| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $257M | $211M | $208M | 21.9% | 23.5% |
| Op. Income | $22M | $18M | $26M | 19.9% | -17.6% |
| Gross Margin | 41.1% | 42.1% | 44.9% | -1.0pp | -3.7pp |
| Net Margin | 6.1% | 6.0% | 11.3% | 0.1pp | -5.2pp |
| EPS (Diluted) | $0.28 | $0.23 | $0.43 | 21.7% | -34.9% |
| Free Cash Flow | $13M | $10M | $19M | 30.2% | -31.1% |
| Item | Amount |
|---|---|
| REVENUE | $257M |
| Cost of Revenue | $151M |
| GROSS PROFIT | $106M |
| R&D Expenses | $30M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $38M |
| Other Expenses | $15M |
| Operating Expenses | $84M |
| Cost & Expenses | $235M |
| OPERATING INCOME | $22M |
| Interest Income | $34.0K |
| Interest Expense | $549.0K |
| Other Income/Expenses | -$715.0K |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $20M |
| EBIT | $22M |
| EBITDA | $42M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $257M |
| Cost of Revenue | $151M |
| GROSS PROFIT | $106M |
| R&D Expenses | $30M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $38M |
| Other Expenses | $15M |
| Operating Expenses | $84M |
| Cost & Expenses | $235M |
| OPERATING INCOME | $22M |
| Interest Income | $34.0K |
| Interest Expense | $549.0K |
| Other Income/Expenses | -$715.0K |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $20M |
| EBIT | $22M |
| EBITDA | $42M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $16M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $877.0K |
| Change in Working Capital | -$18M |
| OPERATING CASH FLOW | $23M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | -$62M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$72M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $11.0K |
| NET CASH FROM FINANCING | $11.0K |
| FREE CASH FLOW | $13M |
| Net Change in Cash | -$49M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $122M |
| Short-Term Investments | $0 |
| Net Receivables | $264M |
| Inventory | $227M |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $627M |
| PP&E (Net) | $194M |
| Goodwill | $783M |
| Intangible Assets | $295M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $1.9B |
| Account Payables | $57M |
| Short-Term Debt | $0 |
| Deferred Revenue | $33M |
| Other Current Liabilities | $43M |
| TOTAL CURRENT LIABILITIES | $163M |
| Long-Term Debt | $160M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $37M |
| Other Non-Current Liabilities | $19M |
| TOTAL NON-CURRENT LIABILITIES | $287M |
| TOTAL LIABILITIES | $449M |
| Common Stock | $552.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $357M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $231M |
| Net Debt | $109M |
