| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $620M | $498M | $701M | 24.6% | -11.5% |
| Op. Income | $259M | $149M | $332M | 73.5% | -22.1% |
| Gross Margin | 59.9% | 54.1% | 63.8% | 5.8pp | -3.9pp |
| Net Margin | 9.3% | 5.5% | 16.0% | 3.8pp | -6.7pp |
| EPS (Diluted) | $0.56 | $0.27 | $0.98 | 107.4% | -42.9% |
| Free Cash Flow | -$162M | $407M | -$265M | -139.8% | 38.8% |
| Item | Amount |
|---|---|
| REVENUE | $620M |
| Cost of Revenue | $249M |
| GROSS PROFIT | $371M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $57M |
| SG&A Expenses | $57M |
| Other Expenses | $56M |
| Operating Expenses | $112M |
| Cost & Expenses | $361M |
| OPERATING INCOME | $259M |
| Interest Income | $0 |
| Interest Expense | $122M |
| Other Income/Expenses | -$124M |
| INCOME BEFORE TAX | $135M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $110M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $58M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $31M |
| EBIT | $257M |
| EBITDA | $288M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $620M |
| Cost of Revenue | $249M |
| GROSS PROFIT | $371M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $57M |
| SG&A Expenses | $57M |
| Other Expenses | $56M |
| Operating Expenses | $112M |
| Cost & Expenses | $361M |
| OPERATING INCOME | $259M |
| Interest Income | $0 |
| Interest Expense | $122M |
| Other Income/Expenses | -$124M |
| INCOME BEFORE TAX | $135M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $110M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $58M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $31M |
| EBIT | $257M |
| EBITDA | $288M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $58M |
| Depreciation & Amortization | $31M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$793M |
| Change in Working Capital | $539M |
| OPERATING CASH FLOW | -$148M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$22M |
| NET CASH FROM INVESTING | -$36M |
| Net Debt Issuance | $103M |
| Common Stock Repurchased | -$94M |
| Common Dividends Paid | -$52M |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$47M |
| FREE CASH FLOW | -$162M |
| Net Change in Cash | -$229M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $769M |
| Short-Term Investments | $0 |
| Net Receivables | $1.3B |
| Inventory | $0 |
| Other Current Assets | $40M |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $280M |
| Goodwill | $1.1B |
| Intangible Assets | $305M |
| Long-Term Investments | $7.6B |
| Tax Assets | $141M |
| Other Non-Current Assets | $297M |
| TOTAL NON-CURRENT ASSETS | $9.8B |
| TOTAL ASSETS | $11.9B |
| Account Payables | $700M |
| Short-Term Debt | $1.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.1B |
| Long-Term Debt | $3.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $367.0K |
| Other Non-Current Liabilities | $4.0B |
| TOTAL NON-CURRENT LIABILITIES | $8.1B |
| TOTAL LIABILITIES | $10.2B |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $988M |
| Treasury Stock | -$1.0B |
| Accum. Other Comp. Income | $25M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $330M |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $11.9B |
| Total Debt | $5.3B |
| Net Debt | $4.5B |
