| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $288M | $257M | $274M | 12.1% | 5.2% |
| Op. Income | $17M | -$1M | $22M | 1346.6% | -23.1% |
| Gross Margin | 43.9% | 40.4% | 46.1% | 3.5pp | -2.3pp |
| Net Margin | 4.9% | -0.8% | 5.6% | 5.7pp | -0.6pp |
| EPS (Diluted) | $0.59 | $-0.09 | $0.63 | 781.3% | -6.3% |
| Free Cash Flow | -$4M | $27M | $11M | -114.9% | -136.4% |
| Item | Amount |
|---|---|
| REVENUE | $288M |
| Cost of Revenue | $161M |
| GROSS PROFIT | $126M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $99M |
| SG&A Expenses | $99M |
| Other Expenses | $10M |
| Operating Expenses | $109M |
| Cost & Expenses | $271M |
| OPERATING INCOME | $17M |
| Interest Income | $2M |
| Interest Expense | $2M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $16M |
| EBIT | $24M |
| EBITDA | $39M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $288M |
| Cost of Revenue | $161M |
| GROSS PROFIT | $126M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $99M |
| SG&A Expenses | $99M |
| Other Expenses | $10M |
| Operating Expenses | $109M |
| Cost & Expenses | $271M |
| OPERATING INCOME | $17M |
| Interest Income | $2M |
| Interest Expense | $2M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $16M |
| EBIT | $24M |
| EBITDA | $39M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$24M |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $6M |
| Purchases of Investments | $199.0K |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | -$34.0K |
| NET CASH FROM INVESTING | -$469.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | -$15M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$25M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $181M |
| Short-Term Investments | $25M |
| Net Receivables | $92M |
| Inventory | $0 |
| Other Current Assets | $28M |
| TOTAL CURRENT ASSETS | $351M |
| PP&E (Net) | $236M |
| Goodwill | $1.2B |
| Intangible Assets | $253M |
| Long-Term Investments | $29M |
| Tax Assets | $0 |
| Other Non-Current Assets | $35M |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $53M |
| Short-Term Debt | $0 |
| Deferred Revenue | $129M |
| Other Current Liabilities | $27M |
| TOTAL CURRENT LIABILITIES | $242M |
| Long-Term Debt | $101M |
| Deferred Revenue NC | $34M |
| Deferred Tax Liabilities | $31M |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $301M |
| TOTAL LIABILITIES | $544M |
| Common Stock | $245.0K |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $140M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$51M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $252M |
| Net Debt | $71M |
