| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $615M | $721M | $461M | -14.7% | 33.3% |
| Op. Income | $105M | $456M | $92M | -77.1% | 13.5% |
| Gross Margin | 41.8% | 81.9% | 50.5% | -40.1pp | -8.7pp |
| Net Margin | 12.2% | 47.4% | 15.8% | -35.2pp | -3.6pp |
| EPS (Diluted) | $0.30 | $1.29 | $0.24 | -76.7% | 25.0% |
| Free Cash Flow | $3M | -$60M | $85M | 105.6% | -96.0% |
| Item | Amount |
|---|---|
| REVENUE | $615M |
| Cost of Revenue | $358M |
| GROSS PROFIT | $257M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $70M |
| SG&A Expenses | $70M |
| Other Expenses | $83M |
| Operating Expenses | $152M |
| Cost & Expenses | $510M |
| OPERATING INCOME | $105M |
| Interest Income | $520M |
| Interest Expense | $150M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $105M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $75M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $75M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $73M |
| D&A | $7M |
| EBIT | $105M |
| EBITDA | $111M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $615M |
| Cost of Revenue | $358M |
| GROSS PROFIT | $257M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $70M |
| SG&A Expenses | $70M |
| Other Expenses | $83M |
| Operating Expenses | $152M |
| Cost & Expenses | $510M |
| OPERATING INCOME | $105M |
| Interest Income | $520M |
| Interest Expense | $150M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $105M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $75M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $75M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $73M |
| D&A | $7M |
| EBIT | $105M |
| EBITDA | $111M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $75M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $29M |
| Other Non-Cash Items | $142M |
| Change in Working Capital | -$257M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | -$86.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $72M |
| Other Investing Activities | -$415M |
| NET CASH FROM INVESTING | -$344M |
| Net Debt Issuance | $301M |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | -$28M |
| Other Financing Activities | $1.3B |
| NET CASH FROM FINANCING | $1.6B |
| FREE CASH FLOW | $3M |
| Net Change in Cash | $1.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.8B |
| Short-Term Investments | $125M |
| Net Receivables | $1.5B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6.5B |
| PP&E (Net) | $144M |
| Goodwill | $0 |
| Intangible Assets | $121M |
| Long-Term Investments | $22.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $274M |
| TOTAL NON-CURRENT ASSETS | $22.6B |
| TOTAL ASSETS | $29.1B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $21.3B |
| TOTAL CURRENT LIABILITIES | $21.3B |
| Long-Term Debt | $5.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $358M |
| TOTAL NON-CURRENT LIABILITIES | $5.9B |
| TOTAL LIABILITIES | $27.2B |
| Common Stock | $87M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $3.3B |
| Treasury Stock | -$2.6B |
| Accum. Other Comp. Income | -$93M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $29.1B |
| Total Debt | $5.5B |
| Net Debt | $676M |
