| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $776M | $625M | $669M | 24.1% | 16.1% |
| Op. Income | $53M | -$128M | $35M | 141.7% | 52.5% |
| Gross Margin | 60.8% | 54.9% | 63.2% | 5.9pp | -2.4pp |
| Net Margin | -2.8% | -18.4% | 2.2% | 15.6pp | -5.0pp |
| EPS (Diluted) | $-0.06 | $-0.31 | $0.04 | 81.2% | -254.4% |
| Free Cash Flow | $106M | -$34M | $88M | 414.1% | 19.6% |
| Item | Amount |
|---|---|
| REVENUE | $776M |
| Cost of Revenue | $304M |
| GROSS PROFIT | $472M |
| R&D Expenses | $141M |
| Selling & Marketing | $232M |
| General & Administrative | $46M |
| SG&A Expenses | $278M |
| Other Expenses | $0 |
| Operating Expenses | $419M |
| Cost & Expenses | $723M |
| OPERATING INCOME | $53M |
| Interest Income | $518.0K |
| Interest Expense | $37M |
| Other Income/Expenses | -$36M |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | -$22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$22M |
| D&A | $153M |
| EBIT | $54M |
| EBITDA | $207M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$22M |
| Depreciation & Amortization | $153M |
| Stock-Based Compensation | $57M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$90M |
| OPERATING CASH FLOW | $107M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | -$249M |
| Purchases of Investments | -$42M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$950.0K |
| NET CASH FROM INVESTING | -$292M |
| Net Debt Issuance | -$11M |
| Common Stock Repurchased | -$200M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$59M |
| NET CASH FROM FINANCING | -$270M |
| FREE CASH FLOW | $106M |
| Net Change in Cash | -$462M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $952M |
| Short-Term Investments | $0 |
| Net Receivables | $691M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $124M |
| Goodwill | $1.8B |
| Intangible Assets | $2.0B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $158M |
| TOTAL NON-CURRENT ASSETS | $4.1B |
| TOTAL ASSETS | $5.9B |
| Account Payables | $283M |
| Short-Term Debt | $33M |
| Deferred Revenue | $69M |
| Other Current Liabilities | $83M |
| TOTAL CURRENT LIABILITIES | $645M |
| Long-Term Debt | $3.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $133M |
| TOTAL NON-CURRENT LIABILITIES | $3.4B |
| TOTAL LIABILITIES | $4.0B |
| Common Stock | $11.0K |
| Additional Paid-In Capital | $3.1B |
| Retained Earnings | -$1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$128M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $109.0K |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $5.9B |
| Total Debt | $3.3B |
| Net Debt | $2.3B |
