| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $455M | $497M | $405M | -8.5% | 12.4% |
| Op. Income | $8M | $18M | $7M | -58.5% | 4.1% |
| Gross Margin | 16.3% | 17.8% | 17.1% | -1.5pp | -0.7pp |
| Net Margin | 0.5% | 3.0% | -0.0% | -2.5pp | 0.6pp |
| EPS (Diluted) | $0.07 | $0.42 | $-0.01 | -83.3% | 1328.1% |
| Free Cash Flow | -$21M | -$8M | $12M | -165.0% | -284.3% |
| Item | Amount |
|---|---|
| REVENUE | $455M |
| Cost of Revenue | $380M |
| GROSS PROFIT | $74M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $66M |
| Other Expenses | $900.0K |
| Operating Expenses | $67M |
| Cost & Expenses | $447M |
| OPERATING INCOME | $8M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | -$300.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $15M |
| EBIT | $10M |
| EBITDA | $25M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $455M |
| Cost of Revenue | $380M |
| GROSS PROFIT | $74M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $66M |
| Other Expenses | $900.0K |
| Operating Expenses | $67M |
| Cost & Expenses | $447M |
| OPERATING INCOME | $8M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | -$300.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $15M |
| EBIT | $10M |
| EBITDA | $25M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$27M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $100.0K |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | $18M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | $22M |
| FREE CASH FLOW | -$21M |
| Net Change in Cash | $100.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $43M |
| Short-Term Investments | $0 |
| Net Receivables | $222M |
| Inventory | $672M |
| Other Current Assets | $32M |
| TOTAL CURRENT ASSETS | $968M |
| PP&E (Net) | $345M |
| Goodwill | $245M |
| Intangible Assets | $128M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $36M |
| TOTAL NON-CURRENT ASSETS | $754M |
| TOTAL ASSETS | $1.7B |
| Account Payables | $251M |
| Short-Term Debt | $8M |
| Deferred Revenue | $28M |
| Other Current Liabilities | $178M |
| TOTAL CURRENT LIABILITIES | $531M |
| Long-Term Debt | $404M |
| Deferred Revenue NC | $16M |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | $111M |
| TOTAL NON-CURRENT LIABILITIES | $560M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $400.0K |
| Additional Paid-In Capital | $604M |
| Retained Earnings | $248M |
| Treasury Stock | -$65M |
| Accum. Other Comp. Income | -$157M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $631M |
| Minority Interest | $0 |
| TOTAL EQUITY | $631M |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $435M |
| Net Debt | $392M |
