| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $466M | $277M | $347M | 68.0% | 34.1% |
| Op. Income | $95M | $19M | $64M | 398.3% | 48.4% |
| Gross Margin | 50.5% | 50.5% | 51.9% | 0.1pp | -1.3pp |
| Net Margin | 18.3% | 6.2% | 17.1% | 12.1pp | 1.1pp |
| EPS (Diluted) | $1.43 | $0.29 | $0.99 | 393.1% | 44.4% |
| Free Cash Flow | $23M | -$38M | $36M | 161.8% | -34.7% |
| Item | Amount |
|---|---|
| REVENUE | $466M |
| Cost of Revenue | $230M |
| GROSS PROFIT | $235M |
| R&D Expenses | $102M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $38M |
| Other Expenses | $0 |
| Operating Expenses | $140M |
| Cost & Expenses | $371M |
| OPERATING INCOME | $95M |
| Interest Income | $288.0K |
| Interest Expense | $253.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $97M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $85M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $85M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $85M |
| D&A | $16M |
| EBIT | $97M |
| EBITDA | $113M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $466M |
| Cost of Revenue | $230M |
| GROSS PROFIT | $235M |
| R&D Expenses | $102M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $38M |
| Other Expenses | $0 |
| Operating Expenses | $140M |
| Cost & Expenses | $371M |
| OPERATING INCOME | $95M |
| Interest Income | $288.0K |
| Interest Expense | $253.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $97M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $85M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $85M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $85M |
| D&A | $16M |
| EBIT | $97M |
| EBITDA | $113M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $85M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | $294.0K |
| Other Non-Cash Items | $423.0K |
| Change in Working Capital | -$89M |
| OPERATING CASH FLOW | $29M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | -$14M |
| Sales/Maturities of Investments | $308M |
| Other Investing Activities | -$278M |
| NET CASH FROM INVESTING | $13M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$41M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$40M |
| FREE CASH FLOW | $23M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $387M |
| Short-Term Investments | $8M |
| Net Receivables | $281M |
| Inventory | $188M |
| Other Current Assets | $46M |
| TOTAL CURRENT ASSETS | $949M |
| PP&E (Net) | $289M |
| Goodwill | $438M |
| Intangible Assets | $175M |
| Long-Term Investments | $68M |
| Tax Assets | $10M |
| Other Non-Current Assets | $298M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $387M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $25M |
| TOTAL CURRENT LIABILITIES | $500M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $135M |
| TOTAL NON-CURRENT LIABILITIES | $258M |
| TOTAL LIABILITIES | $758M |
| Common Stock | $57.0K |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | -$66M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $205.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $137M |
| Net Debt | -$250M |
