| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.2B | $1.1B | 3.4% | 8.1% |
| Op. Income | $120M | $119M | $105M | 0.8% | 14.3% |
| Gross Margin | 23.4% | 22.7% | 20.6% | 0.7pp | 2.8pp |
| Net Margin | 6.2% | 7.1% | 6.7% | -0.9pp | -0.5pp |
| EPS (Diluted) | $1.22 | $1.35 | $1.16 | -9.6% | 5.2% |
| Free Cash Flow | -$62M | -$104M | $172M | 40.4% | -136.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $951M |
| GROSS PROFIT | $290M |
| R&D Expenses | $18M |
| Selling & Marketing | $72M |
| General & Administrative | $63M |
| SG&A Expenses | $135M |
| Other Expenses | $17M |
| Operating Expenses | $170M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $120M |
| Interest Income | $5M |
| Interest Expense | $22M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | $103M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $77M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $77M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $77M |
| D&A | $26M |
| EBIT | $134M |
| EBITDA | $160M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $951M |
| GROSS PROFIT | $290M |
| R&D Expenses | $18M |
| Selling & Marketing | $72M |
| General & Administrative | $63M |
| SG&A Expenses | $135M |
| Other Expenses | $17M |
| Operating Expenses | $170M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $120M |
| Interest Income | $5M |
| Interest Expense | $22M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | $103M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $77M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $77M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $77M |
| D&A | $26M |
| EBIT | $134M |
| EBITDA | $160M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $77M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $29M |
| Change in Working Capital | -$199M |
| OPERATING CASH FLOW | -$49M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | -$36M |
| Purchases of Investments | -$180M |
| Sales/Maturities of Investments | $215M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | -$62M |
| Net Change in Cash | -$70M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $454M |
| Short-Term Investments | $95M |
| Net Receivables | $372M |
| Inventory | $0 |
| Other Current Assets | $981M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $128M |
| Goodwill | $462M |
| Intangible Assets | $103M |
| Long-Term Investments | $142M |
| Tax Assets | $0 |
| Other Non-Current Assets | $279M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $3.1B |
| Account Payables | $122M |
| Short-Term Debt | $0 |
| Deferred Revenue | $54M |
| Other Current Liabilities | $220M |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $496M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $29M |
| Other Non-Current Liabilities | $136M |
| TOTAL NON-CURRENT LIABILITIES | $702M |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $878M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$17M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $856M |
| Minority Interest | $0 |
| TOTAL EQUITY | $856M |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $552M |
| Net Debt | $98M |
