| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $270M | $228M | $262M | 18.2% | 2.8% |
| Op. Income | $64M | $21M | $55M | 197.9% | 15.0% |
| Gross Margin | 78.9% | 74.7% | 76.9% | 4.2pp | 2.0pp |
| Net Margin | 19.5% | 7.6% | 18.2% | 11.9pp | 1.3pp |
| EPS (Diluted) | $0.72 | $0.24 | $0.64 | 200.0% | 12.5% |
| Free Cash Flow | $43M | $7M | $90M | 506.2% | -52.2% |
| Item | Amount |
|---|---|
| REVENUE | $270M |
| Cost of Revenue | $57M |
| GROSS PROFIT | $213M |
| R&D Expenses | $43M |
| Selling & Marketing | $67M |
| General & Administrative | $26M |
| SG&A Expenses | $93M |
| Other Expenses | $14M |
| Operating Expenses | $149M |
| Cost & Expenses | $206M |
| OPERATING INCOME | $64M |
| Interest Income | $1M |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $61M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $53M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $53M |
| D&A | $21M |
| EBIT | $63M |
| EBITDA | $85M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $270M |
| Cost of Revenue | $57M |
| GROSS PROFIT | $213M |
| R&D Expenses | $43M |
| Selling & Marketing | $67M |
| General & Administrative | $26M |
| SG&A Expenses | $93M |
| Other Expenses | $14M |
| Operating Expenses | $149M |
| Cost & Expenses | $206M |
| OPERATING INCOME | $64M |
| Interest Income | $1M |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $61M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $53M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $53M |
| D&A | $21M |
| EBIT | $63M |
| EBITDA | $85M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $53M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | -$32M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | $46M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$39M |
| Sales/Maturities of Investments | $22M |
| Other Investing Activities | -$9.0K |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$180.0K |
| NET CASH FROM FINANCING | -$180.0K |
| FREE CASH FLOW | $43M |
| Net Change in Cash | $32M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $352M |
| Short-Term Investments | $57M |
| Net Receivables | $216M |
| Inventory | $18M |
| Other Current Assets | $30M |
| TOTAL CURRENT ASSETS | $682M |
| PP&E (Net) | $89M |
| Goodwill | $1.7B |
| Intangible Assets | $382M |
| Long-Term Investments | $7M |
| Tax Assets | $7M |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $2.9B |
| Account Payables | $15M |
| Short-Term Debt | $11M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $340M |
| TOTAL CURRENT LIABILITIES | $440M |
| Long-Term Debt | $250M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $40M |
| Other Non-Current Liabilities | $120M |
| TOTAL NON-CURRENT LIABILITIES | $459M |
| TOTAL LIABILITIES | $899M |
| Common Stock | $128.0K |
| Additional Paid-In Capital | $3.1B |
| Retained Earnings | $473M |
| Treasury Stock | -$1.5B |
| Accum. Other Comp. Income | -$353.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $2.9B |
| Total Debt | $310M |
| Net Debt | -$42M |
