| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $208M | $214M | $238M | -2.5% | -12.4% |
| Op. Income | $47M | $50M | $49M | -6.0% | -4.5% |
| Gross Margin | 46.7% | 48.5% | 40.2% | -1.8pp | 6.5pp |
| Net Margin | 8.8% | 12.8% | 10.1% | -4.1pp | -1.3pp |
| EPS (Diluted) | $1.16 | $1.74 | $1.49 | -33.3% | -22.1% |
| Free Cash Flow | $20M | $46.0K | $30M | 43054.3% | -34.3% |
| Item | Amount |
|---|---|
| REVENUE | $208M |
| Cost of Revenue | $111M |
| GROSS PROFIT | $97M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $48M |
| SG&A Expenses | $48M |
| Other Expenses | $3M |
| Operating Expenses | $51M |
| Cost & Expenses | $162M |
| OPERATING INCOME | $47M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $8M |
| EBIT | $42M |
| EBITDA | $51M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $208M |
| Cost of Revenue | $111M |
| GROSS PROFIT | $97M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $48M |
| SG&A Expenses | $48M |
| Other Expenses | $3M |
| Operating Expenses | $51M |
| Cost & Expenses | $162M |
| OPERATING INCOME | $47M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $8M |
| EBIT | $42M |
| EBITDA | $51M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$38.0K |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | $27M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$95M |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | $1.0K |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$101M |
| FREE CASH FLOW | $20M |
| Net Change in Cash | -$78M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $98M |
| Short-Term Investments | $0 |
| Net Receivables | $91M |
| Inventory | $0 |
| Other Current Assets | $53M |
| TOTAL CURRENT ASSETS | $270M |
| PP&E (Net) | $441M |
| Goodwill | $254M |
| Intangible Assets | $591M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $110M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $1.7B |
| Account Payables | $33M |
| Short-Term Debt | $100M |
| Deferred Revenue | $138M |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $400M |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $41M |
| Deferred Tax Liabilities | $70M |
| Other Non-Current Liabilities | $17M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $249.0K |
| Additional Paid-In Capital | $251M |
| Retained Earnings | $114M |
| Treasury Stock | -$646M |
| Accum. Other Comp. Income | -$65.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$281M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$281M |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $1.6B |
| Net Debt | $1.5B |
