| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $475M | $432M | $339M | 10.1% | 40.3% |
| Op. Income | $101M | $84M | $40M | 19.8% | 153.6% |
| Gross Margin | 39.8% | 39.3% | 33.3% | 0.5pp | 6.5pp |
| Net Margin | 16.6% | 15.8% | 8.8% | 0.8pp | 7.7pp |
| EPS (Diluted) | $0.25 | $0.19 | $0.10 | 31.3% | 152.9% |
| Free Cash Flow | $0 | $0 | $56M | — | -100.0% |
| Item | Amount |
|---|---|
| REVENUE | $475M |
| Cost of Revenue | $286M |
| GROSS PROFIT | $189M |
| R&D Expenses | $0 |
| Selling & Marketing | $70M |
| General & Administrative | $24M |
| SG&A Expenses | $94M |
| Other Expenses | -$6M |
| Operating Expenses | $88M |
| Cost & Expenses | $374M |
| OPERATING INCOME | $101M |
| Interest Income | $7M |
| Interest Expense | $1M |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $106M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $80M |
| Net Income from Discontinued Ops | $0 |
| NET INCOME | $79M |
| BOTTOM LINE NET INCOME | $79M |
| D&A | $0 |
| EBIT | $108M |
| EBITDA | $108M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $475M |
| Cost of Revenue | $286M |
| GROSS PROFIT | $189M |
| R&D Expenses | $0 |
| Selling & Marketing | $70M |
| General & Administrative | $24M |
| SG&A Expenses | $94M |
| Other Expenses | -$6M |
| Operating Expenses | $88M |
| Cost & Expenses | $374M |
| OPERATING INCOME | $101M |
| Interest Income | $7M |
| Interest Expense | $1M |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $106M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $80M |
| Net Income from Discontinued Ops | $0 |
| NET INCOME | $79M |
| BOTTOM LINE NET INCOME | $79M |
| D&A | $0 |
| EBIT | $108M |
| EBITDA | $108M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $79M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$82M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $948M |
| Short-Term Investments | $115M |
| Net Receivables | $168M |
| Inventory | $212M |
| Other Current Assets | -$24M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $451M |
| Goodwill | $3M |
| Intangible Assets | $4M |
| Long-Term Investments | $25M |
| Tax Assets | $24M |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $518M |
| TOTAL ASSETS | $2.0B |
| Account Payables | $441M |
| Short-Term Debt | $0 |
| Deferred Revenue | $44M |
| Other Current Liabilities | -$35M |
| TOTAL CURRENT LIABILITIES | $568M |
| Long-Term Debt | $1M |
| Deferred Revenue NC | $12M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $94M |
| TOTAL LIABILITIES | $662M |
| Common Stock | $13.9K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $79M |
| Treasury Stock | -$12M |
| Accum. Other Comp. Income | $162M |
| Other Equity | $12M |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $3M |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $130M |
| Net Debt | -$818M |
