| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.0B | — | $868M | — | 19.8% |
| Op. Income | $26M | — | $53M | — | -51.4% |
| Gross Margin | 49.9% | — | 50.2% | — | -0.3pp |
| Net Margin | 2.8% | — | 4.7% | — | -1.9pp |
| EPS (Diluted) | $0.42 | — | $0.60 | — | -30.0% |
| Free Cash Flow | $38M | — | $13M | — | 192.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $521M |
| GROSS PROFIT | $518M |
| R&D Expenses | $178M |
| Selling & Marketing | $215M |
| General & Administrative | $100M |
| SG&A Expenses | $315M |
| Other Expenses | $0 |
| Operating Expenses | $493M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $26M |
| Interest Income | $10M |
| Interest Expense | $0 |
| Other Income/Expenses | $9M |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $17M |
| EBIT | $26M |
| EBITDA | $42M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $521M |
| GROSS PROFIT | $518M |
| R&D Expenses | $178M |
| Selling & Marketing | $215M |
| General & Administrative | $100M |
| SG&A Expenses | $315M |
| Other Expenses | $0 |
| Operating Expenses | $493M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $26M |
| Interest Income | $10M |
| Interest Expense | $0 |
| Other Income/Expenses | $9M |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $17M |
| EBIT | $26M |
| EBITDA | $42M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $29M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $63M |
| Deferred Income Tax | -$660.0K |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | -$48M |
| OPERATING CASH FLOW | $56M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$216M |
| Sales/Maturities of Investments | $228M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$86M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $20M |
| NET CASH FROM FINANCING | -$66M |
| FREE CASH FLOW | $38M |
| Net Change in Cash | -$16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $63M |
| Short-Term Investments | $157M |
| Net Receivables | $126M |
| Inventory | $133M |
| Other Current Assets | $78M |
| TOTAL CURRENT ASSETS | $598M |
| PP&E (Net) | $39M |
| Goodwill | $116M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $168M |
| Other Non-Current Assets | $21M |
| TOTAL NON-CURRENT ASSETS | $344M |
| TOTAL ASSETS | $942M |
| Account Payables | $35M |
| Short-Term Debt | $0 |
| Deferred Revenue | $37M |
| Other Current Liabilities | $75M |
| TOTAL CURRENT LIABILITIES | $188M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $25M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $35M |
| TOTAL LIABILITIES | $223M |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$360M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$659.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $719M |
| Minority Interest | $0 |
| TOTAL EQUITY | $719M |
| TOTAL LIABILITIES & EQUITY | $942M |
| Total Debt | $12M |
| Net Debt | -$52M |
