| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $287M | $265M | $185M | 8.2% | 55.0% |
| Op. Income | $79M | $85M | $81M | -6.0% | -1.7% |
| Gross Margin | 60.7% | 68.4% | 90.9% | -7.7pp | -30.2pp |
| Net Margin | 21.5% | 24.9% | 34.2% | -3.3pp | -12.7pp |
| EPS (Diluted) | $0.89 | $0.95 | $0.91 | -6.3% | -2.2% |
| Free Cash Flow | $14M | $42M | $85M | -66.8% | -83.6% |
| Item | Amount |
|---|---|
| REVENUE | $287M |
| Cost of Revenue | $113M |
| GROSS PROFIT | $174M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $56M |
| SG&A Expenses | $56M |
| Other Expenses | $39M |
| Operating Expenses | $95M |
| Cost & Expenses | $207M |
| OPERATING INCOME | $79M |
| Interest Income | $272M |
| Interest Expense | $104M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $79M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $62M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $58M |
| D&A | $15M |
| EBIT | $79M |
| EBITDA | $94M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $287M |
| Cost of Revenue | $113M |
| GROSS PROFIT | $174M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $56M |
| SG&A Expenses | $56M |
| Other Expenses | $39M |
| Operating Expenses | $95M |
| Cost & Expenses | $207M |
| OPERATING INCOME | $79M |
| Interest Income | $272M |
| Interest Expense | $104M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $79M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $62M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $58M |
| D&A | $15M |
| EBIT | $79M |
| EBITDA | $94M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $62M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$66M |
| OPERATING CASH FLOW | $20M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | -$785.0K |
| Purchases of Investments | -$201M |
| Sales/Maturities of Investments | $172M |
| Other Investing Activities | -$113M |
| NET CASH FROM INVESTING | -$149M |
| Net Debt Issuance | -$50M |
| Common Stock Repurchased | -$29M |
| Common Dividends Paid | -$16M |
| Other Financing Activities | $249M |
| NET CASH FROM FINANCING | $150M |
| FREE CASH FLOW | $14M |
| Net Change in Cash | $21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $2.0B |
| Net Receivables | $82M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.3B |
| PP&E (Net) | $237M |
| Goodwill | $303M |
| Intangible Assets | $6M |
| Long-Term Investments | $17.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $930M |
| TOTAL NON-CURRENT ASSETS | $19.3B |
| TOTAL ASSETS | $22.6B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $16.1B |
| TOTAL CURRENT LIABILITIES | $16.4B |
| Long-Term Debt | $3.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $35M |
| TOTAL NON-CURRENT LIABILITIES | $3.8B |
| TOTAL LIABILITIES | $20.2B |
| Common Stock | $136M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $1.8B |
| Treasury Stock | -$1.6B |
| Accum. Other Comp. Income | $47M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $22.6B |
| Total Debt | $3.8B |
| Net Debt | $2.6B |
