| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $299M | $301M | $334M | -0.8% | -10.4% |
| Op. Income | $29M | $56M | -$88M | -48.3% | 132.5% |
| Gross Margin | 38.2% | 44.1% | 18.2% | -5.9pp | 20.0pp |
| Net Margin | 13.9% | 18.2% | -27.9% | -4.4pp | 41.7pp |
| EPS (Diluted) | $0.89 | $1.16 | $-1.91 | -23.3% | 146.6% |
| Free Cash Flow | $81M | $60M | $16M | 35.0% | 404.1% |
| Item | Amount |
|---|---|
| REVENUE | $299M |
| Cost of Revenue | $185M |
| GROSS PROFIT | $114M |
| R&D Expenses | $28M |
| Selling & Marketing | $22M |
| General & Administrative | $35M |
| SG&A Expenses | $57M |
| Other Expenses | $511.0K |
| Operating Expenses | $85M |
| Cost & Expenses | $270M |
| OPERATING INCOME | $29M |
| Interest Income | $13M |
| Interest Expense | $0 |
| Other Income/Expenses | $13M |
| INCOME BEFORE TAX | $42M |
| Income Tax Expense | $725.0K |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $17M |
| EBIT | $29M |
| EBITDA | $46M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $299M |
| Cost of Revenue | $185M |
| GROSS PROFIT | $114M |
| R&D Expenses | $28M |
| Selling & Marketing | $22M |
| General & Administrative | $35M |
| SG&A Expenses | $57M |
| Other Expenses | $511.0K |
| Operating Expenses | $85M |
| Cost & Expenses | $270M |
| OPERATING INCOME | $29M |
| Interest Income | $13M |
| Interest Expense | $0 |
| Other Income/Expenses | $13M |
| INCOME BEFORE TAX | $42M |
| Income Tax Expense | $725.0K |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $17M |
| EBIT | $29M |
| EBITDA | $46M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $41M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | $10M |
| Change in Working Capital | $34M |
| OPERATING CASH FLOW | $106M |
| Capital Expenditure | -$25M |
| Acquisitions (Net) | $816.0K |
| Purchases of Investments | -$334M |
| Sales/Maturities of Investments | $284M |
| Other Investing Activities | $112.0K |
| NET CASH FROM INVESTING | -$75M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$64M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$60M |
| FREE CASH FLOW | $81M |
| Net Change in Cash | -$14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $515M |
| Short-Term Investments | $663M |
| Net Receivables | $219M |
| Inventory | $454M |
| Other Current Assets | $38M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $602M |
| Goodwill | $39M |
| Intangible Assets | $26M |
| Long-Term Investments | $0 |
| Tax Assets | $89M |
| Other Non-Current Assets | $28M |
| TOTAL NON-CURRENT ASSETS | $784M |
| TOTAL ASSETS | $2.7B |
| Account Payables | $29M |
| Short-Term Debt | $0 |
| Deferred Revenue | $69M |
| Other Current Liabilities | $80M |
| TOTAL CURRENT LIABILITIES | $215M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $53M |
| TOTAL NON-CURRENT LIABILITIES | $69M |
| TOTAL LIABILITIES | $284M |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $994M |
| Retained Earnings | $2.8B |
| Treasury Stock | -$1.2B |
| Accum. Other Comp. Income | -$213M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $18M |
| Net Debt | -$496M |
