| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $655M | $552M | $405M | 18.7% | 61.6% |
| Op. Income | $51M | $41M | $44M | 23.9% | 15.3% |
| Gross Margin | 27.3% | 29.1% | 34.5% | -1.8pp | -7.2pp |
| Net Margin | 5.1% | 7.4% | 7.4% | -2.4pp | -2.4pp |
| EPS (Diluted) | $0.59 | $0.74 | $0.55 | -20.3% | 7.3% |
| Free Cash Flow | -$206M | $34M | -$462.0K | -698.4% | -44531.8% |
| Item | Amount |
|---|---|
| REVENUE | $655M |
| Cost of Revenue | $476M |
| GROSS PROFIT | $179M |
| R&D Expenses | $66M |
| Selling & Marketing | $35M |
| General & Administrative | $26M |
| SG&A Expenses | $62M |
| Other Expenses | $0 |
| Operating Expenses | $128M |
| Cost & Expenses | $604M |
| OPERATING INCOME | $51M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $33M |
| Net Income Deductions | -$553.0K |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $12M |
| EBIT | $51M |
| EBITDA | $63M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $655M |
| Cost of Revenue | $476M |
| GROSS PROFIT | $179M |
| R&D Expenses | $66M |
| Selling & Marketing | $35M |
| General & Administrative | $26M |
| SG&A Expenses | $62M |
| Other Expenses | $0 |
| Operating Expenses | $128M |
| Cost & Expenses | $604M |
| OPERATING INCOME | $51M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $33M |
| Net Income Deductions | -$553.0K |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $12M |
| EBIT | $51M |
| EBITDA | $63M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $33M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $34M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$247M |
| OPERATING CASH FLOW | -$163M |
| Capital Expenditure | -$43M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$27M |
| Sales/Maturities of Investments | $53M |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $652M |
| FREE CASH FLOW | -$206M |
| Net Change in Cash | $473M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $159M |
| Net Receivables | $677M |
| Inventory | $433M |
| Other Current Assets | $192M |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $533M |
| Goodwill | $127M |
| Intangible Assets | $56M |
| Long-Term Investments | $450M |
| Tax Assets | $31M |
| Other Non-Current Assets | $24M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $3.7B |
| Account Payables | $242M |
| Short-Term Debt | $0 |
| Deferred Revenue | $26M |
| Other Current Liabilities | $203M |
| TOTAL CURRENT LIABILITIES | $569M |
| Long-Term Debt | $622M |
| Deferred Revenue NC | $159M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $221M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $683M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$46M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $3.7B |
| Total Debt | $739M |
| Net Debt | -$264M |
