| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.3B | $1.3B | 8.4% | 12.5% |
| Op. Income | $421M | $285M | $290M | 47.6% | 45.0% |
| Gross Margin | 33.9% | 28.1% | 25.4% | 5.8pp | 8.5pp |
| Net Margin | 26.1% | 18.6% | 20.9% | 7.5pp | 5.2pp |
| EPS (Diluted) | $0.45 | $0.30 | $0.32 | 51.2% | 39.5% |
| Free Cash Flow | -$100M | $400M | $78M | -125.0% | -227.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $940M |
| GROSS PROFIT | $483M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $74M |
| Other Expenses | -$12M |
| Operating Expenses | $62M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $421M |
| Interest Income | $24M |
| Interest Expense | $11M |
| Other Income/Expenses | $33M |
| INCOME BEFORE TAX | $454M |
| Income Tax Expense | $84M |
| Net Income from Continuing Ops | $370M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $371M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $371M |
| D&A | $0 |
| EBIT | $464M |
| EBITDA | $464M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $940M |
| GROSS PROFIT | $483M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $74M |
| Other Expenses | -$12M |
| Operating Expenses | $62M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $421M |
| Interest Income | $24M |
| Interest Expense | $11M |
| Other Income/Expenses | $33M |
| INCOME BEFORE TAX | $454M |
| Income Tax Expense | $84M |
| Net Income from Continuing Ops | $370M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $371M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $371M |
| D&A | $0 |
| EBIT | $464M |
| EBITDA | $464M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $371M |
| Depreciation & Amortization | $103M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $75M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $550M |
| Capital Expenditure | -$650M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $132M |
| NET CASH FROM INVESTING | -$517M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$42M |
| Common Dividends Paid | -$303M |
| Other Financing Activities | $56M |
| NET CASH FROM FINANCING | -$288M |
| FREE CASH FLOW | -$100M |
| Net Change in Cash | -$241M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $1.2B |
| Net Receivables | $96M |
| Inventory | $4M |
| Other Current Assets | $885M |
| TOTAL CURRENT ASSETS | $3.4B |
| PP&E (Net) | $4.6B |
| Goodwill | $620M |
| Intangible Assets | $833M |
| Long-Term Investments | $2.2B |
| Tax Assets | $129M |
| Other Non-Current Assets | $189M |
| TOTAL NON-CURRENT ASSETS | $8.6B |
| TOTAL ASSETS | $12.0B |
| Account Payables | $282M |
| Short-Term Debt | $979M |
| Deferred Revenue | $211M |
| Other Current Liabilities | $982M |
| TOTAL CURRENT LIABILITIES | $2.6B |
| Long-Term Debt | $1.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $51M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $3.8B |
| Common Stock | $77.1K |
| Additional Paid-In Capital | $3.6B |
| Retained Earnings | $4.7B |
| Treasury Stock | -$84M |
| Accum. Other Comp. Income | -$33M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.2B |
| Minority Interest | $63M |
| TOTAL EQUITY | $8.2B |
| TOTAL LIABILITIES & EQUITY | $12.0B |
| Total Debt | $2.1B |
| Net Debt | $996M |
