| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16.2B | $13.0B | $16.4B | 24.2% | -1.4% |
| Op. Income | $399M | $242M | $400M | 65.4% | -0.2% |
| Gross Margin | 2.5% | 2.8% | 1.3% | -0.4pp | 1.2pp |
| Net Margin | 0.3% | 0.6% | 0.4% | -0.3pp | -0.1pp |
| EPS (Diluted) | $0.87 | $1.61 | $1.38 | -46.0% | -37.0% |
| Free Cash Flow | -$1.7B | $1.0B | $2.7B | -260.4% | -161.8% |
| Item | Amount |
|---|---|
| REVENUE | $16.2B |
| Cost of Revenue | $15.8B |
| GROSS PROFIT | $401M |
| R&D Expenses | $0 |
| Selling & Marketing | $14M |
| General & Administrative | $74M |
| SG&A Expenses | $88M |
| Other Expenses | -$87M |
| Operating Expenses | $1M |
| Cost & Expenses | $15.8B |
| OPERATING INCOME | $399M |
| Interest Income | $0 |
| Interest Expense | $194M |
| Other Income/Expenses | -$342M |
| INCOME BEFORE TAX | $58M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $40M |
| D&A | $15M |
| EBIT | $251M |
| EBITDA | $267M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $16.2B |
| Cost of Revenue | $15.8B |
| GROSS PROFIT | $401M |
| R&D Expenses | $0 |
| Selling & Marketing | $14M |
| General & Administrative | $74M |
| SG&A Expenses | $88M |
| Other Expenses | -$87M |
| Operating Expenses | $1M |
| Cost & Expenses | $15.8B |
| OPERATING INCOME | $399M |
| Interest Income | $0 |
| Interest Expense | $194M |
| Other Income/Expenses | -$342M |
| INCOME BEFORE TAX | $58M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $40M |
| D&A | $15M |
| EBIT | $251M |
| EBITDA | $267M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $42M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$1.7B |
| OPERATING CASH FLOW | -$1.6B |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $400.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | -$21M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$15M |
| NET CASH FROM FINANCING | -$36M |
| FREE CASH FLOW | -$1.7B |
| Net Change in Cash | -$1.7B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $0 |
| Net Receivables | $999M |
| Inventory | $572M |
| Other Current Assets | $5.9B |
| TOTAL CURRENT ASSETS | $16.3B |
| PP&E (Net) | $235M |
| Goodwill | $59M |
| Intangible Assets | $30M |
| Long-Term Investments | $4.8B |
| Tax Assets | $36M |
| Other Non-Current Assets | $459M |
| TOTAL NON-CURRENT ASSETS | $5.6B |
| TOTAL ASSETS | $21.9B |
| Account Payables | $10.7B |
| Short-Term Debt | $561M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $11.8B |
| Long-Term Debt | $6.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.5B |
| TOTAL NON-CURRENT LIABILITIES | $8.8B |
| TOTAL LIABILITIES | $20.7B |
| Common Stock | $200.0K |
| Additional Paid-In Capital | $359M |
| Retained Earnings | $1.0B |
| Treasury Stock | -$69M |
| Accum. Other Comp. Income | -$50M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $21.9B |
| Total Debt | $6.9B |
| Net Debt | $5.7B |
