| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.2B | $2.3B | — | -2.9% | — |
| Op. Income | $230M | $113M | — | 104.1% | — |
| Gross Margin | 20.4% | 28.7% | — | -8.3pp | — |
| Net Margin | 2.6% | -8.2% | — | 10.8pp | — |
| EPS (Diluted) | $0.04 | $-0.12 | — | 133.9% | — |
| Free Cash Flow | $39M | -$37M | — | 207.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $452M |
| R&D Expenses | $0 |
| Selling & Marketing | $176M |
| General & Administrative | $39M |
| SG&A Expenses | $216M |
| Other Expenses | $7M |
| Operating Expenses | $222M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $230M |
| Interest Income | $8M |
| Interest Expense | $50M |
| Other Income/Expenses | -$239M |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | -$66M |
| Net Income from Continuing Ops | $57M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $20M |
| NET INCOME | $57M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $57M |
| D&A | $164M |
| EBIT | $208M |
| EBITDA | $372M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $57M |
| Depreciation & Amortization | $164M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$70M |
| Other Non-Cash Items | -$161M |
| Change in Working Capital | $235M |
| OPERATING CASH FLOW | $225M |
| Capital Expenditure | -$185M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$28M |
| Sales/Maturities of Investments | $57M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$160M |
| Net Debt Issuance | $154M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$548M |
| Other Financing Activities | -$21M |
| NET CASH FROM FINANCING | -$414M |
| FREE CASH FLOW | $39M |
| Net Change in Cash | -$342M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $500M |
| Short-Term Investments | $51M |
| Net Receivables | $206M |
| Inventory | $398M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $1.1B |
| Goodwill | $173M |
| Intangible Assets | $272M |
| Long-Term Investments | $433M |
| Tax Assets | $208M |
| Other Non-Current Assets | $116M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $3.5B |
| Account Payables | $261M |
| Short-Term Debt | $241M |
| Deferred Revenue | $61M |
| Other Current Liabilities | $154M |
| TOTAL CURRENT LIABILITIES | $774M |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $160M |
| Deferred Tax Liabilities | $24M |
| Other Non-Current Liabilities | $153M |
| TOTAL NON-CURRENT LIABILITIES | $1.9B |
| TOTAL LIABILITIES | $2.6B |
| Common Stock | $428M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $344M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $772M |
| Minority Interest | $89M |
| TOTAL EQUITY | $861M |
| TOTAL LIABILITIES & EQUITY | $3.5B |
| Total Debt | $1.8B |
| Net Debt | $1.3B |
