| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.4B | $1.4B | 2.5% | 6.6% |
| Op. Income | -$145M | $212M | $247M | -168.4% | -158.7% |
| Gross Margin | 45.9% | 44.5% | 47.8% | 1.4pp | -1.9pp |
| Net Margin | -6.7% | 14.3% | 15.9% | -21.0pp | -22.6pp |
| EPS (Diluted) | $-1.88 | $3.84 | $4.07 | -149.0% | -146.2% |
| Free Cash Flow | $83M | $40M | $300M | 107.5% | -72.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $794M |
| GROSS PROFIT | $674M |
| R&D Expenses | $148M |
| Selling & Marketing | $151M |
| General & Administrative | $97M |
| SG&A Expenses | $248M |
| Other Expenses | $423M |
| Operating Expenses | $819M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | -$145M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | -$153M |
| Income Tax Expense | -$55M |
| Net Income from Continuing Ops | -$98M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$98M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$98M |
| D&A | $51M |
| EBIT | $243M |
| EBITDA | $294M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$98M |
| Depreciation & Amortization | $51M |
| Stock-Based Compensation | $25M |
| Deferred Income Tax | -$87M |
| Other Non-Cash Items | -$10M |
| Change in Working Capital | $219M |
| OPERATING CASH FLOW | $100M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | -$875M |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$893M |
| Net Debt Issuance | $1.1B |
| Common Stock Repurchased | -$300M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$24M |
| NET CASH FROM FINANCING | $738M |
| FREE CASH FLOW | $83M |
| Net Change in Cash | -$59M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $98M |
| Short-Term Investments | $0 |
| Net Receivables | $945M |
| Inventory | $632M |
| Other Current Assets | $48M |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $439M |
| Goodwill | $3.9B |
| Intangible Assets | $659M |
| Long-Term Investments | $135M |
| Tax Assets | $311M |
| Other Non-Current Assets | $106M |
| TOTAL NON-CURRENT ASSETS | $5.6B |
| TOTAL ASSETS | $7.4B |
| Account Payables | $827M |
| Short-Term Debt | $144M |
| Deferred Revenue | $413M |
| Other Current Liabilities | $495M |
| TOTAL CURRENT LIABILITIES | $2.1B |
| Long-Term Debt | $2.2B |
| Deferred Revenue NC | $318M |
| Deferred Tax Liabilities | $71M |
| Other Non-Current Liabilities | $43M |
| TOTAL NON-CURRENT LIABILITIES | $2.8B |
| TOTAL LIABILITIES | $4.9B |
| Common Stock | $1M |
| Additional Paid-In Capital | $512M |
| Retained Earnings | $3.7B |
| Treasury Stock | -$1.7B |
| Accum. Other Comp. Income | -$28M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $7.4B |
| Total Debt | $2.5B |
| Net Debt | $2.4B |
