| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.8B | $4.4B | $4.8B | -13.4% | -21.6% |
| Op. Income | -$3.3B | $791M | $1.2B | -515.2% | -382.9% |
| Gross Margin | 51.9% | 35.3% | 57.0% | 16.7pp | -5.0pp |
| Net Margin | -80.8% | 13.2% | 10.5% | -93.9pp | -91.2pp |
| EPS (Diluted) | $-3.08 | $0.57 | $0.50 | -640.4% | -716.0% |
| Free Cash Flow | $8M | $278M | $759M | -97.1% | -98.9% |
| Item | Amount |
|---|---|
| REVENUE | $3.8B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $2.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $62M |
| General & Administrative | $590M |
| SG&A Expenses | $652M |
| Other Expenses | $4.6B |
| Operating Expenses | $5.3B |
| Cost & Expenses | $7.1B |
| OPERATING INCOME | -$3.3B |
| Interest Income | $0 |
| Interest Expense | $280M |
| Other Income/Expenses | $102M |
| INCOME BEFORE TAX | -$3.2B |
| Income Tax Expense | -$113M |
| Net Income from Continuing Ops | -$3.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3.1B |
| D&A | $796M |
| EBIT | $526M |
| EBITDA | $1.3B |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$3.1B |
| Depreciation & Amortization | $796M |
| Stock-Based Compensation | $27M |
| Deferred Income Tax | -$1.8B |
| Other Non-Cash Items | $4.0B |
| Change in Working Capital | $937M |
| OPERATING CASH FLOW | $841M |
| Capital Expenditure | -$833M |
| Acquisitions (Net) | $5.7B |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $53M |
| NET CASH FROM INVESTING | $4.9B |
| Net Debt Issuance | -$4.5B |
| Common Stock Repurchased | -$200M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$4.7B |
| FREE CASH FLOW | $8M |
| Net Change in Cash | $1.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $0 |
| Net Receivables | $1.5B |
| Inventory | $236M |
| Other Current Assets | $1.9B |
| TOTAL CURRENT ASSETS | $5.2B |
| PP&E (Net) | $19.2B |
| Goodwill | $12.7B |
| Intangible Assets | $6.2B |
| Long-Term Investments | $12M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.4B |
| TOTAL NON-CURRENT ASSETS | $40.4B |
| TOTAL ASSETS | $45.6B |
| Account Payables | $1.0B |
| Short-Term Debt | $498M |
| Deferred Revenue | $596M |
| Other Current Liabilities | $909M |
| TOTAL CURRENT LIABILITIES | $4.9B |
| Long-Term Debt | $20.2B |
| Deferred Revenue NC | $1.8B |
| Deferred Tax Liabilities | $3.2B |
| Other Non-Current Liabilities | $3.9B |
| TOTAL NON-CURRENT LIABILITIES | $30.3B |
| TOTAL LIABILITIES | $35.2B |
| Common Stock | $1.0B |
| Additional Paid-In Capital | $18.1B |
| Retained Earnings | -$7.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $10.4B |
| TOTAL LIABILITIES & EQUITY | $45.6B |
| Total Debt | $22.0B |
| Net Debt | $20.8B |
