| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $210M | $275M | $285M | -23.7% | -26.4% |
| Op. Income | $40M | $65M | $88M | -38.6% | -54.3% |
| Gross Margin | 72.6% | 71.5% | 69.9% | 1.1pp | 2.7pp |
| Net Margin | 16.2% | 21.4% | 27.7% | -5.2pp | -11.5pp |
| EPS (Diluted) | $0.19 | $0.34 | $0.44 | -44.1% | -56.8% |
| Free Cash Flow | $79M | $37M | $60M | 111.4% | 32.0% |
| Item | Amount |
|---|---|
| REVENUE | $210M |
| Cost of Revenue | $57M |
| GROSS PROFIT | $152M |
| R&D Expenses | $34M |
| Selling & Marketing | -$4M |
| General & Administrative | $80M |
| SG&A Expenses | $75M |
| Other Expenses | $3M |
| Operating Expenses | $112M |
| Cost & Expenses | $170M |
| OPERATING INCOME | $40M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$678.0K |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $5M |
| EBIT | $43M |
| EBITDA | $48M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $210M |
| Cost of Revenue | $57M |
| GROSS PROFIT | $152M |
| R&D Expenses | $34M |
| Selling & Marketing | -$4M |
| General & Administrative | $80M |
| SG&A Expenses | $75M |
| Other Expenses | $3M |
| Operating Expenses | $112M |
| Cost & Expenses | $170M |
| OPERATING INCOME | $40M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$678.0K |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $5M |
| EBIT | $43M |
| EBITDA | $48M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $34M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $31M |
| OPERATING CASH FLOW | $84M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $51M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $47M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$24M |
| Common Dividends Paid | -$11M |
| Other Financing Activities | -$189.0K |
| NET CASH FROM FINANCING | -$36M |
| FREE CASH FLOW | $79M |
| Net Change in Cash | $89M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $266M |
| Short-Term Investments | $208M |
| Net Receivables | $98M |
| Inventory | $109M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $787M |
| PP&E (Net) | $111M |
| Goodwill | $238M |
| Intangible Assets | $9M |
| Long-Term Investments | $343M |
| Tax Assets | $405M |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $1.9B |
| Account Payables | $22M |
| Short-Term Debt | $0 |
| Deferred Revenue | $55M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $161M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $272M |
| Other Non-Current Liabilities | $52M |
| TOTAL NON-CURRENT LIABILITIES | $350M |
| TOTAL LIABILITIES | $511M |
| Common Stock | $346.0K |
| Additional Paid-In Capital | $960M |
| Retained Earnings | $511M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$82M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $33M |
| Net Debt | -$233M |
