| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $207M | $217M | $225M | -4.9% | -8.2% |
| Op. Income | $34M | $37M | $34M | -8.7% | -0.0% |
| Gross Margin | 47.4% | 46.5% | 42.5% | 1.0pp | 4.9pp |
| Net Margin | 12.0% | 13.2% | 10.5% | -1.2pp | 1.5pp |
| EPS (Diluted) | $0.51 | $0.59 | $0.48 | -13.6% | 6.3% |
| Free Cash Flow | $35M | $41M | $31M | -15.3% | 11.3% |
| Item | Amount |
|---|---|
| REVENUE | $207M |
| Cost of Revenue | $109M |
| GROSS PROFIT | $98M |
| R&D Expenses | $23M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $33M |
| Other Expenses | $8M |
| Operating Expenses | $64M |
| Cost & Expenses | $173M |
| OPERATING INCOME | $34M |
| Interest Income | $1M |
| Interest Expense | $1M |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $11M |
| EBIT | $34M |
| EBITDA | $45M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $207M |
| Cost of Revenue | $109M |
| GROSS PROFIT | $98M |
| R&D Expenses | $23M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $33M |
| Other Expenses | $8M |
| Operating Expenses | $64M |
| Cost & Expenses | $173M |
| OPERATING INCOME | $34M |
| Interest Income | $1M |
| Interest Expense | $1M |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $11M |
| EBIT | $34M |
| EBITDA | $45M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $25M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $923.0K |
| Other Non-Cash Items | $947.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $39M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$82M |
| Sales/Maturities of Investments | $32M |
| Other Investing Activities | $212.0K |
| NET CASH FROM INVESTING | -$54M |
| Net Debt Issuance | -$12M |
| Common Stock Repurchased | -$18M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$30M |
| FREE CASH FLOW | $35M |
| Net Change in Cash | -$48M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $232M |
| Short-Term Investments | $137M |
| Net Receivables | $188M |
| Inventory | $165M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $749M |
| PP&E (Net) | $84M |
| Goodwill | $203M |
| Intangible Assets | $143M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $19M |
| TOTAL NON-CURRENT ASSETS | $449M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $70M |
| Short-Term Debt | $11M |
| Deferred Revenue | $19M |
| Other Current Liabilities | $17M |
| TOTAL CURRENT LIABILITIES | $171M |
| Long-Term Debt | $73M |
| Deferred Revenue NC | $6M |
| Deferred Tax Liabilities | $23M |
| Other Non-Current Liabilities | $24M |
| TOTAL NON-CURRENT LIABILITIES | $145M |
| TOTAL LIABILITIES | $316M |
| Common Stock | $49M |
| Additional Paid-In Capital | $682M |
| Retained Earnings | $269M |
| Treasury Stock | -$45M |
| Accum. Other Comp. Income | -$72M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $882M |
| Minority Interest | $0 |
| TOTAL EQUITY | $882M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $103M |
| Net Debt | -$130M |
