| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $466M | $387M | $468M | 20.2% | -0.4% |
| Op. Income | $161M | $106M | $173M | 51.6% | -6.7% |
| Gross Margin | 83.4% | 83.6% | 84.3% | -0.2pp | -0.9pp |
| Net Margin | 7.3% | 51.2% | 31.2% | -44.0pp | -24.0pp |
| EPS (Diluted) | $0.15 | $0.86 | $0.64 | -82.6% | -76.6% |
| Free Cash Flow | $0 | $113M | $0 | -100.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $466M |
| Cost of Revenue | $77M |
| GROSS PROFIT | $389M |
| R&D Expenses | $84M |
| Selling & Marketing | $105M |
| General & Administrative | $39M |
| SG&A Expenses | $144M |
| Other Expenses | $0 |
| Operating Expenses | $228M |
| Cost & Expenses | $305M |
| OPERATING INCOME | $161M |
| Interest Income | $6M |
| Interest Expense | $0 |
| Other Income/Expenses | -$97M |
| INCOME BEFORE TAX | $63M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $0 |
| EBIT | $161M |
| EBITDA | $161M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $466M |
| Cost of Revenue | $77M |
| GROSS PROFIT | $389M |
| R&D Expenses | $84M |
| Selling & Marketing | $105M |
| General & Administrative | $39M |
| SG&A Expenses | $144M |
| Other Expenses | $0 |
| Operating Expenses | $228M |
| Cost & Expenses | $305M |
| OPERATING INCOME | $161M |
| Interest Income | $6M |
| Interest Expense | $0 |
| Other Income/Expenses | -$97M |
| INCOME BEFORE TAX | $63M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $0 |
| EBIT | $161M |
| EBITDA | $161M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $34M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$51M |
| 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 | $1.4B |
| Short-Term Investments | $1.8B |
| Net Receivables | $1.1B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.6B |
| PP&E (Net) | $57M |
| Goodwill | $0 |
| Intangible Assets | $45M |
| Long-Term Investments | $1.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $34M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $6.0B |
| Account Payables | $115M |
| Short-Term Debt | $0 |
| Deferred Revenue | $154M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $832M |
| Long-Term Debt | $2.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $48M |
| TOTAL NON-CURRENT LIABILITIES | $2.5B |
| TOTAL LIABILITIES | $3.3B |
| Common Stock | $2.7B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | -$1M |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $6.0B |
| Total Debt | $2.4B |
| Net Debt | $1.0B |
