| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $790M | $625M | $683M | 26.4% | 15.6% |
| Op. Income | $76M | $37M | -$2M | 105.4% | 3364.6% |
| Gross Margin | 35.4% | 42.1% | 99.7% | -6.7pp | -64.3pp |
| Net Margin | 1.9% | -3.3% | -0.3% | 5.2pp | 2.2pp |
| EPS (Diluted) | $0.05 | $-0.07 | $-0.12 | 174.2% | 143.9% |
| Free Cash Flow | $234M | $36M | -$2M | 543.8% | 11414.2% |
| Item | Amount |
|---|---|
| REVENUE | $790M |
| Cost of Revenue | $511M |
| GROSS PROFIT | $279M |
| R&D Expenses | $0 |
| Selling & Marketing | $108M |
| General & Administrative | $87M |
| SG&A Expenses | $195M |
| Other Expenses | $9M |
| Operating Expenses | $203M |
| Cost & Expenses | $714M |
| OPERATING INCOME | $76M |
| Interest Income | $10M |
| Interest Expense | $0 |
| Other Income/Expenses | -$59M |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $397M |
| EBIT | $62M |
| EBITDA | $459M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $790M |
| Cost of Revenue | $511M |
| GROSS PROFIT | $279M |
| R&D Expenses | $0 |
| Selling & Marketing | $108M |
| General & Administrative | $87M |
| SG&A Expenses | $195M |
| Other Expenses | $9M |
| Operating Expenses | $203M |
| Cost & Expenses | $714M |
| OPERATING INCOME | $76M |
| Interest Income | $10M |
| Interest Expense | $0 |
| Other Income/Expenses | -$59M |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $397M |
| EBIT | $62M |
| EBITDA | $459M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $404M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$82M |
| Change in Working Capital | -$119M |
| OPERATING CASH FLOW | $236M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$200.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$392M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $76M |
| NET CASH FROM FINANCING | -$315M |
| FREE CASH FLOW | $234M |
| Net Change in Cash | -$82M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $173M |
| Short-Term Investments | $0 |
| Net Receivables | $741M |
| Inventory | $31M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $985M |
| PP&E (Net) | $124M |
| Goodwill | $796M |
| Intangible Assets | $1.7B |
| Long-Term Investments | $66M |
| Tax Assets | $419M |
| Other Non-Current Assets | $15M |
| TOTAL NON-CURRENT ASSETS | $3.1B |
| TOTAL ASSETS | $4.1B |
| Account Payables | $230M |
| Short-Term Debt | $1.2B |
| Deferred Revenue | $140M |
| Other Current Liabilities | $528M |
| TOTAL CURRENT LIABILITIES | $2.3B |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $67M |
| Deferred Tax Liabilities | $19M |
| Other Non-Current Liabilities | $468M |
| TOTAL NON-CURRENT LIABILITIES | $2.3B |
| TOTAL LIABILITIES | $4.6B |
| Common Stock | $784M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$27M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $117M |
| Other Equity | -$1.8B |
| TOTAL STOCKHOLDERS' EQUITY | -$880M |
| Minority Interest | $412M |
| TOTAL EQUITY | -$468M |
| TOTAL LIABILITIES & EQUITY | $4.1B |
| Total Debt | $3.0B |
| Net Debt | $2.8B |
