| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.9B | $2.2B | $3.4B | 31.9% | -12.8% |
| Op. Income | $142M | $102M | $409M | 39.2% | -65.3% |
| Gross Margin | 29.2% | 31.2% | 33.2% | -2.0pp | -4.1pp |
| Net Margin | 1.6% | -100.4% | 5.4% | 102.0pp | -3.8pp |
| EPS (Diluted) | $0.00 | $0.00 | $0.00 | NaN% | NaN% |
| Free Cash Flow | $151M | $79M | $426M | 91.1% | -64.6% |
| Item | Amount |
|---|---|
| REVENUE | $2.9B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $853M |
| R&D Expenses | $4M |
| Selling & Marketing | $298M |
| General & Administrative | $317M |
| SG&A Expenses | $615M |
| Other Expenses | $0 |
| Operating Expenses | $758M |
| Cost & Expenses | $2.8B |
| OPERATING INCOME | $142M |
| Interest Income | $63M |
| Interest Expense | $53M |
| Other Income/Expenses | -$81M |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | -$31M |
| Net Income from Continuing Ops | $63M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $47M |
| D&A | $67M |
| EBIT | $142M |
| EBITDA | $209M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.9B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $853M |
| R&D Expenses | $4M |
| Selling & Marketing | $298M |
| General & Administrative | $317M |
| SG&A Expenses | $615M |
| Other Expenses | $0 |
| Operating Expenses | $758M |
| Cost & Expenses | $2.8B |
| OPERATING INCOME | $142M |
| Interest Income | $63M |
| Interest Expense | $53M |
| Other Income/Expenses | -$81M |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | -$31M |
| Net Income from Continuing Ops | $63M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $47M |
| D&A | $67M |
| EBIT | $142M |
| EBITDA | $209M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $47M |
| Depreciation & Amortization | $67M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$22M |
| Other Non-Cash Items | $57M |
| Change in Working Capital | $52M |
| OPERATING CASH FLOW | $232M |
| Capital Expenditure | -$81M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$91M |
| Net Debt Issuance | $812M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1.1B |
| Other Financing Activities | -$29M |
| NET CASH FROM FINANCING | -$325M |
| FREE CASH FLOW | $151M |
| Net Change in Cash | -$159M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $357M |
| Short-Term Investments | $0 |
| Net Receivables | $1.2B |
| Inventory | $1.0B |
| Other Current Assets | $155M |
| TOTAL CURRENT ASSETS | $2.9B |
| PP&E (Net) | $891M |
| Goodwill | $3.5B |
| Intangible Assets | $3.3B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.9B |
| TOTAL NON-CURRENT ASSETS | $9.5B |
| TOTAL ASSETS | $12.4B |
| Account Payables | $832M |
| Short-Term Debt | $214M |
| Deferred Revenue | $577M |
| Other Current Liabilities | $67M |
| TOTAL CURRENT LIABILITIES | $2.0B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $4.1B |
| Deferred Tax Liabilities | $577M |
| Other Non-Current Liabilities | $718M |
| TOTAL NON-CURRENT LIABILITIES | $5.8B |
| TOTAL LIABILITIES | $7.8B |
| Common Stock | $0 |
| Additional Paid-In Capital | $10.9B |
| Retained Earnings | -$6.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$312M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.5B |
| Minority Interest | $95M |
| TOTAL EQUITY | $4.6B |
| TOTAL LIABILITIES & EQUITY | $12.4B |
| Total Debt | $5.3B |
| Net Debt | $5.0B |
