| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $459M | $513M | $323M | -10.6% | 41.9% |
| Op. Income | $109M | $182M | $58M | -40.2% | 87.2% |
| Gross Margin | 82.6% | 83.0% | 77.1% | -0.4pp | 5.5pp |
| Net Margin | 10.9% | 5.7% | 16.1% | 5.2pp | -5.3pp |
| EPS (Diluted) | $0.22 | $0.13 | $0.23 | 69.2% | -4.3% |
| Free Cash Flow | $0 | $313M | $56M | -100.0% | -100.0% |
| Item | Amount |
|---|---|
| REVENUE | $459M |
| Cost of Revenue | $80M |
| GROSS PROFIT | $379M |
| R&D Expenses | $97M |
| Selling & Marketing | $144M |
| General & Administrative | $30M |
| SG&A Expenses | $174M |
| Other Expenses | $0 |
| Operating Expenses | $271M |
| Cost & Expenses | $350M |
| OPERATING INCOME | $109M |
| Interest Income | $14M |
| Interest Expense | $0 |
| Other Income/Expenses | -$45M |
| INCOME BEFORE TAX | $64M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $49M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $50M |
| D&A | $0 |
| EBIT | $109M |
| EBITDA | $109M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $459M |
| Cost of Revenue | $80M |
| GROSS PROFIT | $379M |
| R&D Expenses | $97M |
| Selling & Marketing | $144M |
| General & Administrative | $30M |
| SG&A Expenses | $174M |
| Other Expenses | $0 |
| Operating Expenses | $271M |
| Cost & Expenses | $350M |
| OPERATING INCOME | $109M |
| Interest Income | $14M |
| Interest Expense | $0 |
| Other Income/Expenses | -$45M |
| INCOME BEFORE TAX | $64M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $49M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $50M |
| D&A | $0 |
| EBIT | $109M |
| EBITDA | $109M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $50M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$66M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.3B |
| Short-Term Investments | $1.1B |
| Net Receivables | $1.0B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.8B |
| PP&E (Net) | $60M |
| Goodwill | $0 |
| Intangible Assets | $205M |
| Long-Term Investments | $1.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $214M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $6.5B |
| Account Payables | $152M |
| Short-Term Debt | $0 |
| Deferred Revenue | $148M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $2.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $59M |
| TOTAL NON-CURRENT LIABILITIES | $2.5B |
| TOTAL LIABILITIES | $3.5B |
| Common Stock | $2.9B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $81M |
| TOTAL EQUITY | $3.0B |
| TOTAL LIABILITIES & EQUITY | $6.5B |
| Total Debt | $2.4B |
| Net Debt | $137M |
