| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.2B | $4.8B | $4.6B | -12.6% | -8.0% |
| Op. Income | -$35M | -$2.1B | $236M | 98.4% | -114.8% |
| Gross Margin | 58.6% | -42.6% | 72.1% | 101.3pp | -13.5pp |
| Net Margin | 0.1% | -37.0% | 4.8% | 37.1pp | -4.7pp |
| EPS (Diluted) | $4.76 | $-15.08 | $1.20 | 131.6% | 296.7% |
| Free Cash Flow | $639M | $650M | $43M | -1.7% | 1386.0% |
| Item | Amount |
|---|---|
| REVENUE | $4.2B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $2.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $2.5B |
| Operating Expenses | $2.5B |
| Cost & Expenses | $4.2B |
| OPERATING INCOME | -$35M |
| Interest Income | $0 |
| Interest Expense | $78M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$35M |
| Income Tax Expense | -$41M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $0 |
| EBIT | $43M |
| EBITDA | $43M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $573M |
| Change in Working Capital | $60M |
| OPERATING CASH FLOW | $639M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3.0B |
| Sales/Maturities of Investments | $2.3B |
| Other Investing Activities | -$1.1B |
| NET CASH FROM INVESTING | -$1.8B |
| Net Debt Issuance | $115M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$76M |
| Other Financing Activities | $3.0B |
| NET CASH FROM FINANCING | $3.0B |
| FREE CASH FLOW | $639M |
| Net Change in Cash | $1.9B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.3B |
| Short-Term Investments | $99.7B |
| Net Receivables | $20.0B |
| Inventory | -$7.5B |
| Other Current Assets | $7.9B |
| TOTAL CURRENT ASSETS | $123.0B |
| PP&E (Net) | $140M |
| Goodwill | $1.1B |
| Intangible Assets | $904M |
| Long-Term Investments | $103.7B |
| Tax Assets | $4.0B |
| Other Non-Current Assets | -$4.2B |
| TOTAL NON-CURRENT ASSETS | $104.8B |
| TOTAL ASSETS | $334.2B |
| Account Payables | $0 |
| Short-Term Debt | $500M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$7.2B |
| TOTAL CURRENT LIABILITIES | $750M |
| Long-Term Debt | $6.0B |
| Deferred Revenue NC | $5.1B |
| Deferred Tax Liabilities | $2.4B |
| Other Non-Current Liabilities | $323.3B |
| TOTAL NON-CURRENT LIABILITIES | $750M |
| TOTAL LIABILITIES | $329.1B |
| Common Stock | $4.5B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $5.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$6.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.1B |
| TOTAL LIABILITIES & EQUITY | $334.2B |
| Total Debt | $6.5B |
| Net Debt | $3.1B |
