| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $260M | $243M | — | 6.9% | — |
| Op. Income | $21M | $9M | — | 133.6% | — |
| Gross Margin | 70.5% | 70.9% | — | -0.5pp | — |
| Net Margin | 2.6% | -0.7% | — | 3.3pp | — |
| EPS (Diluted) | $0.04 | $-0.02 | — | 297.7% | — |
| Free Cash Flow | $40M | $7M | — | 512.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $260M |
| Cost of Revenue | $77M |
| GROSS PROFIT | $183M |
| R&D Expenses | $36M |
| Selling & Marketing | $65M |
| General & Administrative | $43M |
| SG&A Expenses | $109M |
| Other Expenses | $17M |
| Operating Expenses | $162M |
| Cost & Expenses | $239M |
| OPERATING INCOME | $21M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | -$3M |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $17M |
| EBIT | $21M |
| EBITDA | $38M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $260M |
| Cost of Revenue | $77M |
| GROSS PROFIT | $183M |
| R&D Expenses | $36M |
| Selling & Marketing | $65M |
| General & Administrative | $43M |
| SG&A Expenses | $109M |
| Other Expenses | $17M |
| Operating Expenses | $162M |
| Cost & Expenses | $239M |
| OPERATING INCOME | $21M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | -$3M |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $17M |
| EBIT | $21M |
| EBITDA | $38M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $37M |
| Change in Working Capital | -$16M |
| OPERATING CASH FLOW | $43M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$10M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$21M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$16M |
| NET CASH FROM FINANCING | -$39M |
| FREE CASH FLOW | $40M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $381M |
| Short-Term Investments | $0 |
| Net Receivables | $104M |
| Inventory | $0 |
| Other Current Assets | $29M |
| TOTAL CURRENT ASSETS | $527M |
| PP&E (Net) | $32M |
| Goodwill | $1.6B |
| Intangible Assets | $1.5B |
| Long-Term Investments | $0 |
| Tax Assets | $32M |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $3.2B |
| TOTAL ASSETS | $3.7B |
| Account Payables | $8M |
| Short-Term Debt | $6M |
| Deferred Revenue | $48M |
| Other Current Liabilities | $47M |
| TOTAL CURRENT LIABILITIES | $187M |
| Long-Term Debt | $617M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $11M |
| Other Non-Current Liabilities | $418M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | -$135M |
| Treasury Stock | -$16M |
| Accum. Other Comp. Income | $79M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $781M |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $3.7B |
| Total Debt | $639M |
| Net Debt | $258M |
