| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $243M | — | $193M | — | 25.9% |
| Op. Income | $54M | — | $63M | — | -14.4% |
| Gross Margin | 70.8% | — | 91.0% | — | -20.1pp |
| Net Margin | 18.5% | — | 26.0% | — | -7.5pp |
| EPS (Diluted) | $0.60 | — | $0.69 | — | -13.0% |
| Free Cash Flow | $90M | — | $76M | — | 18.5% |
| Item | Amount |
|---|---|
| REVENUE | $243M |
| Cost of Revenue | $71M |
| GROSS PROFIT | $172M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $71M |
| SG&A Expenses | $74M |
| Other Expenses | $43M |
| Operating Expenses | $118M |
| Cost & Expenses | $189M |
| OPERATING INCOME | $54M |
| Interest Income | $183M |
| Interest Expense | $70M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $54M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $9M |
| EBIT | $54M |
| EBITDA | $63M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $243M |
| Cost of Revenue | $71M |
| GROSS PROFIT | $172M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $71M |
| SG&A Expenses | $74M |
| Other Expenses | $43M |
| Operating Expenses | $118M |
| Cost & Expenses | $189M |
| OPERATING INCOME | $54M |
| Interest Income | $183M |
| Interest Expense | $70M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $54M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $9M |
| EBIT | $54M |
| EBITDA | $63M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $45M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$264.0K |
| Other Non-Cash Items | $42M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $104M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$55M |
| Sales/Maturities of Investments | $40M |
| Other Investing Activities | $62M |
| NET CASH FROM INVESTING | $33M |
| Net Debt Issuance | -$653M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$19M |
| Other Financing Activities | $114M |
| NET CASH FROM FINANCING | -$558M |
| FREE CASH FLOW | $90M |
| Net Change in Cash | -$421M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $2.0B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.1B |
| PP&E (Net) | $336M |
| Goodwill | $457M |
| Intangible Assets | $67M |
| Long-Term Investments | $11.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $946M |
| TOTAL NON-CURRENT ASSETS | $13.6B |
| TOTAL ASSETS | $16.7B |
| Account Payables | $0 |
| Short-Term Debt | $47M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $13.9B |
| TOTAL CURRENT LIABILITIES | $13.9B |
| Long-Term Debt | $360M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $408M |
| TOTAL NON-CURRENT LIABILITIES | $768M |
| TOTAL LIABILITIES | $14.7B |
| Common Stock | $125M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $911M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$179M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $16M |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $16.7B |
| Total Debt | $407M |
| Net Debt | -$706M |
