| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $896M | $830M | $772M | 7.9% | 16.0% |
| Op. Income | $17M | $37M | $16M | -54.4% | 9.7% |
| Gross Margin | 13.7% | 16.4% | 17.3% | -2.7pp | -3.5pp |
| Net Margin | 2.1% | 3.3% | 2.0% | -1.3pp | 0.0pp |
| EPS (Diluted) | $0.04 | $0.05 | $0.03 | -32.7% | 20.7% |
| Free Cash Flow | -$143M | $50M | -$32M | -389.6% | -345.1% |
| Item | Amount |
|---|---|
| REVENUE | $896M |
| Cost of Revenue | $773M |
| GROSS PROFIT | $123M |
| R&D Expenses | $58M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $48M |
| Other Expenses | $0 |
| Operating Expenses | $106M |
| Cost & Expenses | $879M |
| OPERATING INCOME | $17M |
| Interest Income | $0 |
| Interest Expense | $607.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | -$227.0K |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $7M |
| EBIT | $19M |
| EBITDA | $26M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $896M |
| Cost of Revenue | $773M |
| GROSS PROFIT | $123M |
| R&D Expenses | $58M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $48M |
| Other Expenses | $0 |
| Operating Expenses | $106M |
| Cost & Expenses | $879M |
| OPERATING INCOME | $17M |
| Interest Income | $0 |
| Interest Expense | $607.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | -$227.0K |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $7M |
| EBIT | $19M |
| EBITDA | $26M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$157M |
| OPERATING CASH FLOW | -$124M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | $41M |
| Common Stock Repurchased | -$43M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $8M |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | -$143M |
| Net Change in Cash | -$138M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $178M |
| Short-Term Investments | $0 |
| Net Receivables | $526M |
| Inventory | $904M |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $287M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $5M |
| Tax Assets | $58M |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $359M |
| TOTAL ASSETS | $2.0B |
| Account Payables | $465M |
| Short-Term Debt | $58M |
| Deferred Revenue | $150M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $782M |
| Long-Term Debt | $28M |
| Deferred Revenue NC | $94M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $26M |
| TOTAL NON-CURRENT LIABILITIES | $163M |
| TOTAL LIABILITIES | $945M |
| Common Stock | $425M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $628M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $362.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $168.0K |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $107M |
| Net Debt | -$70M |
