| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $448M | $454M | $616M | -1.2% | -27.3% |
| Op. Income | $160M | $123M | $183M | 30.2% | -12.1% |
| Gross Margin | 76.3% | 79.2% | 79.1% | -2.9pp | -2.8pp |
| Net Margin | 31.7% | -3.8% | 18.8% | 35.5pp | 12.9pp |
| EPS (Diluted) | $0.59 | $-0.07 | $0.50 | 922.9% | 18.0% |
| Free Cash Flow | -$170M | $55M | $238M | -407.5% | -171.1% |
| Item | Amount |
|---|---|
| REVENUE | $448M |
| Cost of Revenue | $106M |
| GROSS PROFIT | $342M |
| R&D Expenses | $99M |
| Selling & Marketing | $123M |
| General & Administrative | -$41M |
| SG&A Expenses | $82M |
| Other Expenses | $0 |
| Operating Expenses | $181M |
| Cost & Expenses | $288M |
| OPERATING INCOME | $160M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | $139M |
| Income Tax Expense | -$19M |
| Net Income from Continuing Ops | $158M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $142M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $142M |
| D&A | $0 |
| EBIT | -$130M |
| EBITDA | -$130M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $448M |
| Cost of Revenue | $106M |
| GROSS PROFIT | $342M |
| R&D Expenses | $99M |
| Selling & Marketing | $123M |
| General & Administrative | -$41M |
| SG&A Expenses | $82M |
| Other Expenses | $0 |
| Operating Expenses | $181M |
| Cost & Expenses | $288M |
| OPERATING INCOME | $160M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | $139M |
| Income Tax Expense | -$19M |
| Net Income from Continuing Ops | $158M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $142M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $142M |
| D&A | $0 |
| EBIT | -$130M |
| EBITDA | -$130M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $142M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $23M |
| Deferred Income Tax | -$13M |
| Other Non-Cash Items | -$165M |
| Change in Working Capital | $33M |
| OPERATING CASH FLOW | -$185M |
| Capital Expenditure | $16M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $1.1B |
| Sales/Maturities of Investments | -$954M |
| Other Investing Activities | $41M |
| NET CASH FROM INVESTING | $155M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$170M |
| Net Change in Cash | -$68M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.7B |
| Short-Term Investments | $480M |
| Net Receivables | $1.3B |
| Inventory | $0 |
| Other Current Assets | $99M |
| TOTAL CURRENT ASSETS | $4.6B |
| PP&E (Net) | $250M |
| Goodwill | $120M |
| Intangible Assets | $125M |
| Long-Term Investments | $994M |
| Tax Assets | $40M |
| Other Non-Current Assets | $1.0B |
| TOTAL NON-CURRENT ASSETS | $2.6B |
| TOTAL ASSETS | $7.1B |
| Account Payables | $161M |
| Short-Term Debt | $0 |
| Deferred Revenue | $80M |
| Other Current Liabilities | $758M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $2.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $42M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2.5B |
| TOTAL LIABILITIES | $3.7B |
| Common Stock | $59.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $2.0B |
| Treasury Stock | -$58M |
| Accum. Other Comp. Income | -$103M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.3B |
| Minority Interest | $60M |
| TOTAL EQUITY | $3.4B |
| TOTAL LIABILITIES & EQUITY | $7.1B |
| Total Debt | $2.5B |
| Net Debt | -$204M |
