| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $292M | $277M | $264M | 5.4% | 10.6% |
| Op. Income | $66M | $56M | $68M | 17.4% | -2.3% |
| Gross Margin | 73.8% | 74.4% | 74.0% | -0.6pp | -0.3pp |
| Net Margin | 19.8% | 17.8% | 20.7% | 2.0pp | -0.9pp |
| EPS (Diluted) | $0.57 | $0.48 | $0.53 | 18.7% | 7.5% |
| Free Cash Flow | $17M | $37M | $13M | -54.0% | 30.7% |
| Item | Amount |
|---|---|
| REVENUE | $292M |
| Cost of Revenue | $76M |
| GROSS PROFIT | $215M |
| R&D Expenses | $21M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $120M |
| Other Expenses | $8M |
| Operating Expenses | $149M |
| Cost & Expenses | $225M |
| OPERATING INCOME | $66M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $75M |
| Income Tax Expense | $17M |
| 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 | $18M |
| EBIT | $69M |
| EBITDA | $87M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $292M |
| Cost of Revenue | $76M |
| GROSS PROFIT | $215M |
| R&D Expenses | $21M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $120M |
| Other Expenses | $8M |
| Operating Expenses | $149M |
| Cost & Expenses | $225M |
| OPERATING INCOME | $66M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $75M |
| Income Tax Expense | $17M |
| 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 | $18M |
| EBIT | $69M |
| EBITDA | $87M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $58M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$48M |
| OPERATING CASH FLOW | $35M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$12M |
| Sales/Maturities of Investments | $82M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $52M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | $17M |
| Net Change in Cash | $89M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $306M |
| Short-Term Investments | $306M |
| Net Receivables | $242M |
| Inventory | $336M |
| Other Current Assets | $20M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $248M |
| Goodwill | $199M |
| Intangible Assets | $55M |
| Long-Term Investments | $392M |
| Tax Assets | $62M |
| Other Non-Current Assets | $47M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $34M |
| Short-Term Debt | $0 |
| Deferred Revenue | $15M |
| Other Current Liabilities | $60M |
| TOTAL CURRENT LIABILITIES | $155M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $67M |
| TOTAL NON-CURRENT LIABILITIES | $72M |
| TOTAL LIABILITIES | $227M |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $657M |
| Retained Earnings | $1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$19M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $0 |
| Net Debt | -$306M |
