| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.2B | $6.2B | $5.1B | -0.8% | 22.2% |
| Op. Income | -$385M | $395M | $195M | -197.5% | -297.4% |
| Gross Margin | 16.3% | 19.5% | 17.4% | -3.2pp | -1.1pp |
| Net Margin | -3.6% | 4.5% | 1.3% | -8.0pp | -4.9pp |
| EPS (Diluted) | $-0.37 | $0.43 | $0.11 | -186.0% | -436.4% |
| Free Cash Flow | -$785M | -$845M | $64M | 7.1% | -1326.6% |
| Item | Amount |
|---|---|
| REVENUE | $6.2B |
| Cost of Revenue | $5.2B |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $1.4B |
| Operating Expenses | $1.4B |
| Cost & Expenses | $6.6B |
| OPERATING INCOME | -$385M |
| Interest Income | $116M |
| Interest Expense | $60M |
| Other Income/Expenses | $100M |
| INCOME BEFORE TAX | -$285M |
| Income Tax Expense | -$65M |
| Net Income from Continuing Ops | -$220M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$220M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$220M |
| D&A | $367M |
| EBIT | -$225M |
| EBITDA | $142M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$220M |
| Depreciation & Amortization | $367M |
| Stock-Based Compensation | $84M |
| Deferred Income Tax | $32M |
| Other Non-Cash Items | -$174M |
| Change in Working Capital | $490M |
| OPERATING CASH FLOW | $579M |
| Capital Expenditure | -$1.4B |
| Acquisitions (Net) | $3.9B |
| Purchases of Investments | -$1.4B |
| Sales/Maturities of Investments | $1.8B |
| Other Investing Activities | -$3.9B |
| NET CASH FROM INVESTING | -$933M |
| Net Debt Issuance | -$612M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$597M |
| FREE CASH FLOW | -$785M |
| Net Change in Cash | -$951M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9.5B |
| Short-Term Investments | $2.8B |
| Net Receivables | $1.0B |
| Inventory | $790M |
| Other Current Assets | $686M |
| TOTAL CURRENT ASSETS | $14.8B |
| PP&E (Net) | $18.7B |
| Goodwill | $970M |
| Intangible Assets | $296M |
| Long-Term Investments | $235M |
| Tax Assets | $0 |
| Other Non-Current Assets | $324M |
| TOTAL NON-CURRENT ASSETS | $20.6B |
| TOTAL ASSETS | $35.4B |
| Account Payables | $277M |
| Short-Term Debt | $42M |
| Deferred Revenue | $6.1B |
| Other Current Liabilities | $1.7B |
| TOTAL CURRENT LIABILITIES | $10.4B |
| Long-Term Debt | $7.9B |
| Deferred Revenue NC | $2.2B |
| Deferred Tax Liabilities | $2.0B |
| Other Non-Current Liabilities | $969M |
| TOTAL NON-CURRENT LIABILITIES | $14.3B |
| TOTAL LIABILITIES | $24.7B |
| Common Stock | $888M |
| Additional Paid-In Capital | $4.0B |
| Retained Earnings | $16.3B |
| Treasury Stock | -$10.8B |
| Accum. Other Comp. Income | $344M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $10.7B |
| TOTAL LIABILITIES & EQUITY | $35.4B |
| Total Debt | $9.5B |
| Net Debt | -$19M |
