| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $278M | $271M | $261M | 2.4% | 6.2% |
| Op. Income | $22M | $294.0K | -$7M | 7398.0% | 414.4% |
| Gross Margin | 56.1% | 55.2% | 53.7% | 0.9pp | 2.4pp |
| Net Margin | 3.2% | 0.8% | -3.9% | 2.5pp | 7.2pp |
| EPS (Diluted) | $0.17 | $0.04 | $-0.20 | 333.7% | 185.0% |
| Free Cash Flow | $127M | $52M | $105M | 144.3% | 20.5% |
| Item | Amount |
|---|---|
| REVENUE | $278M |
| Cost of Revenue | $122M |
| GROSS PROFIT | $156M |
| R&D Expenses | $38M |
| Selling & Marketing | $52M |
| General & Administrative | $32M |
| SG&A Expenses | $84M |
| Other Expenses | $12M |
| Operating Expenses | $134M |
| Cost & Expenses | $256M |
| OPERATING INCOME | $22M |
| Interest Income | $3M |
| Interest Expense | $10M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $28M |
| EBIT | $33M |
| EBITDA | $61M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $278M |
| Cost of Revenue | $122M |
| GROSS PROFIT | $156M |
| R&D Expenses | $38M |
| Selling & Marketing | $52M |
| General & Administrative | $32M |
| SG&A Expenses | $84M |
| Other Expenses | $12M |
| Operating Expenses | $134M |
| Cost & Expenses | $256M |
| OPERATING INCOME | $22M |
| Interest Income | $3M |
| Interest Expense | $10M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $28M |
| EBIT | $33M |
| EBITDA | $61M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $32M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$9M |
| Change in Working Capital | $67M |
| OPERATING CASH FLOW | $128M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | -$13.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$16M |
| NET CASH FROM INVESTING | -$18M |
| Net Debt Issuance | -$104M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$401M |
| NET CASH FROM FINANCING | -$507M |
| FREE CASH FLOW | $127M |
| Net Change in Cash | -$400M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $31M |
| Short-Term Investments | $0 |
| Net Receivables | $106M |
| Inventory | $0 |
| Other Current Assets | $442M |
| TOTAL CURRENT ASSETS | $579M |
| PP&E (Net) | $139M |
| Goodwill | $1.1B |
| Intangible Assets | $750M |
| Long-Term Investments | $30M |
| Tax Assets | -$30M |
| Other Non-Current Assets | $84M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $39M |
| Short-Term Debt | $19M |
| Deferred Revenue | $416M |
| Other Current Liabilities | $385M |
| TOTAL CURRENT LIABILITIES | $938M |
| Long-Term Debt | $723M |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $94M |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $866M |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $69.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $193M |
| Treasury Stock | -$572M |
| Accum. Other Comp. Income | $8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $800M |
| Minority Interest | $0 |
| TOTAL EQUITY | $800M |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $791M |
| Net Debt | $760M |
