| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.2B | — | -9.7% | — |
| Op. Income | $192M | $163M | — | 17.9% | — |
| Gross Margin | 59.3% | 61.0% | — | -1.7pp | — |
| Net Margin | 12.5% | 7.9% | — | 4.7pp | — |
| EPS (Diluted) | $0.84 | $0.34 | — | 142.4% | — |
| Free Cash Flow | $288M | $480M | — | -40.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $458M |
| GROSS PROFIT | $667M |
| R&D Expenses | $0 |
| Selling & Marketing | $371M |
| General & Administrative | $72M |
| SG&A Expenses | $443M |
| Other Expenses | $31M |
| Operating Expenses | $475M |
| Cost & Expenses | $932M |
| OPERATING INCOME | $192M |
| Interest Income | $492M |
| Interest Expense | $20M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $192M |
| Income Tax Expense | $45M |
| Net Income from Continuing Ops | $147M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $141M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $141M |
| D&A | $0 |
| EBIT | $192M |
| EBITDA | $192M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $458M |
| GROSS PROFIT | $667M |
| R&D Expenses | $0 |
| Selling & Marketing | $371M |
| General & Administrative | $72M |
| SG&A Expenses | $443M |
| Other Expenses | $31M |
| Operating Expenses | $475M |
| Cost & Expenses | $932M |
| OPERATING INCOME | $192M |
| Interest Income | $492M |
| Interest Expense | $20M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $192M |
| Income Tax Expense | $45M |
| Net Income from Continuing Ops | $147M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $141M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $141M |
| D&A | $0 |
| EBIT | $192M |
| EBITDA | $192M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $141M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $150M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $291M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$46M |
| NET CASH FROM INVESTING | -$50M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$115M |
| Other Financing Activities | -$1.2B |
| NET CASH FROM FINANCING | -$1.3B |
| FREE CASH FLOW | $288M |
| Net Change in Cash | -$993M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.9B |
| Short-Term Investments | $0 |
| Net Receivables | $1.5B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $8.4B |
| PP&E (Net) | $118M |
| Goodwill | $1.3B |
| Intangible Assets | $128M |
| Long-Term Investments | $27.6B |
| Tax Assets | $729M |
| Other Non-Current Assets | $2.8B |
| TOTAL NON-CURRENT ASSETS | $32.6B |
| TOTAL ASSETS | $41.0B |
| Account Payables | $16M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $39M |
| TOTAL CURRENT LIABILITIES | $54M |
| Long-Term Debt | $6.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $95M |
| Other Non-Current Liabilities | $20.1B |
| TOTAL NON-CURRENT LIABILITIES | $27.1B |
| TOTAL LIABILITIES | $27.2B |
| Common Stock | $11.0K |
| Additional Paid-In Capital | $4.6B |
| Retained Earnings | $9.7B |
| Treasury Stock | -$824M |
| Accum. Other Comp. Income | $210M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13.6B |
| Minority Interest | $218M |
| TOTAL EQUITY | $13.9B |
| TOTAL LIABILITIES & EQUITY | $41.0B |
| Total Debt | $7.0B |
| Net Debt | $54M |
