| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $179M | $126M | $180M | 42.2% | -0.9% |
| Op. Income | $52M | $11M | $34M | 376.9% | 53.6% |
| Gross Margin | 53.2% | 38.5% | 35.9% | 14.7pp | 17.3pp |
| Net Margin | 22.1% | -37.7% | 17.3% | 59.7pp | 4.8pp |
| EPS (Diluted) | $0.28 | $-0.38 | $0.23 | 173.7% | 21.7% |
| Free Cash Flow | $64M | $21M | $769.0K | 203.1% | 8170.2% |
| Item | Amount |
|---|---|
| REVENUE | $179M |
| Cost of Revenue | $84M |
| GROSS PROFIT | $95M |
| R&D Expenses | $15M |
| Selling & Marketing | $15M |
| General & Administrative | $14M |
| SG&A Expenses | $28M |
| Other Expenses | $0 |
| Operating Expenses | $43M |
| Cost & Expenses | $127M |
| OPERATING INCOME | $52M |
| Interest Income | $110.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $5M |
| EBIT | $51M |
| EBITDA | $56M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $179M |
| Cost of Revenue | $84M |
| GROSS PROFIT | $95M |
| R&D Expenses | $15M |
| Selling & Marketing | $15M |
| General & Administrative | $14M |
| SG&A Expenses | $28M |
| Other Expenses | $0 |
| Operating Expenses | $43M |
| Cost & Expenses | $127M |
| OPERATING INCOME | $52M |
| Interest Income | $110.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $5M |
| EBIT | $51M |
| EBITDA | $56M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $39M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $68M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$636.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | -$9M |
| FREE CASH FLOW | $64M |
| Net Change in Cash | $55M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $662M |
| Short-Term Investments | $0 |
| Net Receivables | $139M |
| Inventory | $38M |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $850M |
| PP&E (Net) | $50M |
| Goodwill | $25M |
| Intangible Assets | $27M |
| Long-Term Investments | $49M |
| Tax Assets | $89M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $242M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $48M |
| Short-Term Debt | $108M |
| Deferred Revenue | $42M |
| Other Current Liabilities | $53M |
| TOTAL CURRENT LIABILITIES | $257M |
| Long-Term Debt | $256M |
| Deferred Revenue NC | $116M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $35M |
| TOTAL NON-CURRENT LIABILITIES | $420M |
| TOTAL LIABILITIES | $676M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $541M |
| Retained Earnings | -$124M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$356.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $416M |
| Minority Interest | $0 |
| TOTAL EQUITY | $416M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $377M |
| Net Debt | -$285M |
