| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $728M | $622M | $358M | 16.9% | 103.3% |
| Op. Income | $76M | $37M | -$90M | 107.7% | 184.8% |
| Gross Margin | 14.4% | 8.6% | -19.1% | 5.8pp | 33.5pp |
| Net Margin | 8.4% | 3.5% | -23.2% | 4.9pp | 31.6pp |
| EPS (Diluted) | $0.28 | $0.10 | $-0.44 | 181.1% | 163.6% |
| Free Cash Flow | $52M | -$45M | -$27M | 215.2% | 293.1% |
| Item | Amount |
|---|---|
| REVENUE | $728M |
| Cost of Revenue | $623M |
| GROSS PROFIT | $105M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $28M |
| Other Expenses | -$85.0K |
| Operating Expenses | $28M |
| Cost & Expenses | $651M |
| OPERATING INCOME | $76M |
| Interest Income | $58.0K |
| Interest Expense | $11M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $64M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $61M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $61M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $61M |
| D&A | $122M |
| EBIT | $75M |
| EBITDA | $197M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $728M |
| Cost of Revenue | $623M |
| GROSS PROFIT | $105M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $28M |
| Other Expenses | -$85.0K |
| Operating Expenses | $28M |
| Cost & Expenses | $651M |
| OPERATING INCOME | $76M |
| Interest Income | $58.0K |
| Interest Expense | $11M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $64M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $61M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $61M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $61M |
| D&A | $122M |
| EBIT | $75M |
| EBITDA | $197M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $61M |
| Depreciation & Amortization | $122M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $526.0K |
| Other Non-Cash Items | $61.0K |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | $178M |
| Capital Expenditure | -$126M |
| Acquisitions (Net) | $5M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$62.0K |
| NET CASH FROM INVESTING | -$121M |
| Net Debt Issuance | -$25M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$9M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$34M |
| FREE CASH FLOW | $52M |
| Net Change in Cash | $23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $43M |
| Short-Term Investments | $0 |
| Net Receivables | $547M |
| Inventory | $55M |
| Other Current Assets | $68M |
| TOTAL CURRENT ASSETS | $713M |
| PP&E (Net) | $2.3B |
| Goodwill | $0 |
| Intangible Assets | $6M |
| Long-Term Investments | $0 |
| Tax Assets | $4M |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $3.0B |
| Account Payables | $264M |
| Short-Term Debt | $5M |
| Deferred Revenue | $9M |
| Other Current Liabilities | $65M |
| TOTAL CURRENT LIABILITIES | $460M |
| Long-Term Debt | $853M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $23M |
| Other Non-Current Liabilities | $51M |
| TOTAL NON-CURRENT LIABILITIES | $948M |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $3M |
| Additional Paid-In Capital | $3.2B |
| Retained Earnings | -$170M |
| Treasury Stock | -$1.4B |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $3.0B |
| Total Debt | $879M |
| Net Debt | $836M |
