| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $837M | $728M | $526M | 15.0% | 59.0% |
| Op. Income | $84M | $36M | $66M | 134.4% | 27.1% |
| Gross Margin | 26.5% | 25.1% | 32.8% | 1.4pp | -6.2pp |
| Net Margin | 3.0% | 2.1% | 10.1% | 0.9pp | -7.1pp |
| EPS (Diluted) | $0.42 | $0.26 | $0.96 | 61.5% | -56.3% |
| Free Cash Flow | -$28M | $29M | $33M | -196.2% | -184.0% |
| Item | Amount |
|---|---|
| REVENUE | $837M |
| Cost of Revenue | $615M |
| GROSS PROFIT | $222M |
| R&D Expenses | $70M |
| Selling & Marketing | $43M |
| General & Administrative | $28M |
| SG&A Expenses | $71M |
| Other Expenses | -$3M |
| Operating Expenses | $138M |
| Cost & Expenses | $752M |
| OPERATING INCOME | $84M |
| Interest Income | $0 |
| Interest Expense | $33M |
| Other Income/Expenses | -$25M |
| INCOME BEFORE TAX | $59M |
| Income Tax Expense | $34M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | -$551.0K |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $13M |
| EBIT | $82M |
| EBITDA | $95M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $837M |
| Cost of Revenue | $615M |
| GROSS PROFIT | $222M |
| R&D Expenses | $70M |
| Selling & Marketing | $43M |
| General & Administrative | $28M |
| SG&A Expenses | $71M |
| Other Expenses | -$3M |
| Operating Expenses | $138M |
| Cost & Expenses | $752M |
| OPERATING INCOME | $84M |
| Interest Income | $0 |
| Interest Expense | $33M |
| Other Income/Expenses | -$25M |
| INCOME BEFORE TAX | $59M |
| Income Tax Expense | $34M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | -$551.0K |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $13M |
| EBIT | $82M |
| EBITDA | $95M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $25M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $71M |
| Change in Working Capital | -$100M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$33M |
| Acquisitions (Net) | $24M |
| Purchases of Investments | -$99M |
| Sales/Maturities of Investments | $52M |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$55M |
| Net Debt Issuance | -$104.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | -$28M |
| Net Change in Cash | -$67M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $678M |
| Short-Term Investments | $203M |
| Net Receivables | $785M |
| Inventory | $561M |
| Other Current Assets | $224M |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $554M |
| Goodwill | $109M |
| Intangible Assets | $46M |
| Long-Term Investments | $689M |
| Tax Assets | $38M |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $3.9B |
| Account Payables | $312M |
| Short-Term Debt | $0 |
| Deferred Revenue | $32M |
| Other Current Liabilities | $264M |
| TOTAL CURRENT LIABILITIES | $694M |
| Long-Term Debt | $624M |
| Deferred Revenue NC | $177M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $264M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $723M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$128M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $3.9B |
| Total Debt | $731M |
| Net Debt | $53M |
