| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $382M | $365M | $213M | 4.6% | 79.2% |
| Op. Income | $96M | $123M | -$7M | -21.8% | 1565.2% |
| Gross Margin | 26.4% | 34.3% | -6.5% | -7.9pp | 32.9pp |
| Net Margin | 20.3% | 27.1% | -1.1% | -6.7pp | 21.4pp |
| EPS (Diluted) | $0.84 | $1.07 | $-0.02 | -21.4% | 3521.1% |
| Free Cash Flow | $173M | $68M | $131M | 154.4% | 32.4% |
| Item | Amount |
|---|---|
| REVENUE | $382M |
| Cost of Revenue | $281M |
| GROSS PROFIT | $101M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $533.0K |
| Operating Expenses | $5M |
| Cost & Expenses | $286M |
| OPERATING INCOME | $96M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $96M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $78M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $78M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $78M |
| D&A | $0 |
| EBIT | $98M |
| EBITDA | $98M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $382M |
| Cost of Revenue | $281M |
| GROSS PROFIT | $101M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $533.0K |
| Operating Expenses | $5M |
| Cost & Expenses | $286M |
| OPERATING INCOME | $96M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $96M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $78M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $78M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $78M |
| D&A | $0 |
| EBIT | $98M |
| EBITDA | $98M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $78M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $95M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $174M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$360M |
| Sales/Maturities of Investments | $194M |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$168M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$12M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$12M |
| FREE CASH FLOW | $173M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $17M |
| Short-Term Investments | $3.0B |
| Net Receivables | $950M |
| Inventory | $0 |
| Other Current Assets | -$4.0B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $48M |
| Goodwill | $46M |
| Intangible Assets | $8M |
| Long-Term Investments | $3.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$3.7B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $5.1B |
| Account Payables | $36M |
| Short-Term Debt | $200M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$311M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $3.7B |
| Common Stock | $685.0K |
| Additional Paid-In Capital | $358M |
| Retained Earnings | $1.6B |
| Treasury Stock | -$406M |
| Accum. Other Comp. Income | -$211M |
| Other Equity | $13M |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $5.1B |
| Total Debt | $200M |
| Net Debt | $183M |
