| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $544M | $617M | $581M | -11.8% | -6.3% |
| Op. Income | -$3M | $98M | $26M | -103.6% | -113.4% |
| Gross Margin | 15.8% | 19.7% | 15.6% | -3.9pp | 0.2pp |
| Net Margin | -1.1% | 1.0% | 3.0% | -2.0pp | -4.0pp |
| EPS (Diluted) | $-0.06 | $0.06 | $0.17 | -198.4% | -133.4% |
| Free Cash Flow | $24M | $51M | $13M | -52.7% | 91.9% |
| Item | Amount |
|---|---|
| REVENUE | $544M |
| Cost of Revenue | $458M |
| GROSS PROFIT | $86M |
| R&D Expenses | $7M |
| Selling & Marketing | $21M |
| General & Administrative | $35M |
| SG&A Expenses | $56M |
| Other Expenses | $26M |
| Operating Expenses | $90M |
| Cost & Expenses | $548M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | -$14M |
| Income Tax Expense | -$8M |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | $53M |
| EBIT | -$931.0K |
| EBITDA | $52M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $53M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $55M |
| Capital Expenditure | -$31M |
| Acquisitions (Net) | $6M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $35M |
| NET CASH FROM INVESTING | $10M |
| Net Debt Issuance | -$50M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$50M |
| FREE CASH FLOW | $24M |
| Net Change in Cash | $15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $417M |
| Short-Term Investments | $0 |
| Net Receivables | $750M |
| Inventory | $177M |
| Other Current Assets | $34M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $730M |
| Goodwill | $746M |
| Intangible Assets | $271M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $51M |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $3.2B |
| Account Payables | $313M |
| Short-Term Debt | $7M |
| Deferred Revenue | $127M |
| Other Current Liabilities | $86M |
| TOTAL CURRENT LIABILITIES | $628M |
| Long-Term Debt | $880M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $54M |
| Other Non-Current Liabilities | $63M |
| TOTAL NON-CURRENT LIABILITIES | $1.0B |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $110.0K |
| Additional Paid-In Capital | $863M |
| Retained Earnings | $795M |
| Treasury Stock | -$99M |
| Accum. Other Comp. Income | -$32M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $3.2B |
| Total Debt | $910M |
| Net Debt | $493M |
