| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $290M | $309M | $378M | -6.0% | -23.3% |
| Op. Income | $13M | $22M | $32M | -39.9% | -59.8% |
| Gross Margin | 29.9% | 30.2% | 30.0% | -0.3pp | -0.1pp |
| Net Margin | 3.3% | 5.8% | 6.8% | -2.5pp | -3.5pp |
| EPS (Diluted) | $0.31 | $0.57 | $0.83 | -45.6% | -62.7% |
| Free Cash Flow | -$19M | -$8M | $40M | -136.4% | -147.9% |
| Item | Amount |
|---|---|
| REVENUE | $290M |
| Cost of Revenue | $203M |
| GROSS PROFIT | $87M |
| R&D Expenses | $23M |
| Selling & Marketing | $36M |
| General & Administrative | $14M |
| SG&A Expenses | $50M |
| Other Expenses | -$132.0K |
| Operating Expenses | $74M |
| Cost & Expenses | $277M |
| OPERATING INCOME | $13M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$132.0K |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $3M |
| EBIT | $13M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $290M |
| Cost of Revenue | $203M |
| GROSS PROFIT | $87M |
| R&D Expenses | $23M |
| Selling & Marketing | $36M |
| General & Administrative | $14M |
| SG&A Expenses | $50M |
| Other Expenses | -$132.0K |
| Operating Expenses | $74M |
| Cost & Expenses | $277M |
| OPERATING INCOME | $13M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$132.0K |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $3M |
| EBIT | $13M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $956.0K |
| Change in Working Capital | -$35M |
| OPERATING CASH FLOW | -$17M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$195.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $7.0K |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$30M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$26M |
| FREE CASH FLOW | -$19M |
| Net Change in Cash | -$46M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $283M |
| Short-Term Investments | $9M |
| Net Receivables | $267M |
| Inventory | $305M |
| Other Current Assets | $36M |
| TOTAL CURRENT ASSETS | $900M |
| PP&E (Net) | $40M |
| Goodwill | $81M |
| Intangible Assets | $2M |
| Long-Term Investments | $8M |
| Tax Assets | $63M |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $199M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $75M |
| Short-Term Debt | $0 |
| Deferred Revenue | $16M |
| Other Current Liabilities | $221M |
| TOTAL CURRENT LIABILITIES | $345M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | -$3M |
| Other Non-Current Liabilities | $24M |
| TOTAL NON-CURRENT LIABILITIES | $45M |
| TOTAL LIABILITIES | $390M |
| Common Stock | $30.0K |
| Additional Paid-In Capital | $917M |
| Retained Earnings | -$208M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $11.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $709M |
| Minority Interest | $0 |
| TOTAL EQUITY | $709M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $30M |
| Net Debt | -$254M |
