| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $379M | $333M | $249M | 13.7% | 51.9% |
| Op. Income | $17M | $12M | -$57M | 35.0% | 129.4% |
| Gross Margin | 47.0% | 49.8% | 44.0% | -2.8pp | 2.9pp |
| Net Margin | 4.7% | 5.2% | -22.9% | -0.5pp | 27.6pp |
| EPS (Diluted) | $0.12 | $0.12 | $-0.52 | 0.0% | 123.1% |
| Free Cash Flow | $56M | -$47M | $44M | 218.6% | 28.0% |
| Item | Amount |
|---|---|
| REVENUE | $379M |
| Cost of Revenue | $201M |
| GROSS PROFIT | $178M |
| R&D Expenses | $56M |
| Selling & Marketing | $67M |
| General & Administrative | $38M |
| SG&A Expenses | $106M |
| Other Expenses | $0 |
| Operating Expenses | $161M |
| Cost & Expenses | $362M |
| OPERATING INCOME | $17M |
| Interest Income | $34.0K |
| Interest Expense | $77.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $858.0K |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $9M |
| EBIT | $19M |
| EBITDA | $28M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $379M |
| Cost of Revenue | $201M |
| GROSS PROFIT | $178M |
| R&D Expenses | $56M |
| Selling & Marketing | $67M |
| General & Administrative | $38M |
| SG&A Expenses | $106M |
| Other Expenses | $0 |
| Operating Expenses | $161M |
| Cost & Expenses | $362M |
| OPERATING INCOME | $17M |
| Interest Income | $34.0K |
| Interest Expense | $77.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $858.0K |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $9M |
| EBIT | $19M |
| EBITDA | $28M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | $241.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $26M |
| OPERATING CASH FLOW | $71M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$37M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $12M |
| NET CASH FROM FINANCING | -$25M |
| FREE CASH FLOW | $56M |
| Net Change in Cash | $32M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $671M |
| Short-Term Investments | $0 |
| Net Receivables | $70M |
| Inventory | $147M |
| Other Current Assets | $24M |
| TOTAL CURRENT ASSETS | $912M |
| PP&E (Net) | $108M |
| Goodwill | $16M |
| Intangible Assets | $25M |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $22M |
| TOTAL NON-CURRENT ASSETS | $172M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $198M |
| Short-Term Debt | $0 |
| Deferred Revenue | $17M |
| Other Current Liabilities | $97M |
| TOTAL CURRENT LIABILITIES | $401M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $53M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $96M |
| TOTAL LIABILITIES | $497M |
| Common Stock | $128.0K |
| Additional Paid-In Capital | $699M |
| Retained Earnings | -$61M |
| Treasury Stock | -$49M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $587M |
| Minority Interest | $0 |
| TOTAL EQUITY | $587M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $47M |
| Net Debt | -$624M |
