| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $759M | $792M | $622M | -4.2% | 22.0% |
| Op. Income | $105M | $126M | $37M | -17.0% | 184.5% |
| Gross Margin | 19.0% | 19.1% | 8.6% | -0.1pp | 10.3pp |
| Net Margin | 11.1% | 12.6% | 3.5% | -1.4pp | 7.6pp |
| EPS (Diluted) | $0.40 | $0.46 | $0.10 | -13.0% | 301.6% |
| Free Cash Flow | $30M | $117M | -$45M | -73.9% | 167.7% |
| Item | Amount |
|---|---|
| REVENUE | $759M |
| Cost of Revenue | $615M |
| GROSS PROFIT | $144M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $33M |
| Other Expenses | $6M |
| Operating Expenses | $39M |
| Cost & Expenses | $654M |
| OPERATING INCOME | $105M |
| Interest Income | $1M |
| Interest Expense | $10M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $98M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $85M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $85M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $85M |
| D&A | $127M |
| EBIT | $108M |
| EBITDA | $235M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $759M |
| Cost of Revenue | $615M |
| GROSS PROFIT | $144M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $33M |
| Other Expenses | $6M |
| Operating Expenses | $39M |
| Cost & Expenses | $654M |
| OPERATING INCOME | $105M |
| Interest Income | $1M |
| Interest Expense | $10M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $98M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $85M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $85M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $85M |
| D&A | $127M |
| EBIT | $108M |
| EBITDA | $235M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $85M |
| Depreciation & Amortization | $127M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $11M |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$65M |
| OPERATING CASH FLOW | $163M |
| Capital Expenditure | -$132M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $7M |
| NET CASH FROM INVESTING | -$126M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$27M |
| Common Dividends Paid | -$17M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$44M |
| FREE CASH FLOW | $30M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $150M |
| Short-Term Investments | $0 |
| Net Receivables | $536M |
| Inventory | $68M |
| Other Current Assets | $24M |
| TOTAL CURRENT ASSETS | $801M |
| PP&E (Net) | $2.3B |
| Goodwill | $0 |
| Intangible Assets | $5M |
| Long-Term Investments | $0 |
| Tax Assets | $4M |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $3.1B |
| Account Payables | $246M |
| Short-Term Debt | $5M |
| Deferred Revenue | $16M |
| Other Current Liabilities | $65M |
| TOTAL CURRENT LIABILITIES | $454M |
| Long-Term Debt | $822M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $59M |
| Other Non-Current Liabilities | $44M |
| TOTAL NON-CURRENT LIABILITIES | $943M |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $3M |
| Additional Paid-In Capital | $3.2B |
| Retained Earnings | $63M |
| Treasury Stock | -$1.6B |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $844M |
| Net Debt | $694M |
