| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $195M | $173M | $186M | 12.2% | 4.5% |
| Op. Income | $24M | $27M | $66M | -11.3% | -63.1% |
| Gross Margin | 64.6% | 64.8% | 81.1% | -0.2pp | -16.5pp |
| Net Margin | 14.7% | 12.3% | 24.9% | 2.4pp | -10.2pp |
| EPS (Diluted) | $0.13 | $0.09 | $0.21 | 44.4% | -38.1% |
| Free Cash Flow | $44M | $28M | $72M | 55.6% | -38.7% |
| Item | Amount |
|---|---|
| REVENUE | $195M |
| Cost of Revenue | $69M |
| GROSS PROFIT | $126M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $47M |
| SG&A Expenses | $50M |
| Other Expenses | $52M |
| Operating Expenses | $102M |
| Cost & Expenses | $171M |
| OPERATING INCOME | $24M |
| Interest Income | $170M |
| Interest Expense | $22M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $6M |
| EBIT | $24M |
| EBITDA | $31M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $195M |
| Cost of Revenue | $69M |
| GROSS PROFIT | $126M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $47M |
| SG&A Expenses | $50M |
| Other Expenses | $52M |
| Operating Expenses | $102M |
| Cost & Expenses | $171M |
| OPERATING INCOME | $24M |
| Interest Income | $170M |
| Interest Expense | $22M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $6M |
| EBIT | $24M |
| EBITDA | $31M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $29M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$12M |
| Other Non-Cash Items | $40M |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | $48M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $407M |
| Purchases of Investments | -$851M |
| Sales/Maturities of Investments | $1.3B |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | $817M |
| Net Debt Issuance | -$294.0K |
| Common Stock Repurchased | -$8.0K |
| Common Dividends Paid | -$11M |
| Other Financing Activities | $314M |
| NET CASH FROM FINANCING | $303M |
| FREE CASH FLOW | $44M |
| Net Change in Cash | $1.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.4B |
| Short-Term Investments | $3.1B |
| Net Receivables | $77M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.5B |
| PP&E (Net) | $160M |
| Goodwill | $34M |
| Intangible Assets | $44M |
| Long-Term Investments | $11.7B |
| Tax Assets | $348M |
| Other Non-Current Assets | $830M |
| TOTAL NON-CURRENT ASSETS | $13.1B |
| TOTAL ASSETS | $18.7B |
| Account Payables | $258M |
| Short-Term Debt | $300M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $15.2B |
| TOTAL CURRENT LIABILITIES | $15.8B |
| Long-Term Debt | $674M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $674M |
| TOTAL LIABILITIES | $16.4B |
| Common Stock | $22M |
| Additional Paid-In Capital | $945M |
| Retained Earnings | $1.2B |
| Treasury Stock | -$480.0K |
| Accum. Other Comp. Income | $45M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $18.7B |
| Total Debt | $974M |
| Net Debt | -$1.4B |
