| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $477M | $482M | $285M | -1.1% | 67.5% |
| Op. Income | $91M | $112M | $23M | -19.3% | 293.6% |
| Gross Margin | 36.0% | 36.0% | 26.6% | -0.0pp | 9.3pp |
| Net Margin | 15.0% | 18.0% | 5.3% | -3.0pp | 9.7pp |
| EPS (Diluted) | $0.33 | $0.40 | $0.07 | -17.5% | 366.8% |
| Free Cash Flow | $67M | $111M | -$11M | -39.5% | 720.4% |
| Item | Amount |
|---|---|
| REVENUE | $477M |
| Cost of Revenue | $305M |
| GROSS PROFIT | $171M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $42M |
| Other Expenses | $39M |
| Operating Expenses | $81M |
| Cost & Expenses | $386M |
| OPERATING INCOME | $91M |
| Interest Income | $2M |
| Interest Expense | $72.0K |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $93M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $72M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $72M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $70M |
| D&A | $24M |
| EBIT | $105M |
| EBITDA | $129M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $477M |
| Cost of Revenue | $305M |
| GROSS PROFIT | $171M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $42M |
| Other Expenses | $39M |
| Operating Expenses | $81M |
| Cost & Expenses | $386M |
| OPERATING INCOME | $91M |
| Interest Income | $2M |
| Interest Expense | $72.0K |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $93M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $72M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $72M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $70M |
| D&A | $24M |
| EBIT | $105M |
| EBITDA | $129M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $72M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $14M |
| Change in Working Capital | $18M |
| OPERATING CASH FLOW | $133M |
| Capital Expenditure | -$65M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$61M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$11M |
| Common Dividends Paid | -$9M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$20M |
| FREE CASH FLOW | $67M |
| Net Change in Cash | $51M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $178M |
| Short-Term Investments | $0 |
| Net Receivables | $425M |
| Inventory | $98M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $720M |
| PP&E (Net) | $404M |
| Goodwill | $32M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $32M |
| TOTAL NON-CURRENT ASSETS | $468M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $114M |
| Short-Term Debt | $11M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $12M |
| TOTAL CURRENT LIABILITIES | $159M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $45M |
| Other Non-Current Liabilities | $37M |
| TOTAL NON-CURRENT LIABILITIES | $102M |
| TOTAL LIABILITIES | $260M |
| Common Stock | $22M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $909M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $928M |
| Minority Interest | $0 |
| TOTAL EQUITY | $928M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $30M |
| Net Debt | -$148M |
