| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.9B | $1.8B | $1.7B | 0.4% | 6.2% |
| Op. Income | -$27M | -$49M | $109M | 44.3% | -125.2% |
| Gross Margin | 68.4% | 68.4% | 72.3% | -0.0pp | -3.9pp |
| Net Margin | 35.5% | -27.0% | 134.5% | 62.6pp | -98.9pp |
| EPS (Diluted) | $1.57 | $-1.13 | $4.87 | 238.9% | -67.8% |
| Free Cash Flow | -$700.0K | $381M | $245M | -100.2% | -100.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $586M |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $419M |
| Other Expenses | $876M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | -$27M |
| Interest Income | $37M |
| Interest Expense | $241M |
| Other Income/Expenses | $848M |
| INCOME BEFORE TAX | $821M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $823M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $659M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $659M |
| D&A | $584M |
| EBIT | -$33M |
| EBITDA | $551M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $659M |
| Depreciation & Amortization | $600M |
| Stock-Based Compensation | $55M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$947M |
| Change in Working Capital | -$39M |
| OPERATING CASH FLOW | $327M |
| Capital Expenditure | -$328M |
| Acquisitions (Net) | -$19M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $867M |
| NET CASH FROM INVESTING | $520M |
| Net Debt Issuance | $794M |
| Common Stock Repurchased | -$525M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$907M |
| NET CASH FROM FINANCING | -$638M |
| FREE CASH FLOW | -$700.0K |
| Net Change in Cash | $177M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.7B |
| Short-Term Investments | $1.6B |
| Net Receivables | $896M |
| Inventory | $0 |
| Other Current Assets | $1.2B |
| TOTAL CURRENT ASSETS | $5.4B |
| PP&E (Net) | $8.7B |
| Goodwill | $9.8B |
| Intangible Assets | $2.0B |
| Long-Term Investments | $16.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $602M |
| TOTAL NON-CURRENT ASSETS | $37.3B |
| TOTAL ASSETS | $42.7B |
| Account Payables | $586M |
| Short-Term Debt | $783M |
| Deferred Revenue | $272M |
| Other Current Liabilities | $1.9B |
| TOTAL CURRENT LIABILITIES | $3.7B |
| Long-Term Debt | $14.5B |
| Deferred Revenue NC | $8M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.0B |
| TOTAL NON-CURRENT LIABILITIES | $18.1B |
| TOTAL LIABILITIES | $21.8B |
| Common Stock | $4M |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $19.1B |
| Treasury Stock | -$100.0K |
| Accum. Other Comp. Income | $215M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $20.9B |
| Minority Interest | -$74M |
| TOTAL EQUITY | $20.8B |
| TOTAL LIABILITIES & EQUITY | $42.7B |
| Total Debt | $16.9B |
| Net Debt | $15.2B |
