| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.6B | $1.4B | -2.1% | 7.8% |
| Op. Income | $59M | $16M | $53M | 268.8% | 12.1% |
| Gross Margin | 16.6% | 14.2% | 17.0% | 2.4pp | -0.4pp |
| Net Margin | 2.9% | 0.8% | 2.6% | 2.1pp | 0.3pp |
| EPS (Diluted) | $1.16 | $0.33 | $0.98 | 251.5% | 18.4% |
| Free Cash Flow | $202M | -$117M | $92M | 272.6% | 119.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $258M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $170M |
| SG&A Expenses | $177M |
| Other Expenses | $22M |
| Operating Expenses | $199M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $59M |
| Interest Income | $9M |
| Interest Expense | $7M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $61M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $11M |
| EBIT | $68M |
| EBITDA | $79M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $258M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $170M |
| SG&A Expenses | $177M |
| Other Expenses | $22M |
| Operating Expenses | $199M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $59M |
| Interest Income | $9M |
| Interest Expense | $7M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $61M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $11M |
| EBIT | $68M |
| EBITDA | $79M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $45M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $137M |
| OPERATING CASH FLOW | $210M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$8M |
| Sales/Maturities of Investments | $30M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $14M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$86M |
| Common Dividends Paid | -$21M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$110M |
| FREE CASH FLOW | $202M |
| Net Change in Cash | $114M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $679M |
| Short-Term Investments | $14M |
| Net Receivables | $657M |
| Inventory | $0 |
| Other Current Assets | $107M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $245M |
| Goodwill | $0 |
| Intangible Assets | $13M |
| Long-Term Investments | $0 |
| Tax Assets | $10M |
| Other Non-Current Assets | $251M |
| TOTAL NON-CURRENT ASSETS | $519M |
| TOTAL ASSETS | $2.0B |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $55M |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $369M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $171M |
| TOTAL NON-CURRENT LIABILITIES | $592M |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $555.0K |
| Additional Paid-In Capital | $173M |
| Retained Earnings | $740M |
| Treasury Stock | -$831M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $83M |
| Minority Interest | $0 |
| TOTAL EQUITY | $83M |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $421M |
| Net Debt | -$257M |
