| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $528M | $681M | $566M | -22.5% | -6.7% |
| Op. Income | $16M | $164M | $71M | -90.0% | -76.9% |
| Gross Margin | 41.6% | 53.7% | 47.4% | -12.1pp | -5.8pp |
| Net Margin | -3.5% | 12.6% | 4.0% | -16.1pp | -7.5pp |
| EPS (Diluted) | $-0.37 | $0.84 | $0.24 | -144.0% | -254.2% |
| Free Cash Flow | $7M | $105M | $25M | -92.9% | -69.9% |
| Item | Amount |
|---|---|
| REVENUE | $528M |
| Cost of Revenue | $308M |
| GROSS PROFIT | $219M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $147M |
| SG&A Expenses | $147M |
| Other Expenses | $56M |
| Operating Expenses | $203M |
| Cost & Expenses | $511M |
| OPERATING INCOME | $16M |
| Interest Income | $0 |
| Interest Expense | $49M |
| Other Income/Expenses | -$49M |
| INCOME BEFORE TAX | -$33M |
| Income Tax Expense | -$14M |
| Net Income from Continuing Ops | -$19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$31M |
| D&A | $39M |
| EBIT | $16M |
| EBITDA | $55M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$19M |
| Depreciation & Amortization | $39M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $7M |
| Other Non-Cash Items | $10M |
| Change in Working Capital | -$27M |
| OPERATING CASH FLOW | $15M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$142.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3.0K |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $15M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$12M |
| NET CASH FROM FINANCING | -$9M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16M |
| Short-Term Investments | $0 |
| Net Receivables | $571M |
| Inventory | $0 |
| Other Current Assets | $41M |
| TOTAL CURRENT ASSETS | $629M |
| PP&E (Net) | $566M |
| Goodwill | $2.9B |
| Intangible Assets | $1.8B |
| Long-Term Investments | $23M |
| Tax Assets | $0 |
| Other Non-Current Assets | $466M |
| TOTAL NON-CURRENT ASSETS | $5.8B |
| TOTAL ASSETS | $6.4B |
| Account Payables | $78M |
| Short-Term Debt | $19M |
| Deferred Revenue | $19M |
| Other Current Liabilities | $100M |
| TOTAL CURRENT LIABILITIES | $456M |
| Long-Term Debt | $2.9B |
| Deferred Revenue NC | $45M |
| Deferred Tax Liabilities | $377M |
| Other Non-Current Liabilities | $422M |
| TOTAL NON-CURRENT LIABILITIES | $3.8B |
| TOTAL LIABILITIES | $4.3B |
| Common Stock | $843.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $320M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$77M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $6.4B |
| Total Debt | $3.0B |
| Net Debt | $3.0B |
