| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $301M | $302M | $242M | -0.3% | 24.4% |
| Op. Income | $66M | $52M | $32M | 27.3% | 104.6% |
| Gross Margin | 84.9% | 83.7% | 81.8% | 1.2pp | 3.1pp |
| Net Margin | 14.8% | 7.7% | 2.6% | 7.1pp | 12.2pp |
| EPS (Diluted) | $0.11 | $0.06 | $0.02 | 83.3% | 450.0% |
| Free Cash Flow | $102M | $114M | $98M | -10.1% | 3.9% |
| Item | Amount |
|---|---|
| REVENUE | $301M |
| Cost of Revenue | $46M |
| GROSS PROFIT | $255M |
| R&D Expenses | $42M |
| Selling & Marketing | $103M |
| General & Administrative | $38M |
| SG&A Expenses | $141M |
| Other Expenses | $6M |
| Operating Expenses | $189M |
| Cost & Expenses | $234M |
| OPERATING INCOME | $66M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $68M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $21M |
| EBIT | $78M |
| EBITDA | $99M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $301M |
| Cost of Revenue | $46M |
| GROSS PROFIT | $255M |
| R&D Expenses | $42M |
| Selling & Marketing | $103M |
| General & Administrative | $38M |
| SG&A Expenses | $141M |
| Other Expenses | $6M |
| Operating Expenses | $189M |
| Cost & Expenses | $234M |
| OPERATING INCOME | $66M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $68M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $21M |
| EBIT | $78M |
| EBITDA | $99M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $45M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $38M |
| Deferred Income Tax | $18M |
| Other Non-Cash Items | $28M |
| Change in Working Capital | -$40M |
| OPERATING CASH FLOW | $109M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $6M |
| Purchases of Investments | -$64M |
| Sales/Maturities of Investments | $50M |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$22M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$29M |
| FREE CASH FLOW | $102M |
| Net Change in Cash | $60M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $474M |
| Short-Term Investments | $142M |
| Net Receivables | $229M |
| Inventory | $0 |
| Other Current Assets | $60M |
| TOTAL CURRENT ASSETS | $905M |
| PP&E (Net) | $114M |
| Goodwill | $1.7B |
| Intangible Assets | $380M |
| Long-Term Investments | $0 |
| Tax Assets | $4.0B |
| Other Non-Current Assets | $121M |
| TOTAL NON-CURRENT ASSETS | $6.3B |
| TOTAL ASSETS | $7.2B |
| Account Payables | $26M |
| Short-Term Debt | $6M |
| Deferred Revenue | $449M |
| Other Current Liabilities | $44M |
| TOTAL CURRENT LIABILITIES | $617M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $2.9B |
| TOTAL NON-CURRENT LIABILITIES | $4.2B |
| TOTAL LIABILITIES | $4.8B |
| Common Stock | $4M |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | $221M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $33M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $7.2B |
| Total Debt | $1.3B |
| Net Debt | $837M |
