| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $247M | $252M | $238M | -1.9% | 3.8% |
| Op. Income | $18M | $23M | $34M | -21.0% | -45.3% |
| Gross Margin | 31.6% | 34.3% | 38.5% | -2.8pp | -6.9pp |
| Net Margin | 6.0% | 7.1% | 10.5% | -1.1pp | -4.5pp |
| EPS (Diluted) | $0.78 | $0.94 | $1.33 | -17.0% | -41.4% |
| Free Cash Flow | -$20M | -$23M | $18M | 11.5% | -213.2% |
| Item | Amount |
|---|---|
| REVENUE | $247M |
| Cost of Revenue | $169M |
| GROSS PROFIT | $78M |
| R&D Expenses | $9M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $51M |
| Other Expenses | -$205.0K |
| Operating Expenses | $60M |
| Cost & Expenses | $229M |
| OPERATING INCOME | $18M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$803.0K |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $11M |
| EBIT | $18M |
| EBITDA | $30M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $247M |
| Cost of Revenue | $169M |
| GROSS PROFIT | $78M |
| R&D Expenses | $9M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $51M |
| Other Expenses | -$205.0K |
| Operating Expenses | $60M |
| Cost & Expenses | $229M |
| OPERATING INCOME | $18M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$803.0K |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $11M |
| EBIT | $18M |
| EBITDA | $30M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | -$34M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$29M |
| Net Debt Issuance | $30M |
| Common Stock Repurchased | -$128.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $30M |
| FREE CASH FLOW | -$20M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $236M |
| Short-Term Investments | $0 |
| Net Receivables | $208M |
| Inventory | $174M |
| Other Current Assets | $16M |
| TOTAL CURRENT ASSETS | $638M |
| PP&E (Net) | $381M |
| Goodwill | $338M |
| Intangible Assets | $150M |
| Long-Term Investments | $68M |
| Tax Assets | $42M |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $988M |
| TOTAL ASSETS | $1.6B |
| Account Payables | $57M |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $38M |
| TOTAL CURRENT LIABILITIES | $138M |
| Long-Term Debt | $290M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $25M |
| Other Non-Current Liabilities | $78M |
| TOTAL NON-CURRENT LIABILITIES | $398M |
| TOTAL LIABILITIES | $536M |
| Common Stock | $19M |
| Additional Paid-In Capital | $165M |
| Retained Earnings | $1.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$125M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $298M |
| Net Debt | $61M |
