| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $299M | $319M | $274M | -6.2% | 9.1% |
| Op. Income | $34M | $53M | $2M | -36.4% | 1346.9% |
| Gross Margin | 52.7% | 55.6% | 57.8% | -2.9pp | -5.1pp |
| Net Margin | 3.1% | 7.1% | -2.6% | -4.0pp | 5.7pp |
| EPS (Diluted) | $0.06 | $0.14 | $-0.04 | -60.6% | 240.5% |
| Free Cash Flow | $60M | -$30M | $12M | 297.9% | 385.5% |
| Item | Amount |
|---|---|
| REVENUE | $299M |
| Cost of Revenue | $141M |
| GROSS PROFIT | $158M |
| R&D Expenses | $6M |
| Selling & Marketing | $90M |
| General & Administrative | $28M |
| SG&A Expenses | $118M |
| Other Expenses | $0 |
| Operating Expenses | $124M |
| Cost & Expenses | $266M |
| OPERATING INCOME | $34M |
| Interest Income | $0 |
| Interest Expense | $21M |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $7M |
| EBIT | $34M |
| EBITDA | $41M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $299M |
| Cost of Revenue | $141M |
| GROSS PROFIT | $158M |
| R&D Expenses | $6M |
| Selling & Marketing | $90M |
| General & Administrative | $28M |
| SG&A Expenses | $118M |
| Other Expenses | $0 |
| Operating Expenses | $124M |
| Cost & Expenses | $266M |
| OPERATING INCOME | $34M |
| Interest Income | $0 |
| Interest Expense | $21M |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $7M |
| EBIT | $34M |
| EBITDA | $41M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $33M |
| OPERATING CASH FLOW | $63M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $102.0K |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $60M |
| Net Change in Cash | $56M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $92M |
| Short-Term Investments | $0 |
| Net Receivables | $280M |
| Inventory | $0 |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $384M |
| PP&E (Net) | $58M |
| Goodwill | $29M |
| Intangible Assets | $43M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $774M |
| TOTAL NON-CURRENT ASSETS | $904M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $32M |
| Short-Term Debt | $25M |
| Deferred Revenue | $10M |
| Other Current Liabilities | $51M |
| TOTAL CURRENT LIABILITIES | $147M |
| Long-Term Debt | $667M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $49M |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $750M |
| TOTAL LIABILITIES | $897M |
| Common Stock | $2M |
| Additional Paid-In Capital | $564M |
| Retained Earnings | -$188M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $391M |
| Minority Interest | $0 |
| TOTAL EQUITY | $391M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $729M |
| Net Debt | $637M |
