| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.0B | $2.6B | $2.6B | 14.9% | 18.2% |
| Op. Income | $325M | $227M | $55M | 43.1% | 489.4% |
| Gross Margin | 27.3% | 23.3% | 14.1% | 3.9pp | 13.2pp |
| Net Margin | 7.7% | 5.5% | -11.6% | 2.1pp | 19.2pp |
| EPS (Diluted) | $0.77 | $0.48 | $-54.00 | 60.4% | 101.4% |
| Free Cash Flow | $388M | $353M | -$31M | 9.8% | 1341.0% |
| Item | Amount |
|---|---|
| REVENUE | $3.0B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $825M |
| R&D Expenses | $0 |
| Selling & Marketing | $176M |
| General & Administrative | $165M |
| SG&A Expenses | $341M |
| Other Expenses | $159M |
| Operating Expenses | $500M |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | $325M |
| Interest Income | $33M |
| Interest Expense | $174M |
| Other Income/Expenses | -$96M |
| INCOME BEFORE TAX | $229M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | $233M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $232M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $232M |
| D&A | $0 |
| EBIT | $400M |
| EBITDA | $400M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.0B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $825M |
| R&D Expenses | $0 |
| Selling & Marketing | $176M |
| General & Administrative | $165M |
| SG&A Expenses | $341M |
| Other Expenses | $159M |
| Operating Expenses | $500M |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | $325M |
| Interest Income | $33M |
| Interest Expense | $174M |
| Other Income/Expenses | -$96M |
| INCOME BEFORE TAX | $229M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | $233M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $232M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $232M |
| D&A | $0 |
| EBIT | $400M |
| EBITDA | $400M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $232M |
| Depreciation & Amortization | $302M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $54M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $588M |
| Capital Expenditure | -$201M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $33M |
| NET CASH FROM INVESTING | -$167M |
| Net Debt Issuance | -$188M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$110M |
| NET CASH FROM FINANCING | -$299M |
| FREE CASH FLOW | $388M |
| Net Change in Cash | $104M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $225M |
| Net Receivables | $1.5B |
| Inventory | $552M |
| Other Current Assets | $232M |
| TOTAL CURRENT ASSETS | $4.2B |
| PP&E (Net) | $8.7B |
| Goodwill | $0 |
| Intangible Assets | $1.1B |
| Long-Term Investments | $34M |
| Tax Assets | $8M |
| Other Non-Current Assets | $184M |
| TOTAL NON-CURRENT ASSETS | $10.1B |
| TOTAL ASSETS | $14.3B |
| Account Payables | $1.8B |
| Short-Term Debt | $226M |
| Deferred Revenue | $2.9B |
| Other Current Liabilities | -$63M |
| TOTAL CURRENT LIABILITIES | $5.5B |
| Long-Term Debt | $2.9B |
| Deferred Revenue NC | $395M |
| Deferred Tax Liabilities | $361M |
| Other Non-Current Liabilities | $1.5B |
| TOTAL NON-CURRENT LIABILITIES | $8.3B |
| TOTAL LIABILITIES | $13.9B |
| Common Stock | $5.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $406M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$5.0B |
| Other Equity | $39.0K |
| TOTAL STOCKHOLDERS' EQUITY | $437M |
| Minority Interest | -$8M |
| TOTAL EQUITY | $430M |
| TOTAL LIABILITIES & EQUITY | $14.3B |
| Total Debt | $6.7B |
| Net Debt | $5.0B |
