| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $668M | $621M | $475M | 7.6% | 40.6% |
| Op. Income | $33M | $8M | -$48M | 312.5% | 168.8% |
| Gross Margin | 72.6% | 70.9% | 68.1% | 1.8pp | 4.5pp |
| Net Margin | 5.4% | 1.3% | -8.7% | 4.1pp | 14.1pp |
| EPS (Diluted) | $0.13 | $0.03 | $-0.61 | 349.8% | 121.3% |
| Free Cash Flow | $121M | $60M | -$63M | 101.7% | 292.1% |
| Item | Amount |
|---|---|
| REVENUE | $668M |
| Cost of Revenue | $183M |
| GROSS PROFIT | $485M |
| R&D Expenses | $127M |
| Selling & Marketing | $172M |
| General & Administrative | $96M |
| SG&A Expenses | $268M |
| Other Expenses | $57M |
| Operating Expenses | $452M |
| Cost & Expenses | $635M |
| OPERATING INCOME | $33M |
| Interest Income | $5M |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | -$36M |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $12M |
| EBIT | $33M |
| EBITDA | $45M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $668M |
| Cost of Revenue | $183M |
| GROSS PROFIT | $485M |
| R&D Expenses | $127M |
| Selling & Marketing | $172M |
| General & Administrative | $96M |
| SG&A Expenses | $268M |
| Other Expenses | $57M |
| Operating Expenses | $452M |
| Cost & Expenses | $635M |
| OPERATING INCOME | $33M |
| Interest Income | $5M |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | -$36M |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $12M |
| EBIT | $33M |
| EBITDA | $45M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $36M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $15M |
| Change in Working Capital | $57M |
| OPERATING CASH FLOW | $129M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | -$93M |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $109M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$58M |
| NET CASH FROM FINANCING | -$58M |
| FREE CASH FLOW | $121M |
| Net Change in Cash | $66M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $209M |
| Net Receivables | $842M |
| Inventory | $0 |
| Other Current Assets | $184M |
| TOTAL CURRENT ASSETS | $2.7B |
| PP&E (Net) | $79M |
| Goodwill | $317M |
| Intangible Assets | $103M |
| Long-Term Investments | $28M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $527M |
| TOTAL ASSETS | $3.7B |
| Account Payables | $88M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $707M |
| TOTAL CURRENT LIABILITIES | $795M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $911M |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$977M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $913M |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.8B |
| TOTAL LIABILITIES & EQUITY | $3.7B |
| Total Debt | $0 |
| Net Debt | -$1.5B |
