| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $804M | $589M | $577M | 36.4% | 39.2% |
| Op. Income | $157M | $83M | $130M | 88.4% | 20.9% |
| Gross Margin | 36.4% | 37.1% | 44.7% | -0.7pp | -8.3pp |
| Net Margin | 9.1% | 47.4% | 19.6% | -38.3pp | -10.5pp |
| EPS (Diluted) | $0.36 | $1.39 | $0.56 | -74.1% | -35.7% |
| Free Cash Flow | -$282M | -$161M | -$23M | -74.6% | -1140.1% |
| Item | Amount |
|---|---|
| REVENUE | $804M |
| Cost of Revenue | $511M |
| GROSS PROFIT | $292M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $136M |
| Operating Expenses | $136M |
| Cost & Expenses | $647M |
| OPERATING INCOME | $157M |
| Interest Income | $0 |
| Interest Expense | $43M |
| Other Income/Expenses | -$70M |
| INCOME BEFORE TAX | $86M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $73M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $73M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $73M |
| D&A | $112M |
| EBIT | $130M |
| EBITDA | $241M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $804M |
| Cost of Revenue | $511M |
| GROSS PROFIT | $292M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $136M |
| Operating Expenses | $136M |
| Cost & Expenses | $647M |
| OPERATING INCOME | $157M |
| Interest Income | $0 |
| Interest Expense | $43M |
| Other Income/Expenses | -$70M |
| INCOME BEFORE TAX | $86M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $73M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $73M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $73M |
| D&A | $112M |
| EBIT | $130M |
| EBITDA | $241M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $73M |
| Depreciation & Amortization | $112M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$81M |
| Other Non-Cash Items | $14M |
| Change in Working Capital | -$171M |
| OPERATING CASH FLOW | -$51M |
| Capital Expenditure | -$231M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $625M |
| NET CASH FROM INVESTING | $394M |
| Net Debt Issuance | -$256M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$82M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$338M |
| FREE CASH FLOW | -$282M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $621M |
| Inventory | $212M |
| Other Current Assets | $866M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $10.2B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $382M |
| Tax Assets | $0 |
| Other Non-Current Assets | $529M |
| TOTAL NON-CURRENT ASSETS | $11.1B |
| TOTAL ASSETS | $12.8B |
| Account Payables | $297M |
| Short-Term Debt | $1.4B |
| Deferred Revenue | $82M |
| Other Current Liabilities | $88M |
| TOTAL CURRENT LIABILITIES | $2.1B |
| Long-Term Debt | $3.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.3B |
| Other Non-Current Liabilities | $1.6B |
| TOTAL NON-CURRENT LIABILITIES | $6.5B |
| TOTAL LIABILITIES | $8.6B |
| Common Stock | $1.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $3.1B |
| Treasury Stock | -$100.0K |
| Accum. Other Comp. Income | -$16M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.3B |
| TOTAL LIABILITIES & EQUITY | $12.8B |
| Total Debt | $5.0B |
| Net Debt | $5.0B |
