| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $728M | $655M | $480M | 11.1% | 51.6% |
| Op. Income | $36M | $51M | $56M | -29.2% | -35.2% |
| Gross Margin | 25.1% | 27.3% | 32.5% | -2.2pp | -7.4pp |
| Net Margin | 2.1% | 5.1% | 9.4% | -3.0pp | -7.3pp |
| EPS (Diluted) | $0.26 | $0.59 | $0.82 | -55.9% | -68.3% |
| Free Cash Flow | $29M | -$206M | -$2M | 113.9% | 1510.9% |
| Item | Amount |
|---|---|
| REVENUE | $728M |
| Cost of Revenue | $545M |
| GROSS PROFIT | $183M |
| R&D Expenses | $75M |
| Selling & Marketing | $39M |
| General & Administrative | $28M |
| SG&A Expenses | $67M |
| Other Expenses | $5M |
| Operating Expenses | $147M |
| Cost & Expenses | $692M |
| OPERATING INCOME | $36M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | -$551.0K |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $12M |
| EBIT | $41M |
| EBITDA | $53M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $728M |
| Cost of Revenue | $545M |
| GROSS PROFIT | $183M |
| R&D Expenses | $75M |
| Selling & Marketing | $39M |
| General & Administrative | $28M |
| SG&A Expenses | $67M |
| Other Expenses | $5M |
| Operating Expenses | $147M |
| Cost & Expenses | $692M |
| OPERATING INCOME | $36M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | -$551.0K |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $12M |
| EBIT | $41M |
| EBITDA | $53M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $37M |
| Deferred Income Tax | -$58.0K |
| Other Non-Cash Items | $30M |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | $77M |
| Capital Expenditure | -$49M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$335M |
| Sales/Maturities of Investments | $73M |
| Other Investing Activities | $91.0K |
| NET CASH FROM INVESTING | -$311M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $29M |
| Net Change in Cash | -$257M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $746M |
| Short-Term Investments | $150M |
| Net Receivables | $669M |
| Inventory | $470M |
| Other Current Assets | $249M |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $547M |
| Goodwill | $116M |
| Intangible Assets | $50M |
| Long-Term Investments | $710M |
| Tax Assets | $33M |
| Other Non-Current Assets | $32M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $3.8B |
| Account Payables | $253M |
| Short-Term Debt | $0 |
| Deferred Revenue | $30M |
| Other Current Liabilities | $245M |
| TOTAL CURRENT LIABILITIES | $612M |
| Long-Term Debt | $623M |
| Deferred Revenue NC | $170M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $250M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $698M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$90M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $3.8B |
| Total Debt | $728M |
| Net Debt | -$18M |
