| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $269M | $254M | $187M | 5.7% | 44.1% |
| Op. Income | $81M | $89M | $79M | -8.4% | 2.9% |
| Gross Margin | 72.4% | 78.3% | 97.0% | -6.0pp | -24.6pp |
| Net Margin | 23.2% | 26.3% | 31.8% | -3.0pp | -8.6pp |
| EPS (Diluted) | $0.49 | $0.52 | $0.46 | -5.8% | 6.5% |
| Free Cash Flow | $102M | $81M | $96M | 26.2% | 6.4% |
| Item | Amount |
|---|---|
| REVENUE | $269M |
| Cost of Revenue | $74M |
| GROSS PROFIT | $195M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $58M |
| SG&A Expenses | $60M |
| Other Expenses | $53M |
| Operating Expenses | $113M |
| Cost & Expenses | $187M |
| OPERATING INCOME | $81M |
| Interest Income | $229M |
| Interest Expense | $69M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $81M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $62M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $62M |
| D&A | $11M |
| EBIT | $81M |
| EBITDA | $93M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $269M |
| Cost of Revenue | $74M |
| GROSS PROFIT | $195M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $58M |
| SG&A Expenses | $60M |
| Other Expenses | $53M |
| Operating Expenses | $113M |
| Cost & Expenses | $187M |
| OPERATING INCOME | $81M |
| Interest Income | $229M |
| Interest Expense | $69M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $81M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $62M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $62M |
| D&A | $11M |
| EBIT | $81M |
| EBITDA | $93M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $62M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $29M |
| OPERATING CASH FLOW | $105M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$39M |
| Sales/Maturities of Investments | $268M |
| Other Investing Activities | -$153M |
| NET CASH FROM INVESTING | $74M |
| Net Debt Issuance | -$250M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$33M |
| Other Financing Activities | -$203M |
| NET CASH FROM FINANCING | -$486M |
| FREE CASH FLOW | $102M |
| Net Change in Cash | -$307M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $558M |
| Short-Term Investments | $2.9B |
| Net Receivables | $413M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.9B |
| PP&E (Net) | $278M |
| Goodwill | $995M |
| Intangible Assets | $6M |
| Long-Term Investments | $18.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.3B |
| TOTAL NON-CURRENT ASSETS | $20.6B |
| TOTAL ASSETS | $24.5B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $21.1B |
| TOTAL CURRENT LIABILITIES | $21.1B |
| Long-Term Debt | $500M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $574M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $22.2B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.5B |
| Retained Earnings | $799M |
| Treasury Stock | -$371M |
| Accum. Other Comp. Income | -$613M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $24.5B |
| Total Debt | $500M |
| Net Debt | -$58M |
