| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $979M | $979M | $1.0B | -0.0% | -4.4% |
| Op. Income | $58M | $84M | $37M | -30.9% | 56.6% |
| Gross Margin | 50.8% | 51.7% | 49.4% | -0.9pp | 1.4pp |
| Net Margin | 0.4% | -4.7% | -0.6% | 5.1pp | 1.0pp |
| EPS (Diluted) | $0.08 | $-0.83 | $-0.10 | 109.2% | 176.7% |
| Free Cash Flow | $63M | $25M | $106M | 156.1% | -40.6% |
| Item | Amount |
|---|---|
| REVENUE | $979M |
| Cost of Revenue | $482M |
| GROSS PROFIT | $497M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $206M |
| SG&A Expenses | $206M |
| Other Expenses | $233M |
| Operating Expenses | $439M |
| Cost & Expenses | $921M |
| OPERATING INCOME | $58M |
| Interest Income | $1M |
| Interest Expense | $28M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | $31M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $323M |
| EBIT | $59M |
| EBITDA | $383M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $979M |
| Cost of Revenue | $482M |
| GROSS PROFIT | $497M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $206M |
| SG&A Expenses | $206M |
| Other Expenses | $233M |
| Operating Expenses | $439M |
| Cost & Expenses | $921M |
| OPERATING INCOME | $58M |
| Interest Income | $1M |
| Interest Expense | $28M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | $31M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $323M |
| EBIT | $59M |
| EBITDA | $383M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $323M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | $46M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$319M |
| OPERATING CASH FLOW | $78M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $10.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $10.0K |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | -$11.0K |
| Common Stock Repurchased | -$24M |
| Common Dividends Paid | -$20M |
| Other Financing Activities | $463.0K |
| NET CASH FROM FINANCING | -$44M |
| FREE CASH FLOW | $63M |
| Net Change in Cash | $19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $106M |
| Short-Term Investments | $0 |
| Net Receivables | $105M |
| Inventory | $1.1B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $573M |
| Goodwill | $290M |
| Intangible Assets | $316M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $84M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $132M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $61M |
| TOTAL CURRENT LIABILITIES | $462M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $58M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $1.0B |
| Treasury Stock | -$1.9B |
| Accum. Other Comp. Income | -$6M |
| Other Equity | -$1 |
| TOTAL STOCKHOLDERS' EQUITY | $597M |
| Minority Interest | $0 |
| TOTAL EQUITY | $597M |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $1.5B |
| Net Debt | $1.4B |
