Financial Summary (All financials)
In millions, except per share items | Jun-30-22 | Jun-30-21 | Dec-31-20 | Jun-30-20 | Dec-31-19 | Jun-30-19 | Dec-31-18 | Jun-30-18 |
Revenues | 710.9 | | 64.5 | | 79.0 | | 101.9 | 657.8 |
Revenue growth | | | -18.4% | | -22.4% | | | -6.2% |
Cost of goods sold | 367.0 | | 55.5 | | 63.5 | | 90.1 | 0.0 |
Gross profit | 343.9 | | 9.0 | | 15.5 | | 11.7 | 657.8 |
Gross margin | 48.4% | | 14.0% | | 19.6% | | 11.5% | 100.0% |
Selling, general and administrative | | | 32.6 | | 47.9 | | 62.0 | |
General and administrative | 12.3 | | | | | | | 10.2 |
EBIT | 331.6 | | -22.2 | | -32.1 | | -56.1 | 647.7 |
EBIT margin | 46.6% | | -34.4% | | -40.6% | | -55.1% | 98.5% |
Pre-tax income | 0.0 | | -38.0 | | -56.9 | | -76.2 | 0.0 |
Income taxes | 0.0 | | 0.3 | | 0.3 | | -1.2 | 0.0 |
Tax rate | | | | | | | 1.6% | |
Net income | 0.0 | | -38.3 | | -57.1 | | -75.0 | 0.0 |
Net margin | 0.0% | | -59.4% | | -72.3% | | -73.6% | 0.0% |
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Diluted EPS | | | | | | | | |
Shares outstanding (diluted) | | | | | | | | |
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EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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