| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $470M | $421M | $326M | 11.8% | 44.3% |
| Op. Income | $88M | $78M | $32M | 13.5% | 178.8% |
| Gross Margin | 54.0% | 53.5% | 47.7% | 0.5pp | 6.3pp |
| Net Margin | 13.8% | 16.5% | 4.2% | -2.7pp | 9.6pp |
| EPS (Diluted) | $1.59 | $1.71 | $0.35 | -7.0% | 354.3% |
| Free Cash Flow | $114M | $114M | $133M | 0.1% | -14.4% |
| Item | Amount |
|---|---|
| REVENUE | $470M |
| Cost of Revenue | $216M |
| GROSS PROFIT | $254M |
| R&D Expenses | $98M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $68M |
| Operating Expenses | $166M |
| Cost & Expenses | $382M |
| OPERATING INCOME | $88M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $89M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $65M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $65M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $65M |
| D&A | $43M |
| EBIT | $99M |
| EBITDA | $143M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $470M |
| Cost of Revenue | $216M |
| GROSS PROFIT | $254M |
| R&D Expenses | $98M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $68M |
| Operating Expenses | $166M |
| Cost & Expenses | $382M |
| OPERATING INCOME | $88M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $89M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $65M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $65M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $65M |
| D&A | $43M |
| EBIT | $99M |
| EBITDA | $143M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $65M |
| Depreciation & Amortization | $43M |
| Stock-Based Compensation | $26M |
| Deferred Income Tax | -$22M |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | $22M |
| OPERATING CASH FLOW | $128M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $7M |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $12M |
| Other Investing Activities | $56M |
| NET CASH FROM INVESTING | $55M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $200.0K |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | $114M |
| Net Change in Cash | $188M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $690M |
| Short-Term Investments | $65M |
| Net Receivables | $298M |
| Inventory | $146M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $63M |
| Goodwill | $815M |
| Intangible Assets | $410M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $164M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $2.7B |
| Account Payables | $136M |
| Short-Term Debt | $0 |
| Deferred Revenue | $83M |
| Other Current Liabilities | $80M |
| TOTAL CURRENT LIABILITIES | $393M |
| Long-Term Debt | $983M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $56M |
| Other Non-Current Liabilities | $54M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $898M |
| Retained Earnings | $956M |
| Treasury Stock | -$695M |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $1.0B |
| Net Debt | $356M |
