| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $579M | — | $610M | — | -5.0% |
| Op. Income | $23M | — | $41M | — | -42.7% |
| Gross Margin | 30.9% | — | 39.6% | — | -8.7pp |
| Net Margin | 1.3% | — | 4.5% | — | -3.2pp |
| EPS (Diluted) | $0.26 | — | $0.92 | — | -71.7% |
| Free Cash Flow | -$71M | — | $43M | — | -266.4% |
| Item | Amount |
|---|---|
| REVENUE | $579M |
| Cost of Revenue | $400M |
| GROSS PROFIT | $179M |
| R&D Expenses | $38M |
| Selling & Marketing | $6M |
| General & Administrative | $111M |
| SG&A Expenses | $117M |
| Other Expenses | $957.0K |
| Operating Expenses | $156M |
| Cost & Expenses | $556M |
| OPERATING INCOME | $23M |
| Interest Income | $368.0K |
| Interest Expense | $13M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $22M |
| EBIT | $23M |
| EBITDA | $45M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $579M |
| Cost of Revenue | $400M |
| GROSS PROFIT | $179M |
| R&D Expenses | $38M |
| Selling & Marketing | $6M |
| General & Administrative | $111M |
| SG&A Expenses | $117M |
| Other Expenses | $957.0K |
| Operating Expenses | $156M |
| Cost & Expenses | $556M |
| OPERATING INCOME | $23M |
| Interest Income | $368.0K |
| Interest Expense | $13M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $22M |
| EBIT | $23M |
| EBITDA | $45M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$10M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$88M |
| OPERATING CASH FLOW | -$59M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | -$5M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $242.0K |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | $87M |
| Common Stock Repurchased | -$18M |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $67M |
| FREE CASH FLOW | -$71M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11M |
| Short-Term Investments | $0 |
| Net Receivables | $195M |
| Inventory | $220M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $432M |
| PP&E (Net) | $97M |
| Goodwill | $51M |
| Intangible Assets | $173M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $15M |
| TOTAL NON-CURRENT ASSETS | $336M |
| TOTAL ASSETS | $768M |
| Account Payables | $69M |
| Short-Term Debt | $0 |
| Deferred Revenue | $66M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $230M |
| Long-Term Debt | $139M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $8M |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $167M |
| TOTAL LIABILITIES | $398M |
| Common Stock | $3M |
| Additional Paid-In Capital | $111M |
| Retained Earnings | $333M |
| Treasury Stock | -$71M |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $370M |
| Minority Interest | $0 |
| TOTAL EQUITY | $370M |
| TOTAL LIABILITIES & EQUITY | $768M |
| Total Debt | $162M |
| Net Debt | $151M |
