| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.2B | $1.2B | -1.2% | -0.5% |
| Op. Income | $56M | $120M | $91M | -53.3% | -38.5% |
| Gross Margin | 18.9% | 23.4% | 17.9% | -4.4pp | 1.1pp |
| Net Margin | 3.9% | 6.2% | 5.6% | -2.3pp | -1.7pp |
| EPS (Diluted) | $0.77 | $1.22 | $1.03 | -36.9% | -25.2% |
| Free Cash Flow | $469M | -$62M | $223M | 856.5% | 110.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $994M |
| GROSS PROFIT | $232M |
| R&D Expenses | $19M |
| Selling & Marketing | $63M |
| General & Administrative | $76M |
| SG&A Expenses | $139M |
| Other Expenses | $18M |
| Operating Expenses | $176M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $56M |
| Interest Income | $14M |
| Interest Expense | $6M |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $64M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $48M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $48M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $48M |
| D&A | $39M |
| EBIT | $70M |
| EBITDA | $109M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $994M |
| GROSS PROFIT | $232M |
| R&D Expenses | $19M |
| Selling & Marketing | $63M |
| General & Administrative | $76M |
| SG&A Expenses | $139M |
| Other Expenses | $18M |
| Operating Expenses | $176M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $56M |
| Interest Income | $14M |
| Interest Expense | $6M |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $64M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $48M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $48M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $48M |
| D&A | $39M |
| EBIT | $70M |
| EBITDA | $109M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $48M |
| Depreciation & Amortization | $39M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | -$23M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $401M |
| OPERATING CASH FLOW | $486M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | -$10M |
| Purchases of Investments | -$73M |
| Sales/Maturities of Investments | $79M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$21M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$140M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | -$144M |
| FREE CASH FLOW | $469M |
| Net Change in Cash | $320M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $354M |
| Short-Term Investments | $76M |
| Net Receivables | $394M |
| Inventory | $0 |
| Other Current Assets | $1.4B |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $55M |
| Goodwill | $462M |
| Intangible Assets | $163M |
| Long-Term Investments | $151M |
| Tax Assets | $0 |
| Other Non-Current Assets | $286M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $3.4B |
| Account Payables | $98M |
| Short-Term Debt | $0 |
| Deferred Revenue | $106M |
| Other Current Liabilities | $228M |
| TOTAL CURRENT LIABILITIES | $2.0B |
| Long-Term Debt | $496M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $8M |
| Other Non-Current Liabilities | $135M |
| TOTAL NON-CURRENT LIABILITIES | $680M |
| TOTAL LIABILITIES | $2.7B |
| Common Stock | $899M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$119M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $775M |
| Minority Interest | $0 |
| TOTAL EQUITY | $775M |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $552M |
| Net Debt | $198M |
