| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $276M | $260M | — | 6.1% | — |
| Op. Income | $30M | $21M | — | 41.7% | — |
| Gross Margin | 70.9% | 70.5% | — | 0.5pp | — |
| Net Margin | 6.1% | 2.6% | — | 3.5pp | — |
| EPS (Diluted) | $0.09 | $0.04 | — | 146.0% | — |
| Free Cash Flow | $59M | $40M | — | 46.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $276M |
| Cost of Revenue | $80M |
| GROSS PROFIT | $195M |
| R&D Expenses | $31M |
| Selling & Marketing | $69M |
| General & Administrative | $49M |
| SG&A Expenses | $117M |
| Other Expenses | $17M |
| Operating Expenses | $165M |
| Cost & Expenses | $246M |
| OPERATING INCOME | $30M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | -$6M |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $17M |
| EBIT | $30M |
| EBITDA | $47M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $276M |
| Cost of Revenue | $80M |
| GROSS PROFIT | $195M |
| R&D Expenses | $31M |
| Selling & Marketing | $69M |
| General & Administrative | $49M |
| SG&A Expenses | $117M |
| Other Expenses | $17M |
| Operating Expenses | $165M |
| Cost & Expenses | $246M |
| OPERATING INCOME | $30M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | -$6M |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $17M |
| EBIT | $30M |
| EBITDA | $47M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $35M |
| OPERATING CASH FLOW | $63M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $57.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $59M |
| Net Change in Cash | $58M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $439M |
| Short-Term Investments | $0 |
| Net Receivables | $107M |
| Inventory | $0 |
| Other Current Assets | $26M |
| TOTAL CURRENT ASSETS | $584M |
| PP&E (Net) | $29M |
| Goodwill | $1.6B |
| Intangible Assets | $1.5B |
| Long-Term Investments | $0 |
| Tax Assets | $32M |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $3.1B |
| TOTAL ASSETS | $3.7B |
| Account Payables | $5M |
| Short-Term Debt | $6M |
| Deferred Revenue | $49M |
| Other Current Liabilities | $50M |
| TOTAL CURRENT LIABILITIES | $197M |
| Long-Term Debt | $616M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $9M |
| Other Non-Current Liabilities | $418M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | -$118M |
| Treasury Stock | -$16M |
| Accum. Other Comp. Income | $72M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $790M |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $3.7B |
| Total Debt | $637M |
| Net Debt | $197M |
