| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $403M | $585M | $363M | -31.1% | 11.2% |
| Op. Income | -$12M | -$3M | $65M | -375.8% | -118.7% |
| Gross Margin | 79.8% | 79.7% | 81.0% | 0.1pp | -1.2pp |
| Net Margin | -15.2% | -22.7% | 4.9% | 7.5pp | -20.1pp |
| EPS (Diluted) | $-0.37 | $-3.93 | $1.65 | 90.6% | -122.4% |
| Free Cash Flow | $239M | $85M | $181M | 181.1% | 31.8% |
| Item | Amount |
|---|---|
| REVENUE | $403M |
| Cost of Revenue | $82M |
| GROSS PROFIT | $322M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $213M |
| Other Expenses | $121M |
| Operating Expenses | $334M |
| Cost & Expenses | $416M |
| OPERATING INCOME | -$12M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$60M |
| INCOME BEFORE TAX | -$72M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | -$61M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$61M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$61M |
| D&A | $77M |
| EBIT | $32M |
| EBITDA | $109M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$61M |
| Depreciation & Amortization | $98M |
| Stock-Based Compensation | $34M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$134M |
| Change in Working Capital | $308M |
| OPERATING CASH FLOW | $245M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | -$622M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$15M |
| NET CASH FROM INVESTING | -$643M |
| Net Debt Issuance | $567M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $105M |
| NET CASH FROM FINANCING | $672M |
| FREE CASH FLOW | $239M |
| Net Change in Cash | $275M |
