| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $773M | $646M | $770M | 19.6% | 0.4% |
| Op. Income | $63M | $11M | $39M | 457.0% | 61.0% |
| Gross Margin | 46.4% | 43.4% | 42.7% | 2.9pp | 3.6pp |
| Net Margin | 1.4% | -0.7% | 2.5% | 2.1pp | -1.1pp |
| EPS (Diluted) | $0.06 | $-0.02 | $0.10 | 355.4% | -41.5% |
| Free Cash Flow | $15M | $26M | -$86M | -43.2% | 116.9% |
| Item | Amount |
|---|---|
| REVENUE | $773M |
| Cost of Revenue | $415M |
| GROSS PROFIT | $358M |
| R&D Expenses | $0 |
| Selling & Marketing | $137M |
| General & Administrative | $70M |
| SG&A Expenses | $208M |
| Other Expenses | $87M |
| Operating Expenses | $295M |
| Cost & Expenses | $710M |
| OPERATING INCOME | $63M |
| Interest Income | $13.9K |
| Interest Expense | $28.2K |
| Other Income/Expenses | -$54M |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1.1K |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $0 |
| EBIT | $57M |
| EBITDA | $57M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $773M |
| Cost of Revenue | $415M |
| GROSS PROFIT | $358M |
| R&D Expenses | $0 |
| Selling & Marketing | $137M |
| General & Administrative | $70M |
| SG&A Expenses | $208M |
| Other Expenses | $87M |
| Operating Expenses | $295M |
| Cost & Expenses | $710M |
| OPERATING INCOME | $63M |
| Interest Income | $13.9K |
| Interest Expense | $28.2K |
| Other Income/Expenses | -$54M |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1.1K |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $0 |
| EBIT | $57M |
| EBITDA | $57M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $40M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $16M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $66M |
| Capital Expenditure | -$51M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$58M |
| Net Debt Issuance | -$83M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $62M |
| NET CASH FROM FINANCING | -$21M |
| FREE CASH FLOW | $15M |
| Net Change in Cash | $40M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $789.3K |
| Short-Term Investments | $11.0K |
| Net Receivables | $541.1K |
| Inventory | $641.9K |
| Other Current Assets | $29.4K |
| TOTAL CURRENT ASSETS | $2M |
| PP&E (Net) | $2M |
| Goodwill | $180.0K |
| Intangible Assets | $225.5K |
| Long-Term Investments | $249.9K |
| Tax Assets | $150.0K |
| Other Non-Current Assets | $14.6K |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $5M |
| Account Payables | $444.1K |
| Short-Term Debt | $161.7K |
| Deferred Revenue | $906 |
| Other Current Liabilities | $204.7K |
| TOTAL CURRENT LIABILITIES | $866.0K |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $274.3K |
| Other Non-Current Liabilities | $54.1K |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $3M |
| Common Stock | $708.8K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$115.4K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2M |
| Minority Interest | $148.2K |
| TOTAL EQUITY | $2M |
| TOTAL LIABILITIES & EQUITY | $5M |
| Total Debt | $2M |
| Net Debt | $993.2K |
