| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.3B | $1.5B | 13.0% | -0.4% |
| Op. Income | $35M | $10M | $199M | 251.5% | -82.5% |
| Gross Margin | 55.6% | 58.7% | 56.9% | -3.1pp | -1.3pp |
| Net Margin | 0.6% | -0.1% | 11.4% | 0.8pp | -10.8pp |
| EPS (Diluted) | $0.02 | $-0.00 | $0.43 | 697.5% | -94.4% |
| Free Cash Flow | -$18M | $216M | -$12M | -108.3% | -49.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $672M |
| GROSS PROFIT | $840M |
| R&D Expenses | $0 |
| Selling & Marketing | $422M |
| General & Administrative | $291M |
| SG&A Expenses | $713M |
| Other Expenses | $92M |
| Operating Expenses | $805M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $35M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$38M |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | -$13M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $43M |
| EBIT | $8M |
| EBITDA | $51M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $43M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | -$41M |
| Other Non-Cash Items | $116M |
| Change in Working Capital | -$95M |
| OPERATING CASH FLOW | $51M |
| Capital Expenditure | -$69M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | -$34M |
| Other Investing Activities | $27M |
| NET CASH FROM INVESTING | -$79M |
| Net Debt Issuance | -$100M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$48M |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$145M |
| FREE CASH FLOW | -$18M |
| Net Change in Cash | -$177M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $295M |
| Short-Term Investments | $0 |
| Net Receivables | $690M |
| Inventory | $1.4B |
| Other Current Assets | $207M |
| TOTAL CURRENT ASSETS | $2.6B |
| PP&E (Net) | $1.6B |
| Goodwill | $301M |
| Intangible Assets | $269M |
| Long-Term Investments | $0 |
| Tax Assets | $724M |
| Other Non-Current Assets | $390M |
| TOTAL NON-CURRENT ASSETS | $3.3B |
| TOTAL ASSETS | $5.9B |
| Account Payables | $574M |
| Short-Term Debt | $40M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $721M |
| TOTAL CURRENT LIABILITIES | $1.8B |
| Long-Term Debt | $1.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $297M |
| TOTAL NON-CURRENT LIABILITIES | $2.1B |
| TOTAL LIABILITIES | $3.9B |
| Common Stock | $400.0K |
| Additional Paid-In Capital | $668M |
| Retained Earnings | $1.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$398M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $5.9B |
| Total Debt | $2.1B |
| Net Debt | $1.8B |
