| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $286M | $288M | $263M | -0.6% | 8.7% |
| Op. Income | $26M | $17M | $8M | 52.4% | 228.3% |
| Gross Margin | 45.5% | 43.9% | 41.8% | 1.7pp | 3.7pp |
| Net Margin | 6.5% | 4.9% | 2.3% | 1.5pp | 4.1pp |
| EPS (Diluted) | $0.77 | $0.59 | $0.25 | 30.5% | 208.0% |
| Free Cash Flow | $37M | -$4M | $34M | 1016.2% | 7.8% |
| Item | Amount |
|---|---|
| REVENUE | $286M |
| Cost of Revenue | $156M |
| GROSS PROFIT | $130M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $98M |
| SG&A Expenses | $98M |
| Other Expenses | $7M |
| Operating Expenses | $105M |
| Cost & Expenses | $260M |
| OPERATING INCOME | $26M |
| Interest Income | $2M |
| Interest Expense | $2M |
| Other Income/Expenses | $842.0K |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $8M |
| 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 | $15M |
| EBIT | $29M |
| EBITDA | $44M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $286M |
| Cost of Revenue | $156M |
| GROSS PROFIT | $130M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $98M |
| SG&A Expenses | $98M |
| Other Expenses | $7M |
| Operating Expenses | $105M |
| Cost & Expenses | $260M |
| OPERATING INCOME | $26M |
| Interest Income | $2M |
| Interest Expense | $2M |
| Other Income/Expenses | $842.0K |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $8M |
| 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 | $15M |
| EBIT | $29M |
| EBITDA | $44M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $107.0K |
| Change in Working Capital | $12M |
| OPERATING CASH FLOW | $46M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | -$237.0K |
| Purchases of Investments | -$162.0K |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | -$40M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | -$15M |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | -$55M |
| FREE CASH FLOW | $37M |
| Net Change in Cash | -$17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $168M |
| Short-Term Investments | $29M |
| Net Receivables | $105M |
| Inventory | $0 |
| Other Current Assets | $25M |
| TOTAL CURRENT ASSETS | $351M |
| PP&E (Net) | $229M |
| Goodwill | $1.2B |
| Intangible Assets | $250M |
| Long-Term Investments | $21M |
| Tax Assets | $0 |
| Other Non-Current Assets | $36M |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $55M |
| Short-Term Debt | $0 |
| Deferred Revenue | $140M |
| Other Current Liabilities | $37M |
| TOTAL CURRENT LIABILITIES | $265M |
| Long-Term Debt | $61M |
| Deferred Revenue NC | $35M |
| Deferred Tax Liabilities | $28M |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $254M |
| TOTAL LIABILITIES | $519M |
| Common Stock | $244.0K |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $144M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$63M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $206M |
| Net Debt | $38M |
