| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $347M | $334M | $370M | 4.1% | -6.2% |
| Op. Income | $75M | -$88M | $93M | 185.2% | -19.0% |
| Gross Margin | 42.3% | 18.2% | 46.4% | 24.1pp | -4.1pp |
| Net Margin | 17.3% | -27.9% | 18.8% | 45.2pp | -1.5pp |
| EPS (Diluted) | $1.26 | $-1.91 | $1.31 | 166.0% | -3.8% |
| Free Cash Flow | $4M | $16M | -$9M | -75.8% | 144.3% |
| Item | Amount |
|---|---|
| REVENUE | $347M |
| Cost of Revenue | $200M |
| GROSS PROFIT | $147M |
| R&D Expenses | $23M |
| Selling & Marketing | $21M |
| General & Administrative | $30M |
| SG&A Expenses | $51M |
| Other Expenses | -$2M |
| Operating Expenses | $72M |
| Cost & Expenses | $272M |
| OPERATING INCOME | $75M |
| Interest Income | $8M |
| Interest Expense | $0 |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $83M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $60M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $60M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $60M |
| D&A | $18M |
| EBIT | $73M |
| EBITDA | $91M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $347M |
| Cost of Revenue | $200M |
| GROSS PROFIT | $147M |
| R&D Expenses | $23M |
| Selling & Marketing | $21M |
| General & Administrative | $30M |
| SG&A Expenses | $51M |
| Other Expenses | -$2M |
| Operating Expenses | $72M |
| Cost & Expenses | $272M |
| OPERATING INCOME | $75M |
| Interest Income | $8M |
| Interest Expense | $0 |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $83M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $60M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $60M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $60M |
| D&A | $18M |
| EBIT | $73M |
| EBITDA | $91M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $60M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $16M |
| Other Non-Cash Items | $11M |
| Change in Working Capital | -$78M |
| OPERATING CASH FLOW | $37M |
| Capital Expenditure | -$33M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | -$344M |
| Sales/Maturities of Investments | $279M |
| Other Investing Activities | $107.0K |
| NET CASH FROM INVESTING | -$96M |
| Net Debt Issuance | -$298.0K |
| Common Stock Repurchased | -$113M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$117M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | -$177M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $521M |
| Short-Term Investments | $548M |
| Net Receivables | $237M |
| Inventory | $506M |
| Other Current Assets | $56M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $594M |
| Goodwill | $38M |
| Intangible Assets | $32M |
| Long-Term Investments | $0 |
| Tax Assets | $59M |
| Other Non-Current Assets | $32M |
| TOTAL NON-CURRENT ASSETS | $756M |
| TOTAL ASSETS | $2.7B |
| Account Payables | $41M |
| Short-Term Debt | $16M |
| Deferred Revenue | $83M |
| Other Current Liabilities | $73M |
| TOTAL CURRENT LIABILITIES | $250M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $66M |
| TOTAL NON-CURRENT LIABILITIES | $83M |
| TOTAL LIABILITIES | $333M |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $957M |
| Retained Earnings | $2.6B |
| Treasury Stock | -$1.1B |
| Accum. Other Comp. Income | -$204M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $37M |
| Net Debt | -$484M |
