| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $245M | $246M | $239M | -0.4% | 2.5% |
| Op. Income | $23M | $16M | -$1M | 43.8% | 2400.0% |
| Gross Margin | 75.9% | 74.8% | 74.9% | 1.1pp | 1.0pp |
| Net Margin | 102.9% | 28.0% | 194.6% | 74.8pp | -91.7pp |
| EPS (Diluted) | $1.71 | $0.47 | $2.87 | 263.8% | -40.4% |
| Free Cash Flow | -$139M | -$13M | -$118M | -969.2% | -17.8% |
| Item | Amount |
|---|---|
| REVENUE | $245M |
| Cost of Revenue | $59M |
| GROSS PROFIT | $186M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $107M |
| Other Expenses | $56M |
| Operating Expenses | $163M |
| Cost & Expenses | $222M |
| OPERATING INCOME | $23M |
| Interest Income | $0 |
| Interest Expense | $52M |
| Other Income/Expenses | $303M |
| INCOME BEFORE TAX | $326M |
| Income Tax Expense | $74M |
| Net Income from Continuing Ops | $252M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $252M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $252M |
| D&A | $56M |
| EBIT | $23M |
| EBITDA | $79M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $245M |
| Cost of Revenue | $59M |
| GROSS PROFIT | $186M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $107M |
| Other Expenses | $56M |
| Operating Expenses | $163M |
| Cost & Expenses | $222M |
| OPERATING INCOME | $23M |
| Interest Income | $0 |
| Interest Expense | $52M |
| Other Income/Expenses | $303M |
| INCOME BEFORE TAX | $326M |
| Income Tax Expense | $74M |
| Net Income from Continuing Ops | $252M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $252M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $252M |
| D&A | $56M |
| EBIT | $23M |
| EBITDA | $79M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $252M |
| Depreciation & Amortization | $56M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $73M |
| Other Non-Cash Items | -$354M |
| Change in Working Capital | -$131M |
| OPERATING CASH FLOW | -$96M |
| Capital Expenditure | -$43M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$26M |
| NET CASH FROM INVESTING | -$69M |
| Net Debt Issuance | $74M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $74M |
| FREE CASH FLOW | -$139M |
| Net Change in Cash | -$91M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $81M |
| Short-Term Investments | $0 |
| Net Receivables | $183M |
| Inventory | $0 |
| Other Current Assets | $129M |
| TOTAL CURRENT ASSETS | $393M |
| PP&E (Net) | $1.0B |
| Goodwill | $755M |
| Intangible Assets | $1.1B |
| Long-Term Investments | $11.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $253M |
| TOTAL NON-CURRENT ASSETS | $15.0B |
| TOTAL ASSETS | $15.4B |
| Account Payables | $0 |
| Short-Term Debt | $5M |
| Deferred Revenue | $24M |
| Other Current Liabilities | $165M |
| TOTAL CURRENT LIABILITIES | $194M |
| Long-Term Debt | $3.7B |
| Deferred Revenue NC | $63M |
| Deferred Tax Liabilities | $2.1B |
| Other Non-Current Liabilities | $354M |
| TOTAL NON-CURRENT LIABILITIES | $6.4B |
| TOTAL LIABILITIES | $6.6B |
| Common Stock | $1M |
| Additional Paid-In Capital | $3.3B |
| Retained Earnings | $5.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $56M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.8B |
| Minority Interest | $20M |
| TOTAL EQUITY | $8.8B |
| TOTAL LIABILITIES & EQUITY | $15.4B |
| Total Debt | $3.8B |
| Net Debt | $3.7B |
