| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $335M | $278M | $352M | 20.4% | -4.8% |
| Op. Income | $94M | $32M | $90M | 196.1% | 3.7% |
| Gross Margin | 89.7% | 86.6% | 90.7% | 3.1pp | -1.0pp |
| Net Margin | 23.7% | 10.0% | 22.8% | 13.7pp | 0.9pp |
| EPS (Diluted) | $0.82 | $0.28 | $0.77 | 192.9% | 6.5% |
| Free Cash Flow | $49M | $41M | $6M | 21.1% | 750.5% |
| Item | Amount |
|---|---|
| REVENUE | $335M |
| Cost of Revenue | $34M |
| GROSS PROFIT | $300M |
| R&D Expenses | $64M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $142M |
| Other Expenses | $0 |
| Operating Expenses | $207M |
| Cost & Expenses | $241M |
| OPERATING INCOME | $94M |
| Interest Income | $5M |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $100M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $79M |
| Net Income from Discontinued Ops | $0 |
| NET INCOME | $79M |
| BOTTOM LINE NET INCOME | $79M |
| D&A | $22M |
| EBIT | $100M |
| EBITDA | $122M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $335M |
| Cost of Revenue | $34M |
| GROSS PROFIT | $300M |
| R&D Expenses | $64M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $142M |
| Other Expenses | $0 |
| Operating Expenses | $207M |
| Cost & Expenses | $241M |
| OPERATING INCOME | $94M |
| Interest Income | $5M |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $100M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $79M |
| Net Income from Discontinued Ops | $0 |
| NET INCOME | $79M |
| BOTTOM LINE NET INCOME | $79M |
| D&A | $22M |
| EBIT | $100M |
| EBITDA | $122M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $79M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $31M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | -$64M |
| OPERATING CASH FLOW | $56M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$73M |
| Sales/Maturities of Investments | $108M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $28M |
| Common Stock Repurchased | -$74M |
| Common Dividends Paid | -$26M |
| Other Financing Activities | -$766.0K |
| NET CASH FROM FINANCING | -$90M |
| FREE CASH FLOW | $49M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $631M |
| Short-Term Investments | $133M |
| Net Receivables | $506M |
| Inventory | $26M |
| Other Current Assets | $25M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $556M |
| Goodwill | $369M |
| Intangible Assets | $106M |
| Long-Term Investments | $124M |
| Tax Assets | $192M |
| Other Non-Current Assets | $52M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $2.7B |
| Account Payables | $17M |
| Short-Term Debt | $13M |
| Deferred Revenue | $22M |
| Other Current Liabilities | $167M |
| TOTAL CURRENT LIABILITIES | $290M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $23M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $109M |
| TOTAL NON-CURRENT LIABILITIES | $166M |
| TOTAL LIABILITIES | $456M |
| Common Stock | $95.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $2.3B |
| Accum. Other Comp. Income | -$32M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $5M |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $47M |
| Net Debt | -$584M |
