| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.8B | $5.6B | $5.2B | -14.0% | -7.9% |
| Op. Income | -$2.1B | $1.0B | $368M | -306.0% | -677.7% |
| Gross Margin | -42.6% | 29.1% | 8.3% | -71.7pp | -50.9pp |
| Net Margin | -37.0% | 15.1% | 6.1% | -52.1pp | -43.1pp |
| EPS (Diluted) | $-15.08 | $1.39 | $1.68 | -1184.9% | -997.6% |
| Free Cash Flow | $650M | $1.9B | $339M | -65.6% | 91.7% |
| Item | Amount |
|---|---|
| REVENUE | $4.8B |
| Cost of Revenue | $6.8B |
| GROSS PROFIT | -$2.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $79M |
| Operating Expenses | $79M |
| Cost & Expenses | $6.9B |
| OPERATING INCOME | -$2.1B |
| Interest Income | $0 |
| Interest Expense | $71M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$2.1B |
| Income Tax Expense | -$350M |
| Net Income from Continuing Ops | -$1.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1.8B |
| D&A | $0 |
| EBIT | -$2.1B |
| EBITDA | -$2.1B |
| EPS | -$15 |
| EPS Diluted | -$15 |
| Item | Amount |
|---|---|
| Net Income | -$1.8B |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$66M |
| Change in Working Capital | $2.5B |
| OPERATING CASH FLOW | $650M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4.0B |
| Sales/Maturities of Investments | $2.2B |
| Other Investing Activities | -$1.3B |
| NET CASH FROM INVESTING | -$3.1B |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | -$50M |
| Common Dividends Paid | -$77M |
| Other Financing Activities | $2.5B |
| NET CASH FROM FINANCING | $2.4B |
| FREE CASH FLOW | $650M |
| Net Change in Cash | -$95M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $97.6B |
| Net Receivables | $20.6B |
| Inventory | $0 |
| Other Current Assets | -$119.7B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $1.1B |
| Intangible Assets | $0 |
| Long-Term Investments | $101.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$102.7B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $324.7B |
| Account Payables | $0 |
| Short-Term Debt | $500M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$7.4B |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $6.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$6.0B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $322.5B |
| Common Stock | $4.5B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $6.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$8.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $324.7B |
| Total Debt | $6.5B |
| Net Debt | $5.0B |
