| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $310M | $323M | $308M | -4.2% | 0.6% |
| Op. Income | $76M | $88M | $81M | -14.3% | -6.2% |
| Gross Margin | 48.5% | 49.4% | 51.3% | -0.9pp | -2.7pp |
| Net Margin | 6.2% | 8.1% | 10.2% | -1.9pp | -4.0pp |
| EPS (Diluted) | $0.79 | $1.08 | $1.22 | -26.9% | -35.2% |
| Free Cash Flow | $46M | $22M | $47M | 109.7% | -1.9% |
| Item | Amount |
|---|---|
| REVENUE | $310M |
| Cost of Revenue | $159M |
| GROSS PROFIT | $150M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $36M |
| SG&A Expenses | $36M |
| Other Expenses | $39M |
| Operating Expenses | $75M |
| Cost & Expenses | $234M |
| OPERATING INCOME | $76M |
| Interest Income | $0 |
| Interest Expense | $47M |
| Other Income/Expenses | -$45M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $11M |
| EBIT | $77M |
| EBITDA | $88M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $310M |
| Cost of Revenue | $159M |
| GROSS PROFIT | $150M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $36M |
| SG&A Expenses | $36M |
| Other Expenses | $39M |
| Operating Expenses | $75M |
| Cost & Expenses | $234M |
| OPERATING INCOME | $76M |
| Interest Income | $0 |
| Interest Expense | $47M |
| Other Income/Expenses | -$45M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $11M |
| EBIT | $77M |
| EBITDA | $88M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $18M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $54M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$227M |
| Sales/Maturities of Investments | $163M |
| Other Investing Activities | $16M |
| NET CASH FROM INVESTING | -$56M |
| Net Debt Issuance | -$23M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | -$32M |
| FREE CASH FLOW | $46M |
| Net Change in Cash | -$40M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $145M |
| Short-Term Investments | $0 |
| Net Receivables | $10M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $239M |
| PP&E (Net) | $171M |
| Goodwill | $826M |
| Intangible Assets | $19M |
| Long-Term Investments | $3.3B |
| Tax Assets | $16M |
| Other Non-Current Assets | $170M |
| TOTAL NON-CURRENT ASSETS | $4.5B |
| TOTAL ASSETS | $4.8B |
| Account Payables | $0 |
| Short-Term Debt | $903M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $191M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $2.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $257M |
| TOTAL NON-CURRENT LIABILITIES | $2.5B |
| TOTAL LIABILITIES | $3.6B |
| Common Stock | $235.0K |
| Additional Paid-In Capital | $8M |
| Retained Earnings | $1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$129M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $4.8B |
| Total Debt | $3.1B |
| Net Debt | $3.0B |
