| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $508M | $622M | $459M | -18.2% | 10.7% |
| Op. Income | $30M | -$137M | $18M | 122.1% | 71.6% |
| Gross Margin | 20.9% | 18.7% | 18.5% | 2.2pp | 2.4pp |
| Net Margin | 3.2% | -23.2% | 0.7% | 26.4pp | 2.6pp |
| EPS (Diluted) | $0.46 | $-4.10 | $0.09 | 111.2% | 427.5% |
| Free Cash Flow | $5M | $47M | -$3M | -89.9% | 254.8% |
| Item | Amount |
|---|---|
| REVENUE | $508M |
| Cost of Revenue | $402M |
| GROSS PROFIT | $106M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $75M |
| Other Expenses | $1M |
| Operating Expenses | $76M |
| Cost & Expenses | $478M |
| OPERATING INCOME | $30M |
| Interest Income | -$300.0K |
| Interest Expense | $8M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $15M |
| EBIT | $29M |
| EBITDA | $44M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $508M |
| Cost of Revenue | $402M |
| GROSS PROFIT | $106M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $75M |
| Other Expenses | $1M |
| Operating Expenses | $76M |
| Cost & Expenses | $478M |
| OPERATING INCOME | $30M |
| Interest Income | -$300.0K |
| Interest Expense | $8M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $15M |
| EBIT | $29M |
| EBITDA | $44M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $300.0K |
| Change in Working Capital | -$19M |
| OPERATING CASH FLOW | $15M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | -$12M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $300.0K |
| NET CASH FROM FINANCING | -$15M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $57M |
| Short-Term Investments | $0 |
| Net Receivables | $260M |
| Inventory | $721M |
| Other Current Assets | $42M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $375M |
| Goodwill | $80M |
| Intangible Assets | $127M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $31M |
| TOTAL NON-CURRENT ASSETS | $612M |
| TOTAL ASSETS | $1.7B |
| Account Payables | $338M |
| Short-Term Debt | $8M |
| Deferred Revenue | $24M |
| Other Current Liabilities | $137M |
| TOTAL CURRENT LIABILITIES | $618M |
| Long-Term Debt | $370M |
| Deferred Revenue NC | $15M |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $99M |
| TOTAL NON-CURRENT LIABILITIES | $521M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $400.0K |
| Additional Paid-In Capital | $606M |
| Retained Earnings | $121M |
| Treasury Stock | -$66M |
| Accum. Other Comp. Income | -$108M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $553M |
| Minority Interest | $0 |
| TOTAL EQUITY | $553M |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $410M |
| Net Debt | $354M |
