| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $212M | $197M | $224M | 7.8% | -5.3% |
| Op. Income | $39M | $29M | $57M | 36.6% | -31.1% |
| Gross Margin | 50.7% | 49.9% | 60.1% | 0.8pp | -9.4pp |
| Net Margin | 14.2% | 19.6% | 7.8% | -5.4pp | 6.5pp |
| EPS (Diluted) | $4.10 | $5.21 | $2.29 | -21.3% | 79.0% |
| Free Cash Flow | $144M | -$44M | $118M | 424.2% | 22.5% |
| Item | Amount |
|---|---|
| REVENUE | $212M |
| Cost of Revenue | $105M |
| GROSS PROFIT | $108M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $25M |
| Other Expenses | $43M |
| Operating Expenses | $69M |
| Cost & Expenses | $173M |
| OPERATING INCOME | $39M |
| Interest Income | $51M |
| Interest Expense | $45M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $41M |
| 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 | $18M |
| EBIT | $86M |
| EBITDA | $104M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $212M |
| Cost of Revenue | $105M |
| GROSS PROFIT | $108M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $25M |
| Other Expenses | $43M |
| Operating Expenses | $69M |
| Cost & Expenses | $173M |
| OPERATING INCOME | $39M |
| Interest Income | $51M |
| Interest Expense | $45M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $41M |
| 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 | $18M |
| EBIT | $86M |
| EBITDA | $104M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $30M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $47M |
| Change in Working Capital | $45M |
| OPERATING CASH FLOW | $145M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | -$109M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$110M |
| Net Debt Issuance | -$75M |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | -$12M |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$96M |
| FREE CASH FLOW | $144M |
| Net Change in Cash | -$60M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $357M |
| Short-Term Investments | $0 |
| Net Receivables | $104M |
| Inventory | $0 |
| Other Current Assets | $688.0K |
| TOTAL CURRENT ASSETS | $462M |
| PP&E (Net) | $23M |
| Goodwill | $397M |
| Intangible Assets | $468M |
| Long-Term Investments | $2.1B |
| Tax Assets | $23M |
| Other Non-Current Assets | $136M |
| TOTAL NON-CURRENT ASSETS | $3.2B |
| TOTAL ASSETS | $3.6B |
| Account Payables | $39M |
| Short-Term Debt | $294M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $458M |
| Long-Term Debt | $1.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $308M |
| TOTAL NON-CURRENT LIABILITIES | $2.2B |
| TOTAL LIABILITIES | $2.7B |
| Common Stock | $122.0K |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $174M |
| Treasury Stock | -$609M |
| Accum. Other Comp. Income | -$147.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $852M |
| Minority Interest | $116M |
| TOTAL EQUITY | $967M |
| TOTAL LIABILITIES & EQUITY | $3.6B |
| Total Debt | $2.2B |
| Net Debt | $1.8B |
