| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $548M | $466M | $486M | 17.7% | 12.9% |
| Op. Income | $144M | $95M | $130M | 51.4% | 11.2% |
| Gross Margin | 52.8% | 50.5% | 51.8% | 2.3pp | 1.0pp |
| Net Margin | 23.3% | 18.3% | 23.5% | 5.0pp | -0.3pp |
| EPS (Diluted) | $2.16 | $1.43 | $1.91 | 51.0% | 13.1% |
| Free Cash Flow | -$140M | $23M | $129M | -700.4% | -207.9% |
| Item | Amount |
|---|---|
| REVENUE | $548M |
| Cost of Revenue | $259M |
| GROSS PROFIT | $290M |
| R&D Expenses | $107M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $38M |
| Other Expenses | $0 |
| Operating Expenses | $145M |
| Cost & Expenses | $404M |
| OPERATING INCOME | $144M |
| Interest Income | $140.0K |
| Interest Expense | $218.0K |
| Other Income/Expenses | -$165.0K |
| INCOME BEFORE TAX | $144M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $128M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $128M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $128M |
| D&A | $17M |
| EBIT | $144M |
| EBITDA | $162M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $548M |
| Cost of Revenue | $259M |
| GROSS PROFIT | $290M |
| R&D Expenses | $107M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $38M |
| Other Expenses | $0 |
| Operating Expenses | $145M |
| Cost & Expenses | $404M |
| OPERATING INCOME | $144M |
| Interest Income | $140.0K |
| Interest Expense | $218.0K |
| Other Income/Expenses | -$165.0K |
| INCOME BEFORE TAX | $144M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $128M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $128M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $128M |
| D&A | $17M |
| EBIT | $144M |
| EBITDA | $162M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $128M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | $733.0K |
| Other Non-Cash Items | $278.0K |
| Change in Working Capital | -$300M |
| OPERATING CASH FLOW | -$136M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | -$10M |
| Sales/Maturities of Investments | $9M |
| Other Investing Activities | -$361.0K |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$56M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2.0K |
| NET CASH FROM FINANCING | -$50M |
| FREE CASH FLOW | -$140M |
| Net Change in Cash | -$192M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $195M |
| Short-Term Investments | $4M |
| Net Receivables | $326M |
| Inventory | $149M |
| Other Current Assets | $49M |
| TOTAL CURRENT ASSETS | $764M |
| PP&E (Net) | $330M |
| Goodwill | $438M |
| Intangible Assets | $166M |
| Long-Term Investments | $72M |
| Tax Assets | $7M |
| Other Non-Current Assets | $292M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $110M |
| Short-Term Debt | $0 |
| Deferred Revenue | $59M |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $240M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $101M |
| TOTAL NON-CURRENT LIABILITIES | $266M |
| TOTAL LIABILITIES | $505M |
| Common Stock | $57.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $6M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$415.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $180M |
| Net Debt | -$16M |
