| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $613M | $1.0B | $177M | -38.8% | 247.3% |
| Op. Income | $80M | $621M | $23M | -87.2% | 242.1% |
| Gross Margin | 55.0% | 74.0% | 61.2% | -19.0pp | -6.1pp |
| Net Margin | 3.1% | 47.9% | 10.8% | -44.7pp | -7.7pp |
| EPS (Diluted) | $0.36 | $11.32 | $0.45 | -96.8% | -20.0% |
| Free Cash Flow | $198M | $479M | -$253M | -58.6% | 178.3% |
| Item | Amount |
|---|---|
| REVENUE | $613M |
| Cost of Revenue | $276M |
| GROSS PROFIT | $338M |
| R&D Expenses | $34M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $118M |
| Other Expenses | $105M |
| Operating Expenses | $258M |
| Cost & Expenses | $534M |
| OPERATING INCOME | $80M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$37M |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $48M |
| EBIT | $52M |
| EBITDA | $99M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $613M |
| Cost of Revenue | $276M |
| GROSS PROFIT | $338M |
| R&D Expenses | $34M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $118M |
| Other Expenses | $105M |
| Operating Expenses | $258M |
| Cost & Expenses | $534M |
| OPERATING INCOME | $80M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$37M |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $48M |
| EBIT | $52M |
| EBITDA | $99M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $46M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | $89.0K |
| Other Non-Cash Items | $27M |
| Change in Working Capital | $117M |
| OPERATING CASH FLOW | $225M |
| Capital Expenditure | -$26M |
| Acquisitions (Net) | -$1.5B |
| Purchases of Investments | -$18M |
| Sales/Maturities of Investments | $15M |
| Other Investing Activities | $10M |
| NET CASH FROM INVESTING | -$1.5B |
| Net Debt Issuance | $451M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$38M |
| NET CASH FROM FINANCING | $413M |
| FREE CASH FLOW | $198M |
| Net Change in Cash | -$895M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $379M |
| Short-Term Investments | $53M |
| Net Receivables | $515M |
| Inventory | $553M |
| Other Current Assets | $15M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $1.3B |
| Goodwill | $2.6B |
| Intangible Assets | $3.2B |
| Long-Term Investments | $15M |
| Tax Assets | $33M |
| Other Non-Current Assets | $152M |
| TOTAL NON-CURRENT ASSETS | $7.3B |
| TOTAL ASSETS | $8.8B |
| Account Payables | $247M |
| Short-Term Debt | $208M |
| Deferred Revenue | $33M |
| Other Current Liabilities | $147M |
| TOTAL CURRENT LIABILITIES | $900M |
| Long-Term Debt | $2.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $214M |
| Other Non-Current Liabilities | $87M |
| TOTAL NON-CURRENT LIABILITIES | $3.0B |
| TOTAL LIABILITIES | $3.9B |
| Common Stock | $0 |
| Additional Paid-In Capital | $2.8B |
| Retained Earnings | $2.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$61M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.9B |
| TOTAL LIABILITIES & EQUITY | $8.8B |
| Total Debt | $2.9B |
| Net Debt | $2.6B |
