| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $697M | $639M | $306M | 9.2% | 128.0% |
| Op. Income | $216M | $148M | $63M | 46.7% | 242.7% |
| Gross Margin | 35.8% | 28.2% | 26.6% | 7.6pp | 9.2pp |
| Net Margin | 22.7% | 10.3% | 11.0% | 12.4pp | 11.7pp |
| EPS (Diluted) | $1.09 | $0.45 | $0.17 | 142.2% | 541.2% |
| Free Cash Flow | $40M | $104M | $44M | -61.5% | -8.3% |
| Item | Amount |
|---|---|
| REVENUE | $697M |
| Cost of Revenue | $448M |
| GROSS PROFIT | $249M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $33M |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $33M |
| Cost & Expenses | $481M |
| OPERATING INCOME | $216M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $210M |
| Income Tax Expense | $52M |
| Net Income from Continuing Ops | $158M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $158M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $158M |
| D&A | $77M |
| EBIT | $216M |
| EBITDA | $294M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $697M |
| Cost of Revenue | $448M |
| GROSS PROFIT | $249M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $33M |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $33M |
| Cost & Expenses | $481M |
| OPERATING INCOME | $216M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $210M |
| Income Tax Expense | $52M |
| Net Income from Continuing Ops | $158M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $158M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $158M |
| D&A | $77M |
| EBIT | $216M |
| EBITDA | $294M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $158M |
| Depreciation & Amortization | $66M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $15M |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$107M |
| OPERATING CASH FLOW | $139M |
| Capital Expenditure | -$99M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$99M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | -$42M |
| Other Financing Activities | $54.0K |
| NET CASH FROM FINANCING | -$53M |
| FREE CASH FLOW | $40M |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $245M |
| Short-Term Investments | $0 |
| Net Receivables | $642M |
| Inventory | $0 |
| Other Current Assets | $148M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $4.0B |
| Goodwill | $0 |
| Intangible Assets | $11M |
| Long-Term Investments | -$9M |
| Tax Assets | $9M |
| Other Non-Current Assets | $212M |
| TOTAL NON-CURRENT ASSETS | $4.2B |
| TOTAL ASSETS | $5.3B |
| Account Payables | $281M |
| Short-Term Debt | $0 |
| Deferred Revenue | $19M |
| Other Current Liabilities | $57M |
| TOTAL CURRENT LIABILITIES | $516M |
| Long-Term Debt | $586M |
| Deferred Revenue NC | $78M |
| Deferred Tax Liabilities | $9M |
| Other Non-Current Liabilities | $247M |
| TOTAL NON-CURRENT LIABILITIES | $920M |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $3.4B |
| Retained Earnings | $464M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.8B |
| TOTAL LIABILITIES & EQUITY | $5.3B |
| Total Debt | $586M |
| Net Debt | $341M |
