| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $758M | $744M | $694M | 1.8% | 9.2% |
| Op. Income | $17M | $9M | $21M | 93.3% | -16.7% |
| Gross Margin | 13.8% | 11.8% | 14.6% | 1.9pp | -0.8pp |
| Net Margin | 0.7% | -0.1% | 5.0% | 0.8pp | -4.3pp |
| EPS (Diluted) | $0.10 | $-0.02 | $0.66 | 605.2% | -85.2% |
| Free Cash Flow | -$21M | -$36M | $6M | 41.7% | -468.4% |
| Item | Amount |
|---|---|
| REVENUE | $758M |
| Cost of Revenue | $653M |
| GROSS PROFIT | $104M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $87M |
| Other Expenses | $0 |
| Operating Expenses | $87M |
| Cost & Expenses | $740M |
| OPERATING INCOME | $17M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $35M |
| EBIT | $17M |
| EBITDA | $53M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $758M |
| Cost of Revenue | $653M |
| GROSS PROFIT | $104M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $87M |
| Other Expenses | $0 |
| Operating Expenses | $87M |
| Cost & Expenses | $740M |
| OPERATING INCOME | $17M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $35M |
| EBIT | $17M |
| EBITDA | $53M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $35M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $800.0K |
| Other Non-Cash Items | -$300.0K |
| Change in Working Capital | -$50M |
| OPERATING CASH FLOW | -$7M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | -$800.0K |
| Purchases of Investments | -$800.0K |
| Sales/Maturities of Investments | $800.0K |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | -$106M |
| Common Stock Repurchased | -$900.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$200.0K |
| NET CASH FROM FINANCING | -$107M |
| FREE CASH FLOW | -$21M |
| Net Change in Cash | -$127M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12M |
| Short-Term Investments | $0 |
| Net Receivables | $345M |
| Inventory | $279M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $682M |
| PP&E (Net) | $822M |
| Goodwill | $86M |
| Intangible Assets | $61M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $72M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $1.7B |
| Account Payables | $380M |
| Short-Term Debt | $50M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $258M |
| TOTAL CURRENT LIABILITIES | $717M |
| Long-Term Debt | $644M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $14M |
| Other Non-Current Liabilities | $109M |
| TOTAL NON-CURRENT LIABILITIES | $868M |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $1M |
| Additional Paid-In Capital | $840M |
| Retained Earnings | -$524M |
| Treasury Stock | -$15M |
| Accum. Other Comp. Income | -$165M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $138M |
| Minority Interest | $0 |
| TOTAL EQUITY | $138M |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $825M |
| Net Debt | $814M |
