| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $310M | $355M | $567M | -12.6% | -45.3% |
| Op. Income | $176M | $206M | $451M | -14.7% | -61.0% |
| Gross Margin | 62.6% | 67.1% | 82.6% | -4.4pp | -20.0pp |
| Net Margin | 30.1% | 78.4% | 46.8% | -48.2pp | -16.6pp |
| EPS (Diluted) | $0.56 | $1.66 | $1.56 | -66.5% | -64.5% |
| Free Cash Flow | $5M | $171M | $305M | -97.1% | -98.4% |
| Item | Amount |
|---|---|
| REVENUE | $310M |
| Cost of Revenue | $116M |
| GROSS PROFIT | $194M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $15M |
| SG&A Expenses | $18M |
| Other Expenses | $0 |
| Operating Expenses | $18M |
| Cost & Expenses | $134M |
| OPERATING INCOME | $176M |
| Interest Income | $0 |
| Interest Expense | $15M |
| Other Income/Expenses | -$43M |
| INCOME BEFORE TAX | $132M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $93M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $93M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $93M |
| D&A | $126M |
| EBIT | $107M |
| EBITDA | $233M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $310M |
| Cost of Revenue | $116M |
| GROSS PROFIT | $194M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $15M |
| SG&A Expenses | $18M |
| Other Expenses | $0 |
| Operating Expenses | $18M |
| Cost & Expenses | $134M |
| OPERATING INCOME | $176M |
| Interest Income | $0 |
| Interest Expense | $15M |
| Other Income/Expenses | -$43M |
| INCOME BEFORE TAX | $132M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $93M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $93M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $93M |
| D&A | $126M |
| EBIT | $107M |
| EBITDA | $233M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $93M |
| Depreciation & Amortization | $70M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$350.8K |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$45M |
| OPERATING CASH FLOW | $127M |
| Capital Expenditure | -$122M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | -$461.9K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$120M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$18M |
| Common Dividends Paid | -$12M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$33M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | -$36M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $37M |
| Short-Term Investments | $0 |
| Net Receivables | $210M |
| Inventory | $16M |
| Other Current Assets | $238M |
| TOTAL CURRENT ASSETS | $543M |
| PP&E (Net) | $4.6B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $43M |
| Tax Assets | $94M |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $4.7B |
| TOTAL ASSETS | $5.2B |
| Account Payables | $313M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $18M |
| TOTAL CURRENT LIABILITIES | $636M |
| Long-Term Debt | $668M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $348M |
| Other Non-Current Liabilities | $772M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $2.5B |
| Common Stock | $3.1B |
| Additional Paid-In Capital | $24M |
| Retained Earnings | -$368M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $70M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.8B |
| TOTAL LIABILITIES & EQUITY | $5.2B |
| Total Debt | $698M |
| Net Debt | $661M |
