| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $260M | $240M | $240M | 8.3% | 8.1% |
| Op. Income | $36M | $25M | $40M | 45.5% | -11.8% |
| Gross Margin | 53.3% | 51.2% | 50.0% | 2.1pp | 3.3pp |
| Net Margin | 8.9% | 6.2% | 13.3% | 2.8pp | -4.3pp |
| EPS (Diluted) | $0.45 | $0.29 | $0.62 | 55.2% | -27.4% |
| Free Cash Flow | $36M | $23M | $57M | 57.9% | -37.2% |
| Item | Amount |
|---|---|
| REVENUE | $260M |
| Cost of Revenue | $121M |
| GROSS PROFIT | $138M |
| R&D Expenses | $10M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $93M |
| Operating Expenses | $103M |
| Cost & Expenses | $224M |
| OPERATING INCOME | $36M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $31M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $24M |
| EBIT | $36M |
| EBITDA | $60M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $260M |
| Cost of Revenue | $121M |
| GROSS PROFIT | $138M |
| R&D Expenses | $10M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $93M |
| Operating Expenses | $103M |
| Cost & Expenses | $224M |
| OPERATING INCOME | $36M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $31M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $24M |
| EBIT | $36M |
| EBITDA | $60M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $62M |
| Capital Expenditure | -$27M |
| Acquisitions (Net) | $11M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$14.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $36M |
| Net Change in Cash | $44M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $237M |
| Short-Term Investments | $0 |
| Net Receivables | $155M |
| Inventory | $306M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $729M |
| PP&E (Net) | $239M |
| Goodwill | $468M |
| Intangible Assets | $324M |
| Long-Term Investments | $0 |
| Tax Assets | $6M |
| Other Non-Current Assets | $65M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $51M |
| Short-Term Debt | $144M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $121M |
| TOTAL CURRENT LIABILITIES | $355M |
| Long-Term Debt | $633M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $26M |
| Other Non-Current Liabilities | $86M |
| TOTAL NON-CURRENT LIABILITIES | $745M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $511.0K |
| Additional Paid-In Capital | $567M |
| Retained Earnings | $193M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$29M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $731M |
| Minority Interest | $0 |
| TOTAL EQUITY | $731M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $777M |
| Net Debt | $540M |
