| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.0B | $826M | $840M | 24.8% | 22.7% |
| Op. Income | $137M | $244M | $220M | -43.9% | -37.7% |
| Gross Margin | 35.1% | 52.9% | 58.6% | -17.8pp | -23.5pp |
| Net Margin | 10.2% | 21.8% | 20.6% | -11.6pp | -10.4pp |
| EPS (Diluted) | $0.74 | $1.22 | $1.04 | -39.3% | -28.8% |
| Free Cash Flow | $68M | $139M | $201M | -51.1% | -66.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $669M |
| GROSS PROFIT | $362M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $106M |
| SG&A Expenses | $106M |
| Other Expenses | $119M |
| Operating Expenses | $225M |
| Cost & Expenses | $894M |
| OPERATING INCOME | $137M |
| Interest Income | $881M |
| Interest Expense | $641M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $137M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $105M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $105M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $105M |
| D&A | $0 |
| EBIT | $137M |
| EBITDA | $137M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $669M |
| GROSS PROFIT | $362M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $106M |
| SG&A Expenses | $106M |
| Other Expenses | $119M |
| Operating Expenses | $225M |
| Cost & Expenses | $894M |
| OPERATING INCOME | $137M |
| Interest Income | $881M |
| Interest Expense | $641M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $137M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $105M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $105M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $105M |
| D&A | $0 |
| EBIT | $137M |
| EBITDA | $137M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $105M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$104M |
| Change in Working Capital | $63M |
| OPERATING CASH FLOW | $68M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2.9B |
| NET CASH FROM INVESTING | $2.9B |
| Net Debt Issuance | -$2.3B |
| Common Stock Repurchased | -$95M |
| Common Dividends Paid | -$22M |
| Other Financing Activities | $14M |
| NET CASH FROM FINANCING | -$2.4B |
| FREE CASH FLOW | $68M |
| Net Change in Cash | $476M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $0 |
| Net Receivables | $2.2B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.5B |
| PP&E (Net) | $77M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $66.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $3.0B |
| TOTAL NON-CURRENT ASSETS | $70.1B |
| TOTAL ASSETS | $73.6B |
| Account Payables | $0 |
| Short-Term Debt | $4.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4.7B |
| Long-Term Debt | $65.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $302M |
| TOTAL NON-CURRENT LIABILITIES | $66.0B |
| TOTAL LIABILITIES | $70.7B |
| Common Stock | $4M |
| Additional Paid-In Capital | $3.3B |
| Retained Earnings | $4.4B |
| Treasury Stock | -$4.8B |
| Accum. Other Comp. Income | $84M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.0B |
| TOTAL LIABILITIES & EQUITY | $73.6B |
| Total Debt | $70.3B |
| Net Debt | $69.0B |
