| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.7B | $3.8B | $4.7B | -1.6% | -20.1% |
| Op. Income | $390M | -$3.3B | $1.1B | 111.9% | -64.0% |
| Gross Margin | 51.4% | 51.9% | 57.5% | -0.6pp | -6.2pp |
| Net Margin | 13.7% | -80.8% | 12.8% | 94.4pp | 0.9pp |
| EPS (Diluted) | $0.52 | $-3.08 | $0.59 | 116.9% | -11.9% |
| Free Cash Flow | -$45M | $8M | $798M | -662.5% | -105.6% |
| Item | Amount |
|---|---|
| REVENUE | $3.7B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $760M |
| SG&A Expenses | $760M |
| Other Expenses | $771M |
| Operating Expenses | $1.5B |
| Cost & Expenses | $3.3B |
| OPERATING INCOME | $390M |
| Interest Income | $13M |
| Interest Expense | $279M |
| Other Income/Expenses | $290M |
| INCOME BEFORE TAX | $680M |
| Income Tax Expense | $169M |
| Net Income from Continuing Ops | $511M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $511M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $511M |
| D&A | $733M |
| EBIT | $959M |
| EBITDA | $1.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.7B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $760M |
| SG&A Expenses | $760M |
| Other Expenses | $771M |
| Operating Expenses | $1.5B |
| Cost & Expenses | $3.3B |
| OPERATING INCOME | $390M |
| Interest Income | $13M |
| Interest Expense | $279M |
| Other Income/Expenses | $290M |
| INCOME BEFORE TAX | $680M |
| Income Tax Expense | $169M |
| Net Income from Continuing Ops | $511M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $511M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $511M |
| D&A | $733M |
| EBIT | $959M |
| EBITDA | $1.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $511M |
| Depreciation & Amortization | $733M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | $46M |
| Other Non-Cash Items | -$468M |
| Change in Working Capital | -$241M |
| OPERATING CASH FLOW | $595M |
| Capital Expenditure | -$640M |
| Acquisitions (Net) | $23M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$616M |
| Net Debt Issuance | -$61M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$8M |
| Other Financing Activities | -$17M |
| NET CASH FROM FINANCING | -$86M |
| FREE CASH FLOW | -$45M |
| Net Change in Cash | -$107M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $0 |
| Net Receivables | $1.4B |
| Inventory | $223M |
| Other Current Assets | $2.2B |
| TOTAL CURRENT ASSETS | $5.4B |
| PP&E (Net) | $19.3B |
| Goodwill | $12.7B |
| Intangible Assets | $6.0B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.1B |
| TOTAL NON-CURRENT ASSETS | $40.1B |
| TOTAL ASSETS | $45.5B |
| Account Payables | $1.1B |
| Short-Term Debt | $153M |
| Deferred Revenue | $607M |
| Other Current Liabilities | $650M |
| TOTAL CURRENT LIABILITIES | $4.8B |
| Long-Term Debt | $19.7B |
| Deferred Revenue NC | $1.8B |
| Deferred Tax Liabilities | $3.2B |
| Other Non-Current Liabilities | $4.9B |
| TOTAL NON-CURRENT LIABILITIES | $29.7B |
| TOTAL LIABILITIES | $34.5B |
| Common Stock | $1.0B |
| Additional Paid-In Capital | $18.1B |
| Retained Earnings | -$7.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $11.0B |
| TOTAL LIABILITIES & EQUITY | $45.5B |
| Total Debt | $20.2B |
| Net Debt | $19.1B |
