| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $505M | $480M | $470M | 5.2% | 7.3% |
| Op. Income | $42M | $25M | $54M | 70.2% | -22.6% |
| Gross Margin | 57.1% | 54.4% | 58.0% | 2.7pp | -0.9pp |
| Net Margin | 7.2% | -1.6% | 6.4% | 8.7pp | 0.8pp |
| EPS (Diluted) | $0.84 | $-0.15 | $0.70 | 660.0% | 20.0% |
| Free Cash Flow | -$6M | -$6M | $37M | 4.9% | -115.7% |
| Item | Amount |
|---|---|
| REVENUE | $505M |
| Cost of Revenue | $216M |
| GROSS PROFIT | $288M |
| R&D Expenses | $0 |
| Selling & Marketing | $110M |
| General & Administrative | $90M |
| SG&A Expenses | $200M |
| Other Expenses | $47M |
| Operating Expenses | $247M |
| Cost & Expenses | $463M |
| OPERATING INCOME | $42M |
| Interest Income | $2M |
| Interest Expense | $16M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | -$6M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $47M |
| EBIT | $48M |
| EBITDA | $95M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $505M |
| Cost of Revenue | $216M |
| GROSS PROFIT | $288M |
| R&D Expenses | $0 |
| Selling & Marketing | $110M |
| General & Administrative | $90M |
| SG&A Expenses | $200M |
| Other Expenses | $47M |
| Operating Expenses | $247M |
| Cost & Expenses | $463M |
| OPERATING INCOME | $42M |
| Interest Income | $2M |
| Interest Expense | $16M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | -$6M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $47M |
| EBIT | $48M |
| EBITDA | $95M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $36M |
| Depreciation & Amortization | $47M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | -$600.0K |
| Change in Working Capital | -$64M |
| OPERATING CASH FLOW | $25M |
| Capital Expenditure | -$30M |
| Acquisitions (Net) | -$800.0K |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $6M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$27M |
| Net Debt Issuance | $22M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$16M |
| Other Financing Activities | -$11M |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $343M |
| Short-Term Investments | $35M |
| Net Receivables | $337M |
| Inventory | $0 |
| Other Current Assets | $46M |
| TOTAL CURRENT ASSETS | $807M |
| PP&E (Net) | $379M |
| Goodwill | $1.6B |
| Intangible Assets | $519M |
| Long-Term Investments | $115M |
| Tax Assets | $12M |
| Other Non-Current Assets | $42M |
| TOTAL NON-CURRENT ASSETS | $2.7B |
| TOTAL ASSETS | $3.5B |
| Account Payables | $0 |
| Short-Term Debt | $32M |
| Deferred Revenue | $506M |
| Other Current Liabilities | $240M |
| TOTAL CURRENT LIABILITIES | $815M |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $30M |
| Deferred Tax Liabilities | $58M |
| Other Non-Current Liabilities | $38M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $0 |
| Additional Paid-In Capital | $775M |
| Retained Earnings | $1.5B |
| Treasury Stock | -$987M |
| Accum. Other Comp. Income | -$84M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $3.5B |
| Total Debt | $1.4B |
| Net Debt | $1.0B |
