| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $254M | $264M | $230M | -3.6% | 10.6% |
| Op. Income | $60M | $68M | $53M | -11.9% | 12.0% |
| Gross Margin | 74.2% | 74.0% | 74.5% | 0.2pp | -0.3pp |
| Net Margin | 18.7% | 20.7% | 20.6% | -2.0pp | -1.9pp |
| EPS (Diluted) | $0.47 | $0.53 | $0.45 | -11.3% | 4.4% |
| Free Cash Flow | $21M | $13M | $59M | 59.5% | -64.8% |
| Item | Amount |
|---|---|
| REVENUE | $254M |
| Cost of Revenue | $65M |
| GROSS PROFIT | $189M |
| R&D Expenses | $19M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $107M |
| Other Expenses | $4M |
| Operating Expenses | $129M |
| Cost & Expenses | $194M |
| OPERATING INCOME | $60M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $61M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $47M |
| D&A | $18M |
| EBIT | $59M |
| EBITDA | $77M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $254M |
| Cost of Revenue | $65M |
| GROSS PROFIT | $189M |
| R&D Expenses | $19M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $107M |
| Other Expenses | $4M |
| Operating Expenses | $129M |
| Cost & Expenses | $194M |
| OPERATING INCOME | $60M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $61M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $47M |
| D&A | $18M |
| EBIT | $59M |
| EBITDA | $77M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $47M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$33M |
| OPERATING CASH FLOW | $33M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$143M |
| Sales/Maturities of Investments | $92M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$63M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $13M |
| NET CASH FROM FINANCING | $13M |
| FREE CASH FLOW | $21M |
| Net Change in Cash | -$17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $134M |
| Short-Term Investments | $271M |
| Net Receivables | $209M |
| Inventory | $282M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $920M |
| PP&E (Net) | $236M |
| Goodwill | $182M |
| Intangible Assets | $54M |
| Long-Term Investments | $504M |
| Tax Assets | $45M |
| Other Non-Current Assets | $36M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $2.0B |
| Account Payables | $32M |
| Short-Term Debt | $0 |
| Deferred Revenue | $12M |
| Other Current Liabilities | $60M |
| TOTAL CURRENT LIABILITIES | $145M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $66M |
| TOTAL NON-CURRENT LIABILITIES | $67M |
| TOTAL LIABILITIES | $212M |
| Common Stock | $99.0K |
| Additional Paid-In Capital | $606M |
| Retained Earnings | $1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$32M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $0 |
| Net Debt | -$134M |
