| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $565M | $509M | $400M | 11.0% | 41.3% |
| Op. Income | $110M | $112M | $174M | -1.4% | -36.6% |
| Gross Margin | 55.9% | 62.6% | 90.7% | -6.6pp | -34.8pp |
| Net Margin | 16.0% | 18.2% | 34.4% | -2.2pp | -18.5pp |
| EPS (Diluted) | $1.85 | $1.90 | $2.83 | -2.6% | -34.6% |
| Free Cash Flow | $146M | -$8M | $202M | 1988.9% | -27.5% |
| Item | Amount |
|---|---|
| REVENUE | $565M |
| Cost of Revenue | $249M |
| GROSS PROFIT | $316M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $143M |
| SG&A Expenses | $150M |
| Other Expenses | $55M |
| Operating Expenses | $206M |
| Cost & Expenses | $455M |
| OPERATING INCOME | $110M |
| Interest Income | $461M |
| Interest Expense | $236M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $110M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $90M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $90M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $90M |
| D&A | $15M |
| EBIT | $110M |
| EBITDA | $125M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $565M |
| Cost of Revenue | $249M |
| GROSS PROFIT | $316M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $143M |
| SG&A Expenses | $150M |
| Other Expenses | $55M |
| Operating Expenses | $206M |
| Cost & Expenses | $455M |
| OPERATING INCOME | $110M |
| Interest Income | $461M |
| Interest Expense | $236M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $110M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $90M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $90M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $90M |
| D&A | $15M |
| EBIT | $110M |
| EBITDA | $125M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $90M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $8M |
| Change in Working Capital | $44M |
| OPERATING CASH FLOW | $154M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | -$793.0K |
| Purchases of Investments | -$764M |
| Sales/Maturities of Investments | $984M |
| Other Investing Activities | -$609M |
| NET CASH FROM INVESTING | -$398M |
| Net Debt Issuance | -$1.0B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$18M |
| Other Financing Activities | $1.5B |
| NET CASH FROM FINANCING | $460M |
| FREE CASH FLOW | $146M |
| Net Change in Cash | $216M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.8B |
| Short-Term Investments | $6.7B |
| Net Receivables | $446M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $10.9B |
| PP&E (Net) | $255M |
| Goodwill | $207M |
| Intangible Assets | $75M |
| Long-Term Investments | $28.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.6B |
| TOTAL NON-CURRENT ASSETS | $30.3B |
| TOTAL ASSETS | $41.2B |
| Account Payables | $0 |
| Short-Term Debt | $3.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $33.5B |
| TOTAL CURRENT LIABILITIES | $36.8B |
| Long-Term Debt | $382M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.2B |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $38.4B |
| Common Stock | $55M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $2.7B |
| Treasury Stock | -$344M |
| Accum. Other Comp. Income | -$686M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.8B |
| TOTAL LIABILITIES & EQUITY | $41.2B |
| Total Debt | $3.4B |
| Net Debt | -$369M |
