| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $278M | $269M | $214M | 3.2% | 29.6% |
| Op. Income | $76M | $81M | $92M | -6.2% | -17.1% |
| Gross Margin | 67.5% | 72.4% | 92.1% | -4.9pp | -24.6pp |
| Net Margin | 21.0% | 23.2% | 32.2% | -2.2pp | -11.3pp |
| EPS (Diluted) | $0.46 | $0.49 | $0.54 | -6.1% | -14.8% |
| Free Cash Flow | $22M | $102M | $151M | -78.4% | -85.4% |
| Item | Amount |
|---|---|
| REVENUE | $278M |
| Cost of Revenue | $90M |
| GROSS PROFIT | $187M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $56M |
| SG&A Expenses | $58M |
| Other Expenses | $53M |
| Operating Expenses | $111M |
| Cost & Expenses | $201M |
| OPERATING INCOME | $76M |
| Interest Income | $240M |
| Interest Expense | $83M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $76M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $58M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $58M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $58M |
| D&A | $10M |
| EBIT | $76M |
| EBITDA | $87M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $278M |
| Cost of Revenue | $90M |
| GROSS PROFIT | $187M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $56M |
| SG&A Expenses | $58M |
| Other Expenses | $53M |
| Operating Expenses | $111M |
| Cost & Expenses | $201M |
| OPERATING INCOME | $76M |
| Interest Income | $240M |
| Interest Expense | $83M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $76M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $58M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $58M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $58M |
| D&A | $10M |
| EBIT | $76M |
| EBITDA | $87M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $58M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$11M |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$41M |
| OPERATING CASH FLOW | $26M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$21M |
| Sales/Maturities of Investments | $225M |
| Other Investing Activities | $29M |
| NET CASH FROM INVESTING | $229M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$17.0K |
| Common Dividends Paid | -$33M |
| Other Financing Activities | $433M |
| NET CASH FROM FINANCING | $400M |
| FREE CASH FLOW | $22M |
| Net Change in Cash | $655M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $2.7B |
| Net Receivables | $417M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.4B |
| PP&E (Net) | $278M |
| Goodwill | $995M |
| Intangible Assets | $6M |
| Long-Term Investments | $17.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.3B |
| TOTAL NON-CURRENT ASSETS | $20.6B |
| TOTAL ASSETS | $24.9B |
| Account Payables | $0 |
| Short-Term Debt | $1.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $21.5B |
| TOTAL CURRENT LIABILITIES | $22.5B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $50M |
| TOTAL NON-CURRENT LIABILITIES | $50M |
| TOTAL LIABILITIES | $22.6B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.5B |
| Retained Earnings | $824M |
| Treasury Stock | -$371M |
| Accum. Other Comp. Income | -$649M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $24.9B |
| Total Debt | $1.0B |
| Net Debt | -$213M |
