| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $890M | $970M | $1.0B | -8.2% | -12.4% |
| Op. Income | $144M | $188M | $261M | -23.7% | -45.0% |
| Gross Margin | 69.5% | 70.9% | 74.3% | -1.4pp | -4.8pp |
| Net Margin | 8.2% | 11.6% | 17.8% | -3.5pp | -9.6pp |
| EPS (Diluted) | $0.93 | $1.44 | $2.28 | -35.4% | -59.2% |
| Free Cash Flow | $191M | $51M | $231M | 274.6% | -17.1% |
| Item | Amount |
|---|---|
| REVENUE | $890M |
| Cost of Revenue | $271M |
| GROSS PROFIT | $619M |
| R&D Expenses | $77M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $399M |
| Other Expenses | $0 |
| Operating Expenses | $476M |
| Cost & Expenses | $747M |
| OPERATING INCOME | $144M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | $123M |
| Income Tax Expense | $50M |
| Net Income from Continuing Ops | $73M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $73M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $73M |
| D&A | $32M |
| EBIT | $144M |
| EBITDA | $176M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $890M |
| Cost of Revenue | $271M |
| GROSS PROFIT | $619M |
| R&D Expenses | $77M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $399M |
| Other Expenses | $0 |
| Operating Expenses | $476M |
| Cost & Expenses | $747M |
| OPERATING INCOME | $144M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | $123M |
| Income Tax Expense | $50M |
| Net Income from Continuing Ops | $73M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $73M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $73M |
| D&A | $32M |
| EBIT | $144M |
| EBITDA | $176M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $73M |
| Depreciation & Amortization | $32M |
| Stock-Based Compensation | $33M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | $18M |
| Change in Working Capital | $119M |
| OPERATING CASH FLOW | $266M |
| Capital Expenditure | -$75M |
| Acquisitions (Net) | -$12M |
| Purchases of Investments | $12M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | -$12M |
| NET CASH FROM INVESTING | -$85M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$424.0K |
| NET CASH FROM FINANCING | $11M |
| FREE CASH FLOW | $191M |
| Net Change in Cash | $167M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $46M |
| Net Receivables | $992M |
| Inventory | $321M |
| Other Current Assets | $47M |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $1.3B |
| Goodwill | $378M |
| Intangible Assets | $92M |
| Long-Term Investments | $50M |
| Tax Assets | $1.5B |
| Other Non-Current Assets | $52M |
| TOTAL NON-CURRENT ASSETS | $3.4B |
| TOTAL ASSETS | $5.9B |
| Account Payables | $139M |
| Short-Term Debt | $0 |
| Deferred Revenue | $1.3B |
| Other Current Liabilities | $222M |
| TOTAL CURRENT LIABILITIES | $1.8B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $312M |
| TOTAL NON-CURRENT LIABILITIES | $409M |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $8.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $2.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$41M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.7B |
| TOTAL LIABILITIES & EQUITY | $5.9B |
| Total Debt | $121M |
| Net Debt | -$924M |
