| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $954M | $764M | 13.8% | 42.2% |
| Op. Income | $163M | $118M | $182M | 38.1% | -10.3% |
| Gross Margin | 44.7% | 40.9% | 46.4% | 3.8pp | -1.7pp |
| Net Margin | 5.0% | 0.6% | 19.7% | 4.3pp | -14.7pp |
| EPS (Diluted) | $0.81 | $0.09 | $2.70 | 800.0% | -70.0% |
| Free Cash Flow | $129M | $173M | $171M | -25.4% | -24.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $601M |
| GROSS PROFIT | $485M |
| R&D Expenses | $73M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $169M |
| Other Expenses | $80M |
| Operating Expenses | $322M |
| Cost & Expenses | $923M |
| OPERATING INCOME | $163M |
| Interest Income | $2M |
| Interest Expense | $84M |
| Other Income/Expenses | -$97M |
| INCOME BEFORE TAX | $66M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $54M |
| D&A | $96M |
| EBIT | $150M |
| EBITDA | $246M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $601M |
| GROSS PROFIT | $485M |
| R&D Expenses | $73M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $169M |
| Other Expenses | $80M |
| Operating Expenses | $322M |
| Cost & Expenses | $923M |
| OPERATING INCOME | $163M |
| Interest Income | $2M |
| Interest Expense | $84M |
| Other Income/Expenses | -$97M |
| INCOME BEFORE TAX | $66M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $54M |
| D&A | $96M |
| EBIT | $150M |
| EBITDA | $246M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $54M |
| Depreciation & Amortization | $96M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | -$50M |
| Other Non-Cash Items | $41M |
| Change in Working Capital | $29M |
| OPERATING CASH FLOW | $184M |
| Capital Expenditure | -$55M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$52M |
| Net Debt Issuance | -$126M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$15M |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$137M |
| FREE CASH FLOW | $129M |
| Net Change in Cash | $25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $909M |
| Short-Term Investments | $1M |
| Net Receivables | $720M |
| Inventory | $977M |
| Other Current Assets | $187M |
| TOTAL CURRENT ASSETS | $2.8B |
| PP&E (Net) | $1.0B |
| Goodwill | $4.3B |
| Intangible Assets | $3.2B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $186M |
| TOTAL NON-CURRENT ASSETS | $8.7B |
| TOTAL ASSETS | $11.5B |
| Account Payables | $426M |
| Short-Term Debt | $93M |
| Deferred Revenue | $94M |
| Other Current Liabilities | $262M |
| TOTAL CURRENT LIABILITIES | $952M |
| Long-Term Debt | $4.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $783M |
| Other Non-Current Liabilities | $228M |
| TOTAL NON-CURRENT LIABILITIES | $6.1B |
| TOTAL LIABILITIES | $7.0B |
| Common Stock | $0 |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | $2.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $69M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.5B |
| TOTAL LIABILITIES & EQUITY | $11.5B |
| Total Debt | $5.2B |
| Net Debt | $4.3B |
