| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $784M | $613M | $510M | 27.8% | 53.7% |
| Op. Income | $57M | $80M | $282M | -28.7% | -79.8% |
| Gross Margin | 52.0% | 55.0% | 73.6% | -3.0pp | -21.6pp |
| Net Margin | 2.4% | 3.1% | 42.3% | -0.7pp | -39.9pp |
| EPS (Diluted) | $0.28 | $0.36 | $5.08 | -22.2% | -94.5% |
| Free Cash Flow | -$40M | $198M | -$30M | -120.3% | -34.9% |
| Item | Amount |
|---|---|
| REVENUE | $784M |
| Cost of Revenue | $376M |
| GROSS PROFIT | $408M |
| R&D Expenses | $66M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $204M |
| Other Expenses | $81M |
| Operating Expenses | $351M |
| Cost & Expenses | $727M |
| OPERATING INCOME | $57M |
| Interest Income | $0 |
| Interest Expense | $30M |
| Other Income/Expenses | -$26M |
| INCOME BEFORE TAX | $31M |
| Income Tax Expense | $12M |
| 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 | $104M |
| EBIT | $60M |
| EBITDA | $164M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $784M |
| Cost of Revenue | $376M |
| GROSS PROFIT | $408M |
| R&D Expenses | $66M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $204M |
| Other Expenses | $81M |
| Operating Expenses | $351M |
| Cost & Expenses | $727M |
| OPERATING INCOME | $57M |
| Interest Income | $0 |
| Interest Expense | $30M |
| Other Income/Expenses | -$26M |
| INCOME BEFORE TAX | $31M |
| Income Tax Expense | $12M |
| 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 | $104M |
| EBIT | $60M |
| EBITDA | $164M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $104M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $29M |
| Change in Working Capital | -$176M |
| OPERATING CASH FLOW | -$10M |
| Capital Expenditure | -$31M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$16M |
| Sales/Maturities of Investments | $11M |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$30M |
| Net Debt Issuance | -$52M |
| Common Stock Repurchased | -$74M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$500.0K |
| NET CASH FROM FINANCING | -$126M |
| FREE CASH FLOW | -$40M |
| Net Change in Cash | -$167M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $212M |
| Short-Term Investments | $52M |
| Net Receivables | $557M |
| Inventory | $536M |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $1.4B |
| Goodwill | $2.4B |
| Intangible Assets | $3.2B |
| Long-Term Investments | $20M |
| Tax Assets | $19M |
| Other Non-Current Assets | $164M |
| TOTAL NON-CURRENT ASSETS | $7.2B |
| TOTAL ASSETS | $8.7B |
| Account Payables | $242M |
| Short-Term Debt | $208M |
| Deferred Revenue | $33M |
| Other Current Liabilities | $129M |
| TOTAL CURRENT LIABILITIES | $873M |
| Long-Term Debt | $2.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $256M |
| 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 | $2.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$145M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.8B |
| TOTAL LIABILITIES & EQUITY | $8.7B |
| Total Debt | $2.9B |
| Net Debt | $2.7B |
