| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $348M | $331M | $296M | 5.0% | 17.4% |
| Op. Income | $18M | $12M | $29M | 47.9% | -37.2% |
| Gross Margin | 45.7% | 47.7% | 49.5% | -2.0pp | -3.8pp |
| Net Margin | 4.8% | 2.7% | 9.9% | 2.1pp | -5.1pp |
| EPS (Diluted) | $0.37 | $0.20 | $0.61 | 85.0% | -39.3% |
| Free Cash Flow | $8M | -$19M | $36M | 143.9% | -76.7% |
| Item | Amount |
|---|---|
| REVENUE | $348M |
| Cost of Revenue | $189M |
| GROSS PROFIT | $159M |
| R&D Expenses | $25M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $115M |
| Other Expenses | $0 |
| Operating Expenses | $141M |
| Cost & Expenses | $330M |
| OPERATING INCOME | $18M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $543.0K |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $25M |
| EBIT | $18M |
| EBITDA | $43M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $348M |
| Cost of Revenue | $189M |
| GROSS PROFIT | $159M |
| R&D Expenses | $25M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $115M |
| Other Expenses | $0 |
| Operating Expenses | $141M |
| Cost & Expenses | $330M |
| OPERATING INCOME | $18M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $543.0K |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $25M |
| EBIT | $18M |
| EBITDA | $43M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$32M |
| OPERATING CASH FLOW | $21M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | $9M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | $15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $266M |
| Short-Term Investments | $13M |
| Net Receivables | $354M |
| Inventory | $147M |
| Other Current Assets | $42M |
| TOTAL CURRENT ASSETS | $849M |
| PP&E (Net) | $132M |
| Goodwill | $731M |
| Intangible Assets | $336M |
| Long-Term Investments | $34M |
| Tax Assets | $17M |
| Other Non-Current Assets | $80M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $74M |
| Short-Term Debt | $0 |
| Deferred Revenue | $159M |
| Other Current Liabilities | $43M |
| TOTAL CURRENT LIABILITIES | $377M |
| Long-Term Debt | $566M |
| Deferred Revenue NC | $35M |
| Deferred Tax Liabilities | $16M |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $668M |
| TOTAL LIABILITIES | $1.0B |
| Common Stock | $55.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | $419M |
| Treasury Stock | -$290M |
| Accum. Other Comp. Income | -$24M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $618M |
| Net Debt | $352M |
