| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $323M | $300M | $204M | 7.9% | 58.3% |
| Op. Income | $103M | $115M | $113M | -11.0% | -9.3% |
| Gross Margin | 60.5% | 66.3% | 91.7% | -5.8pp | -31.3pp |
| Net Margin | 28.8% | 32.0% | 43.6% | -3.2pp | -14.7pp |
| EPS (Diluted) | $1.28 | $1.32 | $1.18 | -3.0% | 8.5% |
| Free Cash Flow | $90M | $121M | $90M | -25.5% | -0.0% |
| Item | Amount |
|---|---|
| REVENUE | $323M |
| Cost of Revenue | $128M |
| GROSS PROFIT | $195M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $40M |
| SG&A Expenses | $42M |
| Other Expenses | $50M |
| Operating Expenses | $93M |
| Cost & Expenses | $221M |
| OPERATING INCOME | $103M |
| Interest Income | $300M |
| Interest Expense | $119M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $103M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $93M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $93M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $93M |
| D&A | $5M |
| EBIT | $103M |
| EBITDA | $107M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $323M |
| Cost of Revenue | $128M |
| GROSS PROFIT | $195M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $40M |
| SG&A Expenses | $42M |
| Other Expenses | $50M |
| Operating Expenses | $93M |
| Cost & Expenses | $221M |
| OPERATING INCOME | $103M |
| Interest Income | $300M |
| Interest Expense | $119M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $103M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $93M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $93M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $93M |
| D&A | $5M |
| EBIT | $103M |
| EBITDA | $107M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $93M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $19M |
| Change in Working Capital | -$26M |
| OPERATING CASH FLOW | $91M |
| Capital Expenditure | -$667.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$48M |
| Sales/Maturities of Investments | $68M |
| Other Investing Activities | -$637M |
| NET CASH FROM INVESTING | -$618M |
| Net Debt Issuance | $455M |
| Common Stock Repurchased | $44.0K |
| Common Dividends Paid | -$25M |
| Other Financing Activities | $445M |
| NET CASH FROM FINANCING | $876M |
| FREE CASH FLOW | $90M |
| Net Change in Cash | $349M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $188M |
| Short-Term Investments | $2.8B |
| Net Receivables | $86M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.1B |
| PP&E (Net) | $123M |
| Goodwill | $376M |
| Intangible Assets | $5M |
| Long-Term Investments | $19.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $319M |
| TOTAL NON-CURRENT ASSETS | $20.0B |
| TOTAL ASSETS | $23.0B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $19.1B |
| TOTAL CURRENT LIABILITIES | $19.1B |
| Long-Term Debt | $957M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $338M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $20.4B |
| Common Stock | $913.0K |
| Additional Paid-In Capital | $983M |
| Retained Earnings | $2.4B |
| Treasury Stock | -$667M |
| Accum. Other Comp. Income | -$99M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $23.0B |
| Total Debt | $990M |
| Net Debt | $803M |
