| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.1B | $849M | 2.3% | 36.5% |
| Op. Income | $144M | $114M | $332M | 26.3% | -56.6% |
| Gross Margin | 29.0% | 27.8% | 64.1% | 1.2pp | -35.1pp |
| Net Margin | 9.6% | 9.3% | 30.0% | 0.3pp | -20.5pp |
| EPS (Diluted) | $0.85 | $0.78 | $1.67 | 9.0% | -49.1% |
| Free Cash Flow | $145M | $207M | -$109M | -30.0% | 233.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $823M |
| GROSS PROFIT | $336M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $105M |
| SG&A Expenses | $105M |
| Other Expenses | $87M |
| Operating Expenses | $192M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $144M |
| Interest Income | $1.1B |
| Interest Expense | $837M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $144M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $111M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $111M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $111M |
| D&A | $0 |
| EBIT | $144M |
| EBITDA | $144M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $823M |
| GROSS PROFIT | $336M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $105M |
| SG&A Expenses | $105M |
| Other Expenses | $87M |
| Operating Expenses | $192M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $144M |
| Interest Income | $1.1B |
| Interest Expense | $837M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $144M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $111M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $111M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $111M |
| D&A | $0 |
| EBIT | $144M |
| EBITDA | $144M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $111M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $54M |
| Change in Working Capital | -$29M |
| OPERATING CASH FLOW | $145M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1.8B |
| NET CASH FROM INVESTING | $1.8B |
| Net Debt Issuance | -$3.9B |
| Common Stock Repurchased | -$85M |
| Common Dividends Paid | -$21M |
| Other Financing Activities | -$57M |
| NET CASH FROM FINANCING | -$4.0B |
| FREE CASH FLOW | $145M |
| Net Change in Cash | -$2.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $570M |
| Short-Term Investments | $0 |
| Net Receivables | $2.2B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.8B |
| PP&E (Net) | $69M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $60.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.7B |
| TOTAL NON-CURRENT ASSETS | $64.1B |
| TOTAL ASSETS | $66.9B |
| Account Payables | $0 |
| Short-Term Debt | $5.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $5.1B |
| Long-Term Debt | $58.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $427M |
| TOTAL NON-CURRENT LIABILITIES | $58.9B |
| TOTAL LIABILITIES | $64.0B |
| Common Stock | $4M |
| Additional Paid-In Capital | $3.3B |
| Retained Earnings | $4.6B |
| Treasury Stock | -$5.0B |
| Accum. Other Comp. Income | $66M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.0B |
| TOTAL LIABILITIES & EQUITY | $66.9B |
| Total Debt | $63.5B |
| Net Debt | $63.0B |
