| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.8B | — | $1.5B | — | 19.8% |
| Op. Income | $126M | — | $101M | — | 24.8% |
| Gross Margin | 91.7% | — | 92.2% | — | -0.6pp |
| Net Margin | 0.6% | — | 1.3% | — | -0.8pp |
| EPS (Diluted) | $0.07 | — | $0.14 | — | -48.8% |
| Free Cash Flow | $172M | — | $344M | — | -50.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $149M |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $273M |
| Selling & Marketing | $705M |
| General & Administrative | $79M |
| SG&A Expenses | $784M |
| Other Expenses | $456M |
| Operating Expenses | $1.5B |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $126M |
| Interest Income | $47M |
| Interest Expense | $44M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $125M |
| Income Tax Expense | $115M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $87M |
| EBIT | $169M |
| EBITDA | $256M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $149M |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $273M |
| Selling & Marketing | $705M |
| General & Administrative | $79M |
| SG&A Expenses | $784M |
| Other Expenses | $456M |
| Operating Expenses | $1.5B |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $126M |
| Interest Income | $47M |
| Interest Expense | $44M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $125M |
| Income Tax Expense | $115M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $87M |
| EBIT | $169M |
| EBITDA | $256M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $87M |
| Stock-Based Compensation | $96M |
| Deferred Income Tax | -$25M |
| Other Non-Cash Items | $15M |
| Change in Working Capital | $52M |
| OPERATING CASH FLOW | $235M |
| Capital Expenditure | -$63M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$63M |
| Net Debt Issuance | -$7M |
| Common Stock Repurchased | -$100M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$20M |
| NET CASH FROM FINANCING | -$127M |
| FREE CASH FLOW | $172M |
| Net Change in Cash | $46M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $0 |
| Net Receivables | $192M |
| Inventory | $0 |
| Other Current Assets | $38M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $206M |
| Goodwill | $829M |
| Intangible Assets | $43M |
| Long-Term Investments | $32M |
| Tax Assets | $86M |
| Other Non-Current Assets | $44M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $2.5B |
| Account Payables | $28M |
| Short-Term Debt | $0 |
| Deferred Revenue | $49M |
| Other Current Liabilities | $403M |
| TOTAL CURRENT LIABILITIES | $572M |
| Long-Term Debt | $839M |
| Deferred Revenue NC | $25M |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $172M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $271M |
| Treasury Stock | -$822M |
| Accum. Other Comp. Income | -$71M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $871M |
| Minority Interest | $0 |
| TOTAL EQUITY | $871M |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $912M |
| Net Debt | -$155M |
