| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $209M | $215M | $207M | -3.0% | 1.0% |
| Op. Income | $9M | $40M | $25M | -78.4% | -65.7% |
| Gross Margin | 59.6% | 63.7% | 62.8% | -4.1pp | -3.2pp |
| Net Margin | 23.9% | 15.3% | 9.4% | 8.7pp | 14.5pp |
| EPS (Diluted) | $1.37 | $0.90 | $0.53 | 52.2% | 158.5% |
| Free Cash Flow | $18M | $51M | $22M | -65.4% | -18.4% |
| Item | Amount |
|---|---|
| REVENUE | $209M |
| Cost of Revenue | $84M |
| GROSS PROFIT | $124M |
| R&D Expenses | $29M |
| Selling & Marketing | $48M |
| General & Administrative | $38M |
| SG&A Expenses | $86M |
| Other Expenses | $0 |
| Operating Expenses | $116M |
| Cost & Expenses | $200M |
| OPERATING INCOME | $9M |
| Interest Income | $668.0K |
| Interest Expense | $493.0K |
| Other Income/Expenses | $43M |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $50M |
| D&A | $19M |
| EBIT | $52M |
| EBITDA | $71M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $209M |
| Cost of Revenue | $84M |
| GROSS PROFIT | $124M |
| R&D Expenses | $29M |
| Selling & Marketing | $48M |
| General & Administrative | $38M |
| SG&A Expenses | $86M |
| Other Expenses | $0 |
| Operating Expenses | $116M |
| Cost & Expenses | $200M |
| OPERATING INCOME | $9M |
| Interest Income | $668.0K |
| Interest Expense | $493.0K |
| Other Income/Expenses | $43M |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $50M |
| D&A | $19M |
| EBIT | $52M |
| EBITDA | $71M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $50M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | $831.0K |
| Other Non-Cash Items | -$42M |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | $30M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | -$54M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $16M |
| NET CASH FROM INVESTING | -$50M |
| Net Debt Issuance | $30M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$10M |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | $13M |
| FREE CASH FLOW | $18M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $87M |
| Short-Term Investments | $0 |
| Net Receivables | $62M |
| Inventory | $0 |
| Other Current Assets | $125M |
| TOTAL CURRENT ASSETS | $273M |
| PP&E (Net) | $77M |
| Goodwill | $383M |
| Intangible Assets | $202M |
| Long-Term Investments | $20M |
| Tax Assets | $2M |
| Other Non-Current Assets | $47M |
| TOTAL NON-CURRENT ASSETS | $731M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $6M |
| Short-Term Debt | $30M |
| Deferred Revenue | $207M |
| Other Current Liabilities | $106M |
| TOTAL CURRENT LIABILITIES | $408M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $17M |
| Other Non-Current Liabilities | $27M |
| TOTAL NON-CURRENT LIABILITIES | $77M |
| TOTAL LIABILITIES | $485M |
| Common Stock | $398.0K |
| Additional Paid-In Capital | $403M |
| Retained Earnings | $335M |
| Treasury Stock | -$204M |
| Accum. Other Comp. Income | -$14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $520M |
| Minority Interest | $0 |
| TOTAL EQUITY | $520M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $63M |
| Net Debt | -$24M |
