| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $555M | $531M | $490M | 4.6% | 13.1% |
| Op. Income | $90M | $85M | $64M | 6.6% | 40.7% |
| Gross Margin | 69.2% | 68.9% | 67.2% | 0.3pp | 2.0pp |
| Net Margin | 12.8% | 12.4% | 10.3% | 0.5pp | 2.5pp |
| EPS (Diluted) | $1.07 | $0.99 | $0.75 | 8.1% | 42.7% |
| Free Cash Flow | $75M | -$2M | $85M | 3291.3% | -11.6% |
| Item | Amount |
|---|---|
| REVENUE | $555M |
| Cost of Revenue | $171M |
| GROSS PROFIT | $384M |
| R&D Expenses | $74M |
| Selling & Marketing | $159M |
| General & Administrative | $61M |
| SG&A Expenses | $220M |
| Other Expenses | $0 |
| Operating Expenses | $294M |
| Cost & Expenses | $464M |
| OPERATING INCOME | $90M |
| Interest Income | $596.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $596.0K |
| INCOME BEFORE TAX | $91M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $71M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $71M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $71M |
| D&A | $43M |
| EBIT | $90M |
| EBITDA | $133M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $555M |
| Cost of Revenue | $171M |
| GROSS PROFIT | $384M |
| R&D Expenses | $74M |
| Selling & Marketing | $159M |
| General & Administrative | $61M |
| SG&A Expenses | $220M |
| Other Expenses | $0 |
| Operating Expenses | $294M |
| Cost & Expenses | $464M |
| OPERATING INCOME | $90M |
| Interest Income | $596.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $596.0K |
| INCOME BEFORE TAX | $91M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $71M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $71M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $71M |
| D&A | $43M |
| EBIT | $90M |
| EBITDA | $133M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $71M |
| Depreciation & Amortization | $43M |
| Stock-Based Compensation | $42M |
| Deferred Income Tax | -$12M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$54M |
| OPERATING CASH FLOW | $94M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$144M |
| Sales/Maturities of Investments | $141M |
| Other Investing Activities | -$13M |
| NET CASH FROM INVESTING | -$22M |
| Net Debt Issuance | -$18.0K |
| Common Stock Repurchased | -$22M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $151.0K |
| NET CASH FROM FINANCING | -$22M |
| FREE CASH FLOW | $75M |
| Net Change in Cash | $44M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $423M |
| Short-Term Investments | $1.0B |
| Net Receivables | $469M |
| Inventory | $0 |
| Other Current Assets | $119M |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $263M |
| Goodwill | $1.6B |
| Intangible Assets | $211M |
| Long-Term Investments | $0 |
| Tax Assets | $83M |
| Other Non-Current Assets | $246M |
| TOTAL NON-CURRENT ASSETS | $2.4B |
| TOTAL ASSETS | $4.6B |
| Account Payables | $37M |
| Short-Term Debt | $205M |
| Deferred Revenue | $329M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $455M |
| Deferred Revenue NC | $55M |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $17M |
| TOTAL NON-CURRENT LIABILITIES | $632M |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $2.9B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $13M |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $4.6B |
| Total Debt | $775M |
| Net Debt | $352M |
