| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $540M | $477M | $306M | 13.4% | 76.6% |
| Op. Income | $218M | $211M | $176M | 3.4% | 23.8% |
| Gross Margin | 64.2% | 70.7% | 92.6% | -6.5pp | -28.4pp |
| Net Margin | 31.8% | 35.7% | 44.6% | -3.8pp | -12.8pp |
| EPS (Diluted) | $1.47 | $1.41 | $1.10 | 4.3% | 33.6% |
| Free Cash Flow | $152M | $247M | $156M | -38.7% | -2.6% |
| Item | Amount |
|---|---|
| REVENUE | $540M |
| Cost of Revenue | $193M |
| GROSS PROFIT | $347M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $70M |
| SG&A Expenses | $73M |
| Other Expenses | $56M |
| Operating Expenses | $129M |
| Cost & Expenses | $323M |
| OPERATING INCOME | $218M |
| Interest Income | $508M |
| Interest Expense | $152M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $218M |
| Income Tax Expense | $46M |
| Net Income from Continuing Ops | $172M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $172M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $168M |
| D&A | $17M |
| EBIT | $218M |
| EBITDA | $235M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $540M |
| Cost of Revenue | $193M |
| GROSS PROFIT | $347M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $70M |
| SG&A Expenses | $73M |
| Other Expenses | $56M |
| Operating Expenses | $129M |
| Cost & Expenses | $323M |
| OPERATING INCOME | $218M |
| Interest Income | $508M |
| Interest Expense | $152M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $218M |
| Income Tax Expense | $46M |
| Net Income from Continuing Ops | $172M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $172M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $168M |
| D&A | $17M |
| EBIT | $218M |
| EBITDA | $235M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $172M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $33M |
| Other Non-Cash Items | $35M |
| Change in Working Capital | -$107M |
| OPERATING CASH FLOW | $155M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | -$29M |
| Purchases of Investments | -$27M |
| Sales/Maturities of Investments | $158M |
| Other Investing Activities | -$1.5B |
| NET CASH FROM INVESTING | -$1.4B |
| Net Debt Issuance | $110M |
| Common Stock Repurchased | -$66M |
| Common Dividends Paid | -$40M |
| Other Financing Activities | $1.7B |
| NET CASH FROM FINANCING | $1.7B |
| FREE CASH FLOW | $152M |
| Net Change in Cash | $415M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $3.3B |
| Net Receivables | $145M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.9B |
| PP&E (Net) | $670M |
| Goodwill | $661M |
| Intangible Assets | $377.0K |
| Long-Term Investments | $23.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $25.9B |
| TOTAL ASSETS | $30.8B |
| Account Payables | $230M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $24.0B |
| TOTAL CURRENT LIABILITIES | $24.2B |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $164M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $26.0B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $3.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$159M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.8B |
| Minority Interest | $1M |
| TOTAL EQUITY | $4.8B |
| TOTAL LIABILITIES & EQUITY | $30.8B |
| Total Debt | $1.6B |
| Net Debt | $119M |
