| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $210M | $204M | $198M | 2.7% | 6.2% |
| Op. Income | $59M | $56M | $45M | 5.3% | 30.1% |
| Gross Margin | 94.3% | 95.0% | 92.2% | -0.7pp | 2.1pp |
| Net Margin | 14.4% | 9.3% | 12.4% | 5.1pp | 2.0pp |
| EPS (Diluted) | $0.18 | $0.13 | $0.16 | 38.5% | 12.5% |
| Free Cash Flow | $52M | $51M | $39M | 2.4% | 32.8% |
| Item | Amount |
|---|---|
| REVENUE | $210M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $198M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $42M |
| Other Expenses | $96M |
| Operating Expenses | $139M |
| Cost & Expenses | $151M |
| OPERATING INCOME | $59M |
| Interest Income | $0 |
| Interest Expense | $20M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | $42M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $28M |
| EBIT | $62M |
| EBITDA | $90M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $210M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $198M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $42M |
| Other Expenses | $96M |
| Operating Expenses | $139M |
| Cost & Expenses | $151M |
| OPERATING INCOME | $59M |
| Interest Income | $0 |
| Interest Expense | $20M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | $42M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $28M |
| EBIT | $62M |
| EBITDA | $90M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $30M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $62M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $93.0K |
| Purchases of Investments | $142.0K |
| Sales/Maturities of Investments | -$93.0K |
| Other Investing Activities | $93.0K |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | -$102M |
| Common Stock Repurchased | -$100M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $56M |
| NET CASH FROM FINANCING | -$146M |
| FREE CASH FLOW | $52M |
| Net Change in Cash | -$95M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $114M |
| Short-Term Investments | $0 |
| Net Receivables | $237M |
| Inventory | $20M |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $411M |
| PP&E (Net) | $179M |
| Goodwill | $833M |
| Intangible Assets | $316M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $17M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $90M |
| Short-Term Debt | $9M |
| Deferred Revenue | $34M |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $198M |
| Long-Term Debt | $1.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $19M |
| Other Non-Current Liabilities | $75M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $17.0K |
| Additional Paid-In Capital | $549M |
| Retained Earnings | -$129M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$16M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $404M |
| Minority Interest | $0 |
| TOTAL EQUITY | $404M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $1.1B |
| Net Debt | $963M |
