| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $831M | $871M | $875M | -4.7% | -5.1% |
| Op. Income | $7M | $6M | $44M | 21.3% | -84.4% |
| Gross Margin | 30.1% | 30.0% | 31.3% | 0.1pp | -1.1pp |
| Net Margin | 0.7% | 0.5% | 1.0% | 0.2pp | -0.3pp |
| EPS (Diluted) | $0.03 | $0.02 | $0.05 | 50.0% | -40.0% |
| Free Cash Flow | -$70M | $4M | $14M | -2087.6% | -590.3% |
| Item | Amount |
|---|---|
| REVENUE | $831M |
| Cost of Revenue | $580M |
| GROSS PROFIT | $250M |
| R&D Expenses | $10M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $234M |
| Other Expenses | $0 |
| Operating Expenses | $244M |
| Cost & Expenses | $824M |
| OPERATING INCOME | $7M |
| Interest Income | $0 |
| Interest Expense | $37M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $39M |
| EBIT | $34M |
| EBITDA | $73M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $831M |
| Cost of Revenue | $580M |
| GROSS PROFIT | $250M |
| R&D Expenses | $10M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $234M |
| Other Expenses | $0 |
| Operating Expenses | $244M |
| Cost & Expenses | $824M |
| OPERATING INCOME | $7M |
| Interest Income | $0 |
| Interest Expense | $37M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $39M |
| EBIT | $34M |
| EBITDA | $73M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $39M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$9M |
| Change in Working Capital | -$77M |
| OPERATING CASH FLOW | -$36M |
| Capital Expenditure | -$33M |
| Acquisitions (Net) | $105M |
| Purchases of Investments | -$31M |
| Sales/Maturities of Investments | $6M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | $44M |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$9M |
| Other Financing Activities | $45M |
| NET CASH FROM FINANCING | $30M |
| FREE CASH FLOW | -$70M |
| Net Change in Cash | $26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $597M |
| Short-Term Investments | $10M |
| Net Receivables | $867M |
| Inventory | $90M |
| Other Current Assets | $147M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $716M |
| Goodwill | $1.0B |
| Intangible Assets | $79M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.0B |
| TOTAL NON-CURRENT ASSETS | $2.9B |
| TOTAL ASSETS | $4.6B |
| Account Payables | $766M |
| Short-Term Debt | $73M |
| Deferred Revenue | $94M |
| Other Current Liabilities | $618M |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $2.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $273M |
| Other Non-Current Liabilities | $300M |
| TOTAL NON-CURRENT LIABILITIES | $3.0B |
| TOTAL LIABILITIES | $4.6B |
| Common Stock | $323M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $5.1B |
| Treasury Stock | -$4.6B |
| Accum. Other Comp. Income | -$905M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$8M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$8M |
| TOTAL LIABILITIES & EQUITY | $4.6B |
| Total Debt | $2.5B |
| Net Debt | $2.0B |
