| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $327M | $304M | $215M | 7.6% | 52.2% |
| Op. Income | $82M | $80M | $86M | 1.8% | -5.2% |
| Gross Margin | 63.8% | 70.5% | 93.4% | -6.6pp | -29.6pp |
| Net Margin | 19.4% | 20.5% | 31.1% | -1.1pp | -11.8pp |
| EPS (Diluted) | $0.53 | $0.52 | $0.61 | 1.9% | -13.1% |
| Free Cash Flow | $74M | $67M | $137M | 9.2% | -46.4% |
| Item | Amount |
|---|---|
| REVENUE | $327M |
| Cost of Revenue | $118M |
| GROSS PROFIT | $209M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $80M |
| SG&A Expenses | $83M |
| Other Expenses | $45M |
| Operating Expenses | $127M |
| Cost & Expenses | $245M |
| OPERATING INCOME | $82M |
| Interest Income | $296M |
| Interest Expense | $95M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $82M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $63M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $63M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $61M |
| D&A | $11M |
| EBIT | $82M |
| EBITDA | $93M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $327M |
| Cost of Revenue | $118M |
| GROSS PROFIT | $209M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $80M |
| SG&A Expenses | $83M |
| Other Expenses | $45M |
| Operating Expenses | $127M |
| Cost & Expenses | $245M |
| OPERATING INCOME | $82M |
| Interest Income | $296M |
| Interest Expense | $95M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $82M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $63M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $63M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $61M |
| D&A | $11M |
| EBIT | $82M |
| EBITDA | $93M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $63M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $20M |
| Change in Working Capital | -$78.0K |
| OPERATING CASH FLOW | $95M |
| Capital Expenditure | -$21M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$210M |
| Sales/Maturities of Investments | $157M |
| Other Investing Activities | -$271M |
| NET CASH FROM INVESTING | -$345M |
| Net Debt Issuance | -$37M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$27M |
| Other Financing Activities | $249M |
| NET CASH FROM FINANCING | $183M |
| FREE CASH FLOW | $74M |
| Net Change in Cash | -$67M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $711M |
| Short-Term Investments | $3.4B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.1B |
| PP&E (Net) | $353M |
| Goodwill | $897M |
| Intangible Assets | $61M |
| Long-Term Investments | $19.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $953M |
| TOTAL NON-CURRENT ASSETS | $22.0B |
| TOTAL ASSETS | $26.1B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $22.3B |
| TOTAL CURRENT LIABILITIES | $22.7B |
| Long-Term Debt | $325M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $325M |
| TOTAL LIABILITIES | $23.0B |
| Common Stock | $115M |
| Additional Paid-In Capital | $2.6B |
| Retained Earnings | $577M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$306M |
| Other Equity | $12M |
| TOTAL STOCKHOLDERS' EQUITY | $3.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.1B |
| TOTAL LIABILITIES & EQUITY | $26.1B |
| Total Debt | $325M |
| Net Debt | -$386M |
