| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.4B | $1.3B | 0.2% | 3.4% |
| Op. Income | $306M | $288M | $304M | 6.3% | 0.7% |
| Gross Margin | 47.9% | 47.0% | 47.2% | 0.9pp | 0.7pp |
| Net Margin | 11.4% | 9.6% | 12.1% | 1.8pp | -0.7pp |
| EPS (Diluted) | $0.61 | $0.51 | $0.61 | 19.6% | 0.0% |
| Free Cash Flow | $182M | $261M | $242M | -30.2% | -24.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $712M |
| GROSS PROFIT | $654M |
| R&D Expenses | $118M |
| Selling & Marketing | $135M |
| General & Administrative | $96M |
| SG&A Expenses | $230M |
| Other Expenses | $0 |
| Operating Expenses | $348M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $306M |
| Interest Income | $0 |
| Interest Expense | $121M |
| Other Income/Expenses | -$99M |
| INCOME BEFORE TAX | $208M |
| Income Tax Expense | $51M |
| Net Income from Continuing Ops | $157M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $156M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $156M |
| D&A | $169M |
| EBIT | $328M |
| EBITDA | $497M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $712M |
| GROSS PROFIT | $654M |
| R&D Expenses | $118M |
| Selling & Marketing | $135M |
| General & Administrative | $96M |
| SG&A Expenses | $230M |
| Other Expenses | $0 |
| Operating Expenses | $348M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $306M |
| Interest Income | $0 |
| Interest Expense | $121M |
| Other Income/Expenses | -$99M |
| INCOME BEFORE TAX | $208M |
| Income Tax Expense | $51M |
| Net Income from Continuing Ops | $157M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $156M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $156M |
| D&A | $169M |
| EBIT | $328M |
| EBITDA | $497M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $157M |
| Depreciation & Amortization | $169M |
| Stock-Based Compensation | $42M |
| Deferred Income Tax | -$36M |
| Other Non-Cash Items | -$14M |
| Change in Working Capital | -$75M |
| OPERATING CASH FLOW | $243M |
| Capital Expenditure | -$60M |
| Acquisitions (Net) | -$44M |
| Purchases of Investments | -$600.0K |
| Sales/Maturities of Investments | $6M |
| Other Investing Activities | $46M |
| NET CASH FROM INVESTING | -$53M |
| Net Debt Issuance | -$55M |
| Common Stock Repurchased | -$97M |
| Common Dividends Paid | -$60M |
| Other Financing Activities | $484M |
| NET CASH FROM FINANCING | $273M |
| FREE CASH FLOW | $182M |
| Net Change in Cash | $458M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $448M |
| Short-Term Investments | $0 |
| Net Receivables | $1.7B |
| Inventory | $0 |
| Other Current Assets | $158M |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $553M |
| Goodwill | $8.9B |
| Intangible Assets | $3.9B |
| Long-Term Investments | $471M |
| Tax Assets | $0 |
| Other Non-Current Assets | $116M |
| TOTAL NON-CURRENT ASSETS | $13.9B |
| TOTAL ASSETS | $16.2B |
| Account Payables | $47M |
| Short-Term Debt | $127M |
| Deferred Revenue | $459M |
| Other Current Liabilities | $1000M |
| TOTAL CURRENT LIABILITIES | $2.0B |
| Long-Term Debt | $6.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $794M |
| Other Non-Current Liabilities | $244M |
| TOTAL NON-CURRENT LIABILITIES | $8.0B |
| TOTAL LIABILITIES | $10.0B |
| Common Stock | $3M |
| Additional Paid-In Capital | $5.3B |
| Retained Earnings | $3.0B |
| Treasury Stock | -$1.6B |
| Accum. Other Comp. Income | -$555M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.1B |
| Minority Interest | $60M |
| TOTAL EQUITY | $6.2B |
| TOTAL LIABILITIES & EQUITY | $16.2B |
| Total Debt | $7.1B |
| Net Debt | $6.6B |
