| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $949M | $844M | $834M | 12.4% | 13.8% |
| Op. Income | $68M | $63M | $142M | 7.2% | -52.1% |
| Gross Margin | 39.0% | 41.6% | 45.8% | -2.6pp | -6.8pp |
| Net Margin | 4.1% | 5.4% | 12.4% | -1.3pp | -8.3pp |
| EPS (Diluted) | $0.25 | $0.29 | $0.66 | -13.8% | -62.1% |
| Free Cash Flow | $87M | -$80M | $194M | 208.6% | -55.1% |
| Item | Amount |
|---|---|
| REVENUE | $949M |
| Cost of Revenue | $579M |
| GROSS PROFIT | $370M |
| R&D Expenses | $137M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $166M |
| Other Expenses | $0 |
| Operating Expenses | $302M |
| Cost & Expenses | $881M |
| OPERATING INCOME | $68M |
| Interest Income | $1M |
| Interest Expense | $12M |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | $47M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $35M |
| EBIT | $59M |
| EBITDA | $94M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $949M |
| Cost of Revenue | $579M |
| GROSS PROFIT | $370M |
| R&D Expenses | $137M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $166M |
| Other Expenses | $0 |
| Operating Expenses | $302M |
| Cost & Expenses | $881M |
| OPERATING INCOME | $68M |
| Interest Income | $1M |
| Interest Expense | $12M |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | $47M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $35M |
| EBIT | $59M |
| EBITDA | $94M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $39M |
| Depreciation & Amortization | $35M |
| Stock-Based Compensation | $27M |
| Deferred Income Tax | -$13M |
| Other Non-Cash Items | $12M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $107M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | -$6M |
| Purchases of Investments | -$119M |
| Sales/Maturities of Investments | $42M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$102M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | -$93M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$639.0K |
| NET CASH FROM FINANCING | -$98M |
| FREE CASH FLOW | $87M |
| Net Change in Cash | -$99M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $530M |
| Net Receivables | $934M |
| Inventory | $537M |
| Other Current Assets | $68M |
| TOTAL CURRENT ASSETS | $3.2B |
| PP&E (Net) | $324M |
| Goodwill | $329M |
| Intangible Assets | $89M |
| Long-Term Investments | $87M |
| Tax Assets | $798M |
| Other Non-Current Assets | $108M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $5.0B |
| Account Payables | $353M |
| Short-Term Debt | $7M |
| Deferred Revenue | $156M |
| Other Current Liabilities | $166M |
| TOTAL CURRENT LIABILITIES | $869M |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $62M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $148M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $2M |
| Additional Paid-In Capital | $6.5B |
| Retained Earnings | -$3.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$16M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.8B |
| TOTAL LIABILITIES & EQUITY | $5.0B |
| Total Debt | $1.1B |
| Net Debt | $109M |
