| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.8B | $2.7B | $1.9B | 2.2% | 44.6% |
| Op. Income | $243M | $1.9B | -$184M | -87.0% | 232.5% |
| Gross Margin | 21.7% | 54.3% | 8.1% | -32.5pp | 13.7pp |
| Net Margin | 4.4% | 93.6% | -19.8% | -89.2pp | 24.2pp |
| EPS (Diluted) | $0.40 | $8.20 | $-70.00 | -95.1% | 100.6% |
| Free Cash Flow | $330M | -$694M | -$101M | 147.6% | 426.2% |
| Item | Amount |
|---|---|
| REVENUE | $2.8B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $603M |
| R&D Expenses | $0 |
| Selling & Marketing | $121M |
| General & Administrative | $146M |
| SG&A Expenses | $267M |
| Other Expenses | $92M |
| Operating Expenses | $359M |
| Cost & Expenses | $2.5B |
| OPERATING INCOME | $243M |
| Interest Income | $18M |
| Interest Expense | $164M |
| Other Income/Expenses | -$129M |
| INCOME BEFORE TAX | $114M |
| Income Tax Expense | -$7M |
| Net Income from Continuing Ops | $121M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $122M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $122M |
| D&A | $0 |
| EBIT | $277M |
| EBITDA | $277M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.8B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $603M |
| R&D Expenses | $0 |
| Selling & Marketing | $121M |
| General & Administrative | $146M |
| SG&A Expenses | $267M |
| Other Expenses | $92M |
| Operating Expenses | $359M |
| Cost & Expenses | $2.5B |
| OPERATING INCOME | $243M |
| Interest Income | $18M |
| Interest Expense | $164M |
| Other Income/Expenses | -$129M |
| INCOME BEFORE TAX | $114M |
| Income Tax Expense | -$7M |
| Net Income from Continuing Ops | $121M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $122M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $122M |
| D&A | $0 |
| EBIT | $277M |
| EBITDA | $277M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $122M |
| Depreciation & Amortization | $264M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $57M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $442M |
| Capital Expenditure | -$111M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $86M |
| NET CASH FROM INVESTING | -$26M |
| Net Debt Issuance | -$139M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$87M |
| NET CASH FROM FINANCING | -$226M |
| FREE CASH FLOW | $330M |
| Net Change in Cash | $199M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $502M |
| Net Receivables | $1.1B |
| Inventory | $505M |
| Other Current Assets | $200M |
| TOTAL CURRENT ASSETS | $3.8B |
| PP&E (Net) | $8.4B |
| Goodwill | $0 |
| Intangible Assets | $1.1B |
| Long-Term Investments | $16M |
| Tax Assets | $5M |
| Other Non-Current Assets | $176M |
| TOTAL NON-CURRENT ASSETS | $9.6B |
| TOTAL ASSETS | $13.4B |
| Account Payables | $1.7B |
| Short-Term Debt | $539M |
| Deferred Revenue | $2.5B |
| Other Current Liabilities | -$246M |
| TOTAL CURRENT LIABILITIES | $5.2B |
| Long-Term Debt | $3.0B |
| Deferred Revenue NC | $489M |
| Deferred Tax Liabilities | $358M |
| Other Non-Current Liabilities | $1.4B |
| TOTAL NON-CURRENT LIABILITIES | $8.1B |
| TOTAL LIABILITIES | $13.2B |
| Common Stock | $13.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$7.3B |
| Treasury Stock | -$178.0K |
| Accum. Other Comp. Income | -$5.8B |
| Other Equity | $39.0K |
| TOTAL STOCKHOLDERS' EQUITY | $202M |
| Minority Interest | -$13M |
| TOTAL EQUITY | $189M |
| TOTAL LIABILITIES & EQUITY | $13.4B |
| Total Debt | $6.8B |
| Net Debt | $5.4B |
