| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.8B | $2.3B | — | -18.8% | — |
| Op. Income | $618M | $868M | — | -28.7% | — |
| Gross Margin | 32.0% | 47.1% | — | -15.1pp | — |
| Net Margin | 55.4% | 46.4% | — | 8.9pp | — |
| EPS (Diluted) | $0.79 | $0.80 | — | -1.8% | — |
| Free Cash Flow | $233M | $91M | — | 154.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $591M |
| R&D Expenses | $0 |
| Selling & Marketing | $126M |
| General & Administrative | $86M |
| SG&A Expenses | $212M |
| Other Expenses | -$240M |
| Operating Expenses | -$28M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $618M |
| Interest Income | $81M |
| Interest Expense | $231M |
| Other Income/Expenses | $914M |
| INCOME BEFORE TAX | $1.5B |
| Income Tax Expense | $509M |
| Net Income from Continuing Ops | $1.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.0B |
| D&A | $372M |
| EBIT | $1.8B |
| EBITDA | $2.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $591M |
| R&D Expenses | $0 |
| Selling & Marketing | $126M |
| General & Administrative | $86M |
| SG&A Expenses | $212M |
| Other Expenses | -$240M |
| Operating Expenses | -$28M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $618M |
| Interest Income | $81M |
| Interest Expense | $231M |
| Other Income/Expenses | $914M |
| INCOME BEFORE TAX | $1.5B |
| Income Tax Expense | $509M |
| Net Income from Continuing Ops | $1.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.0B |
| D&A | $372M |
| EBIT | $1.8B |
| EBITDA | $2.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.0B |
| Depreciation & Amortization | $375M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$751M |
| Change in Working Capital | $553M |
| OPERATING CASH FLOW | $1.2B |
| Capital Expenditure | -$970M |
| Acquisitions (Net) | -$540M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $799M |
| NET CASH FROM INVESTING | -$712M |
| Net Debt Issuance | $853M |
| Common Stock Repurchased | -$128M |
| Common Dividends Paid | -$486.5K |
| Other Financing Activities | $262M |
| NET CASH FROM FINANCING | $987M |
| FREE CASH FLOW | $233M |
| Net Change in Cash | $1.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $495M |
| Short-Term Investments | $331M |
| Net Receivables | $335M |
| Inventory | $273M |
| Other Current Assets | $157M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $3.3B |
| Goodwill | $335M |
| Intangible Assets | $296M |
| Long-Term Investments | $132M |
| Tax Assets | $6M |
| Other Non-Current Assets | $152M |
| TOTAL NON-CURRENT ASSETS | $4.2B |
| TOTAL ASSETS | $5.8B |
| Account Payables | $265M |
| Short-Term Debt | $213M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $104M |
| TOTAL CURRENT LIABILITIES | $620M |
| Long-Term Debt | $2.9B |
| Deferred Revenue NC | $6M |
| Deferred Tax Liabilities | $475.1K |
| Other Non-Current Liabilities | $255M |
| TOTAL NON-CURRENT LIABILITIES | $3.4B |
| TOTAL LIABILITIES | $4.0B |
| Common Stock | $386M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $433M |
| Treasury Stock | -$58M |
| Accum. Other Comp. Income | $1.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $5M |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $5.8B |
| Total Debt | $3.3B |
| Net Debt | $2.8B |
