| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.1B | $4.5B | — | -7.6% | — |
| Op. Income | -$78M | $339M | — | -122.9% | — |
| Gross Margin | 2.3% | 11.1% | — | -8.8pp | — |
| Net Margin | -3.8% | 5.8% | — | -9.5pp | — |
| EPS (Diluted) | $-0.66 | $1.08 | — | -161.1% | — |
| Free Cash Flow | -$265M | $223M | — | -219.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $4.1B |
| Cost of Revenue | $4.0B |
| GROSS PROFIT | $96M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $143M |
| Other Expenses | $30M |
| Operating Expenses | $173M |
| Cost & Expenses | $4.2B |
| OPERATING INCOME | -$78M |
| Interest Income | $4M |
| Interest Expense | $41M |
| Other Income/Expenses | -$52M |
| INCOME BEFORE TAX | -$130M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | -$155M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$155M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$155M |
| D&A | $102M |
| EBIT | -$88M |
| EBITDA | $14M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$155M |
| Depreciation & Amortization | $102M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $70M |
| Other Non-Cash Items | -$9M |
| Change in Working Capital | -$130M |
| OPERATING CASH FLOW | -$121M |
| Capital Expenditure | -$145M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $30M |
| NET CASH FROM INVESTING | -$115M |
| Net Debt Issuance | -$18M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$20M |
| FREE CASH FLOW | -$265M |
| Net Change in Cash | -$249M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $401M |
| Short-Term Investments | $0 |
| Net Receivables | $1.3B |
| Inventory | $2.0B |
| Other Current Assets | $245M |
| TOTAL CURRENT ASSETS | $3.9B |
| PP&E (Net) | $3.2B |
| Goodwill | $1.2B |
| Intangible Assets | $846M |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $42M |
| TOTAL NON-CURRENT ASSETS | $5.4B |
| TOTAL ASSETS | $9.3B |
| Account Payables | $1.5B |
| Short-Term Debt | $26M |
| Deferred Revenue | $34M |
| Other Current Liabilities | $422M |
| TOTAL CURRENT LIABILITIES | $2.6B |
| Long-Term Debt | $3.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $364M |
| Other Non-Current Liabilities | $71M |
| TOTAL NON-CURRENT LIABILITIES | $3.8B |
| TOTAL LIABILITIES | $6.4B |
| Common Stock | $3M |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | $1.7B |
| Treasury Stock | -$545M |
| Accum. Other Comp. Income | -$336M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $12M |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $9.3B |
| Total Debt | $3.5B |
| Net Debt | $3.1B |
