| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16.4B | $18.9B | $11.8B | -13.5% | 38.3% |
| Op. Income | $388M | $374M | $262M | 3.6% | 48.1% |
| Gross Margin | 1.7% | 1.2% | 1.0% | 0.4pp | 0.6pp |
| Net Margin | 0.3% | 0.3% | 0.1% | 0.1pp | 0.3pp |
| EPS (Diluted) | $1.10 | $1.05 | $0.16 | 4.8% | 587.5% |
| Free Cash Flow | $255M | -$2.6B | $736M | 109.8% | -65.4% |
| Item | Amount |
|---|---|
| REVENUE | $16.4B |
| Cost of Revenue | $16.1B |
| GROSS PROFIT | $272M |
| R&D Expenses | $0 |
| Selling & Marketing | $14M |
| General & Administrative | $31M |
| SG&A Expenses | $45M |
| Other Expenses | -$161M |
| Operating Expenses | -$116M |
| Cost & Expenses | $16.0B |
| OPERATING INCOME | $388M |
| Interest Income | $0 |
| Interest Expense | $89M |
| Other Income/Expenses | -$321M |
| INCOME BEFORE TAX | $66M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $16M |
| EBIT | $156M |
| EBITDA | $172M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $16.4B |
| Cost of Revenue | $16.1B |
| GROSS PROFIT | $272M |
| R&D Expenses | $0 |
| Selling & Marketing | $14M |
| General & Administrative | $31M |
| SG&A Expenses | $45M |
| Other Expenses | -$161M |
| Operating Expenses | -$116M |
| Cost & Expenses | $16.0B |
| OPERATING INCOME | $388M |
| Interest Income | $0 |
| Interest Expense | $89M |
| Other Income/Expenses | -$321M |
| INCOME BEFORE TAX | $66M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $16M |
| EBIT | $156M |
| EBITDA | $172M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $52M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$700.0K |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $189M |
| OPERATING CASH FLOW | $267M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | -$24M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$25M |
| FREE CASH FLOW | $255M |
| Net Change in Cash | $224M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $0 |
| Net Receivables | $7.4B |
| Inventory | $514M |
| Other Current Assets | -$694M |
| TOTAL CURRENT ASSETS | $15.2B |
| PP&E (Net) | $235M |
| Goodwill | $58M |
| Intangible Assets | $28M |
| Long-Term Investments | $4.2B |
| Tax Assets | $52M |
| Other Non-Current Assets | $118M |
| TOTAL NON-CURRENT ASSETS | $4.7B |
| TOTAL ASSETS | $19.9B |
| Account Payables | $10.3B |
| Short-Term Debt | $485M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $11.5B |
| Long-Term Debt | $4.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.5B |
| TOTAL NON-CURRENT LIABILITIES | $7.3B |
| TOTAL LIABILITIES | $18.8B |
| Common Stock | $200.0K |
| Additional Paid-In Capital | $340M |
| Retained Earnings | $890M |
| Treasury Stock | -$69M |
| Accum. Other Comp. Income | -$91M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $19.9B |
| Total Debt | $5.4B |
| Net Debt | $4.2B |
