| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $404M | $295M | $271M | 37.1% | 49.1% |
| Op. Income | $56M | $38M | $41M | 47.0% | 35.9% |
| Gross Margin | 42.2% | 47.1% | 46.4% | -4.9pp | -4.2pp |
| Net Margin | 6.3% | 12.5% | 19.9% | -6.2pp | -13.6pp |
| EPS (Diluted) | $0.61 | $0.88 | $1.30 | -30.7% | -53.1% |
| Free Cash Flow | -$33M | $62M | $32M | -154.3% | -206.2% |
| Item | Amount |
|---|---|
| REVENUE | $404M |
| Cost of Revenue | $233M |
| GROSS PROFIT | $171M |
| R&D Expenses | $23M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $91M |
| Other Expenses | $0 |
| Operating Expenses | $114M |
| Cost & Expenses | $348M |
| OPERATING INCOME | $56M |
| Interest Income | $492.0K |
| Interest Expense | $12M |
| Other Income/Expenses | -$30M |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $562.0K |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $40M |
| EBIT | $39M |
| EBITDA | $78M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $404M |
| Cost of Revenue | $233M |
| GROSS PROFIT | $171M |
| R&D Expenses | $23M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $91M |
| Other Expenses | $0 |
| Operating Expenses | $114M |
| Cost & Expenses | $348M |
| OPERATING INCOME | $56M |
| Interest Income | $492.0K |
| Interest Expense | $12M |
| Other Income/Expenses | -$30M |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $562.0K |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $40M |
| EBIT | $39M |
| EBITDA | $78M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $26M |
| Depreciation & Amortization | $40M |
| Stock-Based Compensation | $25M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$110M |
| OPERATING CASH FLOW | -$20M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | -$2.0B |
| Purchases of Investments | -$15M |
| Sales/Maturities of Investments | $56M |
| Other Investing Activities | -$80.0K |
| NET CASH FROM INVESTING | -$2.0B |
| Net Debt Issuance | $944M |
| Common Stock Repurchased | -$13M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $945M |
| FREE CASH FLOW | -$33M |
| Net Change in Cash | -$1.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $217M |
| Short-Term Investments | $51M |
| Net Receivables | $605M |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $929M |
| PP&E (Net) | $206M |
| Goodwill | $2.3B |
| Intangible Assets | $1.1B |
| Long-Term Investments | $79M |
| Tax Assets | $0 |
| Other Non-Current Assets | $55M |
| TOTAL NON-CURRENT ASSETS | $3.7B |
| TOTAL ASSETS | $4.6B |
| Account Payables | $107M |
| Short-Term Debt | $30M |
| Deferred Revenue | $484M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $766M |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $68.0K |
| Deferred Tax Liabilities | $221M |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $2.5B |
| Common Stock | $481.0K |
| Additional Paid-In Capital | $963M |
| Retained Earnings | $1.2B |
| Treasury Stock | -$30M |
| Accum. Other Comp. Income | -$46.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $4.6B |
| Total Debt | $1.6B |
| Net Debt | $1.4B |
