| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.5B | $1.6B | -3.4% | -7.4% |
| Op. Income | $290M | $419M | $418M | -30.8% | -30.6% |
| Gross Margin | 60.6% | 64.2% | 63.1% | -3.5pp | -2.5pp |
| Net Margin | 7.3% | 14.8% | 12.6% | -7.5pp | -5.3pp |
| EPS (Diluted) | $0.42 | $0.89 | $0.79 | -52.8% | -46.8% |
| Free Cash Flow | $202M | $102M | -$91M | 98.0% | 322.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $585M |
| GROSS PROFIT | $900M |
| R&D Expenses | $142M |
| Selling & Marketing | $255M |
| General & Administrative | $213M |
| SG&A Expenses | $468M |
| Other Expenses | $0 |
| Operating Expenses | $610M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $290M |
| Interest Income | $0 |
| Interest Expense | $119M |
| Other Income/Expenses | -$179M |
| INCOME BEFORE TAX | $111M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $108M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $108M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $108M |
| D&A | $52M |
| EBIT | $290M |
| EBITDA | $342M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $585M |
| GROSS PROFIT | $900M |
| R&D Expenses | $142M |
| Selling & Marketing | $255M |
| General & Administrative | $213M |
| SG&A Expenses | $468M |
| Other Expenses | $0 |
| Operating Expenses | $610M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $290M |
| Interest Income | $0 |
| Interest Expense | $119M |
| Other Income/Expenses | -$179M |
| INCOME BEFORE TAX | $111M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $108M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $108M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $108M |
| D&A | $52M |
| EBIT | $290M |
| EBITDA | $342M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $108M |
| Depreciation & Amortization | $52M |
| Stock-Based Compensation | $23M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $29M |
| Change in Working Capital | $55M |
| OPERATING CASH FLOW | $267M |
| Capital Expenditure | -$65M |
| Acquisitions (Net) | -$55M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $59M |
| NET CASH FROM INVESTING | -$61M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$73M |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$82M |
| FREE CASH FLOW | $202M |
| Net Change in Cash | $207M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $706M |
| Short-Term Investments | $0 |
| Net Receivables | $1.6B |
| Inventory | $1.0B |
| Other Current Assets | $616M |
| TOTAL CURRENT ASSETS | $3.9B |
| PP&E (Net) | $1.2B |
| Goodwill | $4.6B |
| Intangible Assets | $649M |
| Long-Term Investments | $0 |
| Tax Assets | $267M |
| Other Non-Current Assets | $272M |
| TOTAL NON-CURRENT ASSETS | $7.0B |
| TOTAL ASSETS | $11.0B |
| Account Payables | $1.1B |
| Short-Term Debt | $57M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.1B |
| TOTAL CURRENT LIABILITIES | $2.5B |
| Long-Term Debt | $8.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $19M |
| Other Non-Current Liabilities | $261M |
| TOTAL NON-CURRENT LIABILITIES | $9.3B |
| TOTAL LIABILITIES | $11.8B |
| Common Stock | $3M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$331M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$564M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$892M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$892M |
| TOTAL LIABILITIES & EQUITY | $11.0B |
| Total Debt | $9.1B |
| Net Debt | $8.4B |
