| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $243M | $201M | $275M | 20.6% | -11.7% |
| Op. Income | $65M | $22M | $65M | 194.1% | 0.1% |
| Gross Margin | 74.1% | 71.5% | 71.5% | 2.6pp | 2.5pp |
| Net Margin | 23.7% | 12.7% | 21.4% | 11.0pp | 2.3pp |
| EPS (Diluted) | $0.33 | $0.15 | $0.34 | 120.0% | -2.9% |
| Free Cash Flow | $25M | $22M | $37M | 14.1% | -32.8% |
| Item | Amount |
|---|---|
| REVENUE | $243M |
| Cost of Revenue | $63M |
| GROSS PROFIT | $180M |
| R&D Expenses | $34M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $83M |
| Other Expenses | -$3M |
| Operating Expenses | $115M |
| Cost & Expenses | $177M |
| OPERATING INCOME | $65M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $68M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $57M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $57M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $57M |
| D&A | $5M |
| EBIT | $63M |
| EBITDA | $68M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $243M |
| Cost of Revenue | $63M |
| GROSS PROFIT | $180M |
| R&D Expenses | $34M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $83M |
| Other Expenses | -$3M |
| Operating Expenses | $115M |
| Cost & Expenses | $177M |
| OPERATING INCOME | $65M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $68M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $57M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $57M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $57M |
| D&A | $5M |
| EBIT | $63M |
| EBITDA | $68M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $57M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$43M |
| OPERATING CASH FLOW | $30M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | -$22M |
| Purchases of Investments | -$48M |
| Sales/Maturities of Investments | $70M |
| Other Investing Activities | $22M |
| NET CASH FROM INVESTING | $17M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$25M |
| Common Dividends Paid | -$12M |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | -$31M |
| FREE CASH FLOW | $25M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $177M |
| Short-Term Investments | $191M |
| Net Receivables | $150M |
| Inventory | $126M |
| Other Current Assets | $73M |
| TOTAL CURRENT ASSETS | $718M |
| PP&E (Net) | $150M |
| Goodwill | $242M |
| Intangible Assets | $11M |
| Long-Term Investments | $463M |
| Tax Assets | $407M |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $2.0B |
| Account Payables | $26M |
| Short-Term Debt | $0 |
| Deferred Revenue | $43M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $180M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $257M |
| Other Non-Current Liabilities | $19M |
| TOTAL NON-CURRENT LIABILITIES | $337M |
| TOTAL LIABILITIES | $518M |
| Common Stock | $345.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | $538M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$69M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $70M |
| Net Debt | -$107M |
