| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $289M | $277M | $198M | 4.2% | 46.1% |
| Op. Income | $78M | $81M | $47M | -3.4% | 66.5% |
| Gross Margin | 69.4% | 72.8% | 87.1% | -3.4pp | -17.7pp |
| Net Margin | 21.8% | 23.7% | 28.2% | -1.9pp | -6.3pp |
| EPS (Diluted) | $0.66 | $0.69 | $0.59 | -4.3% | 11.9% |
| Free Cash Flow | $86M | $99M | -$94M | -13.8% | 191.0% |
| Item | Amount |
|---|---|
| REVENUE | $289M |
| Cost of Revenue | $88M |
| GROSS PROFIT | $200M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $87M |
| SG&A Expenses | $90M |
| Other Expenses | $32M |
| Operating Expenses | $122M |
| Cost & Expenses | $210M |
| OPERATING INCOME | $78M |
| Interest Income | $232M |
| Interest Expense | $77M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $78M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $63M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $63M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $63M |
| D&A | $8M |
| EBIT | $78M |
| EBITDA | $86M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $289M |
| Cost of Revenue | $88M |
| GROSS PROFIT | $200M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $87M |
| SG&A Expenses | $90M |
| Other Expenses | $32M |
| Operating Expenses | $122M |
| Cost & Expenses | $210M |
| OPERATING INCOME | $78M |
| Interest Income | $232M |
| Interest Expense | $77M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $78M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $63M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $63M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $63M |
| D&A | $8M |
| EBIT | $78M |
| EBITDA | $86M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $63M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $15M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $92M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | -$40.0K |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $145M |
| Other Investing Activities | -$82M |
| NET CASH FROM INVESTING | $54M |
| Net Debt Issuance | -$241M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$22M |
| Other Financing Activities | $121M |
| NET CASH FROM FINANCING | -$142M |
| FREE CASH FLOW | $86M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $673M |
| Short-Term Investments | $3.0B |
| Net Receivables | $400M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.1B |
| PP&E (Net) | $329M |
| Goodwill | $1.0B |
| Intangible Assets | $86M |
| Long-Term Investments | $10.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $12.9B |
| TOTAL ASSETS | $17.1B |
| Account Payables | $695M |
| Short-Term Debt | $974M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $12.9B |
| TOTAL CURRENT LIABILITIES | $14.6B |
| Long-Term Debt | $339M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $341M |
| TOTAL LIABILITIES | $14.9B |
| Common Stock | $1.6B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.1B |
| Treasury Stock | -$198M |
| Accum. Other Comp. Income | -$410M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $17.1B |
| Total Debt | $1.3B |
| Net Debt | $642M |
