| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $960M | $1.1B | $1.7B | -14.6% | -43.3% |
| Op. Income | $44M | $192M | $308M | -76.9% | -85.6% |
| Gross Margin | 53.7% | 59.3% | 63.2% | -5.5pp | -9.5pp |
| Net Margin | 1.4% | 12.5% | 11.4% | -11.1pp | -10.0pp |
| EPS (Diluted) | $0.05 | $0.84 | $0.68 | -94.4% | -93.1% |
| Free Cash Flow | $739M | $288M | $346M | 156.6% | 113.5% |
| Item | Amount |
|---|---|
| REVENUE | $960M |
| Cost of Revenue | $444M |
| GROSS PROFIT | $516M |
| R&D Expenses | $0 |
| Selling & Marketing | $335M |
| General & Administrative | $73M |
| SG&A Expenses | $408M |
| Other Expenses | $64M |
| Operating Expenses | $472M |
| Cost & Expenses | $916M |
| OPERATING INCOME | $44M |
| Interest Income | $483M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $44M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $0 |
| EBIT | $44M |
| EBITDA | $44M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $960M |
| Cost of Revenue | $444M |
| GROSS PROFIT | $516M |
| R&D Expenses | $0 |
| Selling & Marketing | $335M |
| General & Administrative | $73M |
| SG&A Expenses | $408M |
| Other Expenses | $64M |
| Operating Expenses | $472M |
| Cost & Expenses | $916M |
| OPERATING INCOME | $44M |
| Interest Income | $483M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $44M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $0 |
| EBIT | $44M |
| EBITDA | $44M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $725M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $739M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$542M |
| NET CASH FROM INVESTING | -$542M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1.2B |
| NET CASH FROM FINANCING | -$1.2B |
| FREE CASH FLOW | $739M |
| Net Change in Cash | -$969M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.8B |
| Short-Term Investments | $0 |
| Net Receivables | $1.4B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $7.2B |
| PP&E (Net) | $99M |
| Goodwill | $1.3B |
| Intangible Assets | $128M |
| Long-Term Investments | $25.6B |
| Tax Assets | $707M |
| Other Non-Current Assets | $2.9B |
| TOTAL NON-CURRENT ASSETS | $30.7B |
| TOTAL ASSETS | $37.9B |
| Account Payables | $1.2B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $6.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $80M |
| Other Non-Current Liabilities | $16.5B |
| TOTAL NON-CURRENT LIABILITIES | $22.9B |
| TOTAL LIABILITIES | $24.1B |
| Common Stock | $11.0K |
| Additional Paid-In Capital | $4.7B |
| Retained Earnings | $9.7B |
| Treasury Stock | -$824M |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13.6B |
| Minority Interest | $224M |
| TOTAL EQUITY | $13.8B |
| TOTAL LIABILITIES & EQUITY | $37.9B |
| Total Debt | $6.3B |
| Net Debt | $486M |
