| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $256M | $241M | $193M | 6.2% | 32.5% |
| Op. Income | $57M | $59M | $36M | -2.2% | 59.8% |
| Gross Margin | 51.5% | 54.3% | 54.5% | -2.7pp | -3.0pp |
| Net Margin | 20.1% | 22.1% | 18.1% | -2.0pp | 2.0pp |
| EPS (Diluted) | $1.03 | $1.07 | $0.71 | -3.7% | 45.1% |
| Free Cash Flow | $6M | $43M | $20M | -87.1% | -72.0% |
| Item | Amount |
|---|---|
| REVENUE | $256M |
| Cost of Revenue | $124M |
| GROSS PROFIT | $132M |
| R&D Expenses | $26M |
| Selling & Marketing | $17M |
| General & Administrative | $18M |
| SG&A Expenses | $35M |
| Other Expenses | $14M |
| Operating Expenses | $75M |
| Cost & Expenses | $199M |
| OPERATING INCOME | $57M |
| Interest Income | $661.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$198.0K |
| INCOME BEFORE TAX | $57M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $52M |
| D&A | $16M |
| EBIT | $57M |
| EBITDA | $74M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $256M |
| Cost of Revenue | $124M |
| GROSS PROFIT | $132M |
| R&D Expenses | $26M |
| Selling & Marketing | $17M |
| General & Administrative | $18M |
| SG&A Expenses | $35M |
| Other Expenses | $14M |
| Operating Expenses | $75M |
| Cost & Expenses | $199M |
| OPERATING INCOME | $57M |
| Interest Income | $661.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$198.0K |
| INCOME BEFORE TAX | $57M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $52M |
| D&A | $16M |
| EBIT | $57M |
| EBITDA | $74M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $52M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$62M |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$77M |
| Sales/Maturities of Investments | $82M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $94.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $180M |
| Short-Term Investments | $365M |
| Net Receivables | $235M |
| Inventory | $281M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $101M |
| Goodwill | $316M |
| Intangible Assets | $250M |
| Long-Term Investments | $0 |
| Tax Assets | $4M |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $676M |
| TOTAL ASSETS | $1.8B |
| Account Payables | $72M |
| Short-Term Debt | $0 |
| Deferred Revenue | $50M |
| Other Current Liabilities | $18M |
| TOTAL CURRENT LIABILITIES | $177M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $25M |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $57M |
| TOTAL LIABILITIES | $234M |
| Common Stock | $50.0K |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $273M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $20M |
| Net Debt | -$161M |
