |
| Op. Income | -$49M | $37M | $25M | -231.6% | -300.8% |
| Gross Margin | 68.4% | 69.5% | 72.6% | -1.0pp | -4.2pp |
| Net Margin | -27.0% | -38.6% | 158.9% | 11.6pp | -185.9pp |
| EPS (Diluted) | $-1.13 | $-1.59 | $3.80 | 28.9% | -129.7% |
| Free Cash Flow | $381M | -$69M | $496M | 648.4% | -23.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $584M |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $440M |
| Other Expenses | $874M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | -$49M |
| Interest Income | $71M |
| Interest Expense | $214M |
| Other Income/Expenses | -$303M |
| INCOME BEFORE TAX | -$352M |
| Income Tax Expense | $159M |
| Net Income from Continuing Ops | -$511M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$500M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$500M |
| D&A | $571M |
| EBIT | -$40M |
| EBITDA | $531M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$500M |
| Depreciation & Amortization | $590M |
| Stock-Based Compensation | $76M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $272M |
| Change in Working Capital | $253M |
| OPERATING CASH FLOW | $692M |
| Capital Expenditure | -$311M |
| Acquisitions (Net) | -$800.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $249M |
| NET CASH FROM INVESTING | -$63M |
| Net Debt Issuance | -$65M |
| Common Stock Repurchased | -$379M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$74M |
| NET CASH FROM FINANCING | -$519M |
| FREE CASH FLOW | $381M |
| Net Change in Cash | $119M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $2.1B |
| Net Receivables | $942M |
| Inventory | $0 |
| Other Current Assets | $1.3B |
| TOTAL CURRENT ASSETS | $5.9B |
| PP&E (Net) | $8.3B |
| Goodwill | $9.6B |
| Intangible Assets | $2.2B |
| Long-Term Investments | $17.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $611M |
| TOTAL NON-CURRENT ASSETS | $38.0B |
| TOTAL ASSETS | $43.9B |
| Account Payables | $616M |
| Short-Term Debt | $860M |
| Deferred Revenue | $323M |
| Other Current Liabilities | $2.3B |
| TOTAL CURRENT LIABILITIES | $4.1B |
| Long-Term Debt | $14.0B |
| Deferred Revenue NC | $8M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.9B |
| TOTAL NON-CURRENT LIABILITIES | $17.9B |
| TOTAL LIABILITIES | $22.0B |
| Common Stock | $4M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $18.4B |
| Treasury Stock | -$100.0K |
| Accum. Other Comp. Income | $1.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $21.9B |
| Minority Interest | $85M |
| TOTAL EQUITY | $21.9B |
| TOTAL LIABILITIES & EQUITY | $43.9B |
| Total Debt | $16.9B |
| Net Debt | $15.3B |
