| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $636M | — | $813M | — | -21.7% |
| Op. Income | $43M | — | $126M | — | -65.5% |
| Gross Margin | 47.6% | — | 47.1% | — | 0.5pp |
| Net Margin | 4.4% | — | 11.9% | — | -7.5pp |
| EPS (Diluted) | $0.59 | — | $1.98 | — | -70.2% |
| Free Cash Flow | $85M | — | $98M | — | -12.9% |
| Item | Amount |
|---|---|
| REVENUE | $636M |
| Cost of Revenue | $334M |
| GROSS PROFIT | $303M |
| R&D Expenses | $89M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $131M |
| Other Expenses | $40M |
| Operating Expenses | $260M |
| Cost & Expenses | $593M |
| OPERATING INCOME | $43M |
| Interest Income | $12M |
| Interest Expense | $3M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $46M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $50M |
| EBIT | $47M |
| EBITDA | $97M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $636M |
| Cost of Revenue | $334M |
| GROSS PROFIT | $303M |
| R&D Expenses | $89M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $131M |
| Other Expenses | $40M |
| Operating Expenses | $260M |
| Cost & Expenses | $593M |
| OPERATING INCOME | $43M |
| Interest Income | $12M |
| Interest Expense | $3M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $46M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $50M |
| EBIT | $47M |
| EBITDA | $97M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $28M |
| Depreciation & Amortization | $50M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $694.0K |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | $101M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | -$70M |
| Purchases of Investments | -$97M |
| Sales/Maturities of Investments | $153M |
| Other Investing Activities | $216.0K |
| NET CASH FROM INVESTING | -$30M |
| Net Debt Issuance | -$39M |
| Common Stock Repurchased | -$24M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$68M |
| FREE CASH FLOW | $85M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $246M |
| Short-Term Investments | $90M |
| Net Receivables | $125M |
| Inventory | $156M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $639M |
| PP&E (Net) | $86M |
| Goodwill | $242M |
| Intangible Assets | $152M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $32M |
| TOTAL NON-CURRENT ASSETS | $512M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $34M |
| Short-Term Debt | $6M |
| Deferred Revenue | $8M |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $103M |
| Long-Term Debt | $34M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $23M |
| Other Non-Current Liabilities | $26M |
| TOTAL NON-CURRENT LIABILITIES | $97M |
| TOTAL LIABILITIES | $200M |
| Common Stock | $49M |
| Additional Paid-In Capital | $686M |
| Retained Earnings | $319M |
| Treasury Stock | -$69M |
| Accum. Other Comp. Income | -$35M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $950M |
| Minority Interest | $0 |
| TOTAL EQUITY | $950M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $59M |
| Net Debt | -$187M |
