Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.
Outlined bar is the consensus estimate; solid is reported.
Periods without a consensus estimate or a reported figure show a dash.
| Period | EPS estimate | EPS actual | EPS surprise % | Revenue estimate | Revenue actual | Revenue surprise % |
|---|---|---|---|---|---|---|
| Q2 25 | $0.09 | $0.09 | 0.0% | — | $260.5M | — |
| Q1 25 | $0.08 | $0.08 | 0.0% | — | $251.6M | — |
| Q4 24 | $0.1 | $0.1 | 0.0% | — | $246.5M | — |
| Q3 24 | $0.09 | $0.1 | +11.1% | — | $238.5M | — |
| Q2 24 | $0.08 | $0.09 | +12.5% | — | $232.6M | — |
| Q1 24 | $0.08 | $0.09 | +12.5% | — | $227.2M | — |
| Q4 23 | $0.08 | $0.09 | +12.5% | — | $228.6M | — |
| Q3 23 | $0.08 | $0.09 | +12.5% | — | $221.1M | — |
| Q2 23 | $0.07 | $0.07 | 0.0% | — | $211.7M | — |
| Q1 23 | $0.07 | $0.07 | 0.0% | — | $204.9M | — |
| Q4 22 | $0.07 | $0.07 | 0.0% | — | $204.1M | — |
| Q3 22 | $0.07 | $0.07 | 0.0% | — | $198.7M | — |
| Q2 22 | $0.07 | $0.05 | -28.6% | — | $192.8M | — |
| Q1 22 | $0.07 | $0.08 | +14.3% | — | $186.8M | — |
| Q4 21 | $0.06 | $0.08 | +33.3% | — | $187.1M | — |
| Q3 21 | $0.06 | $0.05 | -16.7% | — | $176.6M | — |
Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.
Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.
Periods without a consensus estimate or a reported figure show a dash.
| Period | EPS estimate | EPS actual | EPS surprise % | Revenue estimate | Revenue actual | Revenue surprise % |
|---|---|---|---|---|---|---|
| FY24 | — | $0.04 | — | — | $944.8M | — |
| FY23 | — | -$0.15 | — | — | $866.4M | — |
| FY22 | — | $0.06 | — | — | $782.4M | — |
| FY21 | — | -$0.46 | — | — | $688.3M | — |
| FY20 | — | -$0.03 | — | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|---|---|
| Revenue | $616.1M | $633.1M | $688.3M | $782.4M | $866.4M | $944.8M |
| YoY change | — | +2.76% | +8.72% | +13.7% | +10.7% | +9.05% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 |
|---|
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|---|---|
| Revenue | 616.1M | 633.1M | 688.3M | 782.4M | 866.4M | 944.8M |
| Cost of revenue | 225.6M | 208.7M | 195.7M | 213.9M | 230.2M | 231M |
| Gross profit | 390.4M | 424.3M | 492.6M | 568.5M | 636.2M | 713.8M |
| Gross margin | 63.4% | 67% | 71.6% | 72.7% | 73.4% | 75.6% |
| Research & development | 114M | 109.5M | 166M | 157M | 173.1M | 201.5M |
| Selling, general & administrative | 160.2M | 165.5M | 399M | 287.4M | 332.7M | 360.4M |
| Operating expenses | 274.2M | 275.1M | 565M | 444.3M | 505.8M | 561.9M |
| Operating income | 34.9M | 77M | -144.7M | 51.9M | 58.4M | 80.1M |
| Operating margin | 5.66% | 12.2% | -21% | 6.64% | 6.74% | 8.48% |
| Non-operating income, net | -223M | -21.5M | -71.3M | 36M | -95.6M | 16.6M |
| Pretax income | -277.6M | -21.6M | -274.9M | 49.9M | -84.5M | 44.3M |
| Income tax | -67.3M | -4.7M | -26M | 11.5M | 5.5M | 13.1M |
| Net income | -210.3M | -16.9M | -248.9M | 38.4M | -90.1M | 31.2M |
| Net margin | -34.1% | -2.67% | -36.2% | 4.91% | -10.4% | 3.31% |
| EBITDA | 162.9M | 193.7M | -21.4M | 180.7M | 211.1M | 216.3M |
| EPS | -0.35 | -0.03 | -0.46 | 0.06 | -0.15 | 0.04 |
| Diluted EPS | -0.35 | -0.03 | -0.46 | 0.06 | -0.15 | 0.04 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 198.7M | 204.1M | 204.9M | 211.7M | 221.1M | 228.6M | 227.2M | 232.6M | 238.5M | 246.5M | 251.6M | 260.5M |
| Cost of revenue | 53.1M | 58.6M | 57.1M | 59.1M | 58M | 55.9M | 59.4M | 55.3M | 55.1M | 61.2M | 66.6M | 66.4M |
| Gross profit | 145.6M | 145.5M | 147.8M | 152.6M | 163.1M | 172.7M | 167.9M | 177.3M | 183.4M | 185.2M | 185M | 194M |
| Gross margin | 73.3% | 71.3% | 72.1% | 72.1% | 73.8% | 75.5% | 73.9% | 76.2% | 76.9% | 75.2% | 73.5% | 74.5% |
| Research & development | 40.3M | 42.2M | 41M | 43.4M | 43.5M | 45.2M | 49.5M | 49.3M | 49.5M | 53.2M | 61.8M | 59.9M |
| Selling, general & administrative | 70.2M | 75.5M | 75.4M | 82.1M | 85.1M | 90.1M | 92.6M | 87.6M | 87.3M | 92.9M | 115.4M | 91.1M |
| Operating expenses | 110.5M | 117.8M | 116.4M | 125.4M | 128.6M | 135.4M | 142.1M | 136.8M | 136.8M | 146.2M | 177.2M | 151M |
| Operating income | 17.1M | 9.7M | 13.3M | 9.1M | 16.6M | 19.4M | 7.8M | 22.5M | 28.7M | 21.1M | -10.7M | 24.5M |
| Operating margin | 8.58% | 4.75% | 6.5% | 4.31% | 7.49% | 8.47% | 3.43% | 9.68% | 12% | 8.56% | -4.25% | 9.4% |
| Non-operating income, net | 6.7M | 2.4M | -1.4M | -98.8M | -26.5M | 31M | 1.4M | 17.2M | -2.6M | 630K | -5.1M | -2.1M |
| Pretax income | 13.2M | -186K | 1.4M | -99.6M | -19.4M | 33.1M | -4.8M | 25.8M | 13.1M | 10.3M | -30.8M | 5.8M |
| Income tax | 3.5M | -1.3M | -783K | -2.3M | 1.8M | 6.8M | -4.2M | 4.3M | 8.9M | 4.1M | -13.4M | -7.2M |
| Net income | 9.8M | 1.1M | 2.2M | -97.3M | -21.2M | 26.3M | -597K | 21.4M | 4.1M | 6.3M | -17.4M | 13M |
| Net margin | 4.93% | 0.53% | 1.07% | -46% | -9.59% | 11.5% | -0.26% | 9.22% | 1.73% | 2.54% | -6.93% | 4.98% |
| EBITDA | 48.9M | 43.3M | 48M | 46.9M | 56.5M | 57.1M | 44.4M | 55M | 60.5M | 56.4M | 27.9M | 62.4M |
| EPS | 0.02 | 0 | 0 | -0.16 | -0.04 | — | -0 | 0.03 | 0 | 0.01 | -0.03 | 0.02 |
| Diluted EPS | 0.02 | 0 | 0 | -0.16 | -0.04 | — | -0 | 0.03 | 0 | 0.01 | -0.03 | 0.02 |
Annual history by fiscal year; click a table row below to chart a different metric.
Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|
| Market cap | — | 7.9B | 6.2B | — | 7B | 7.2B | 4.5B |
| Enterprise value | — | 9B | 6.9B | — | 7.7B | 7.6B | 6.6B |
| Shares outstanding | 594.5M | 594.5M | 543.6M | 607.8M | 617.9M | 610.8M | 610.8M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | 229.3 | 967 |
| P/S | — | 12.5 | 8.99 | — | 8.12 | 7.58 | 5.48 |
| P/B | — | 5.69 | 3.28 | — | 3.91 | 3.55 | 2.66 |
| EV/EBITDA | — | 46.7 | -320.1 | — | 36.4 | 35.1 | 31.1 |
| EV/Sales | — | 14.3 | 9.97 | — | 8.86 | 8.03 | 6.43 |
| Earnings yield | — | — | — | — | — | 0.44% | 0.1% |
| FCF yield | — | 0.93% | 1.44% | — | 2.77% | 3.22% | 6.18% |
| PEG | — | — | — | — | — | — | -29 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|
| Gross margin | 63.4% | 67% | 71.6% | 72.7% | 73.4% | 75.6% | 74.5% |
| Operating margin | 5.66% | 12.2% | -21% | 6.64% | 6.74% | 8.48% | 11.3% |
| Net margin | -34.1% | -2.67% | -36.2% | 4.91% | -10.4% | 3.31% | -0.28% |
| ROE | — | -1.22% | -13.2% | 1.86% | -5.01% | 1.55% | -0.01% |
| ROA | — | -0.53% | -7.69% | 1.15% | -2.95% | 0.98% | 1.51% |
| ROIC | — | 3.03% | -5.66% | 1.55% | 2.4% | 2.31% | 2.02% |
| Return on tangible assets | — | 0.71% | 11.7% | -2.05% | 4.96% | -2.05% | -0.24% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|
| Current ratio | — | 2.24 | 2.36 | 3.16 | 2.29 | 3.65 | 1.52 |
| Quick ratio | — | 2.24 | 2.36 | 3.16 | 2.29 | 3.65 | 1.38 |
| Debt / equity | — | 0.95 | 0.45 | 0.41 | 0.46 | 0.41 | 0.52 |
| Debt / assets | — | 0.41 | 0.26 | 0.25 | 0.27 | 0.26 | 0.3 |
| Net debt / EBITDA | — | 5.97 | -31.3 | 2.87 | 3.02 | 1.96 | 4.89 |
| Interest coverage | -2.1 | 0.72 | -3.66 | 2.28 | -0.33 | 1.69 | 0.98 |
| Effective tax rate | 0% | 0% | 0% | 23% | 0% | 29.5% | 0% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|
| Revenue per share | 1.04 | 1.06 | 1.27 | 1.29 | 1.4 | 1.55 | 1.63 |
| EPS (basic) | -0.35 | -0.03 | -0.46 | 0.06 | -0.15 | 0.04 | 0.04 |
| EPS (diluted) | -0.35 | -0.03 | -0.46 | 0.06 | -0.15 | 0.04 | -0.01 |
| Book value per share | — | 2.33 | 3.47 | 3.39 | 2.91 | 3.31 | 3.29 |
| FCF per share | 0.08 | 0.12 | 0.16 | 0.25 | 0.32 | 0.38 | 0.34 |
| Cash per share | — | 0.27 | 0.34 | 0.53 | 0.32 | 0.65 | 0.15 |
| Capex per share | 0.03 | 0.05 | 0.07 | — | — | — | — |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | Current |
|---|---|---|---|---|---|---|---|
| Capex / revenue | 3.32% | 4.76% | 5.57% | — | — | — | — |
| Capex / operating cash flow | -12.4% | 35.1% | 79.5% | — | — | — | — |
| Payout ratio | 0% | 0% | -108.1% | 0% | 0% | — | 0% |
| Dividend yield | — | 0% | 4.35% | — | 0% | — | — |
| $633.1M |
| — |
| FY19 | — | -$0.35 | — | — | $616.1M | — |
| Q4 23 |
|---|
| Q1 24 |
|---|
| Q2 24 |
|---|
| Q3 24 |
|---|
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Revenue | $198.7M | $204.1M | $204.9M | $211.7M | $221.1M | $228.6M | $227.2M | $232.6M | $238.5M | $246.5M | $251.6M | $260.5M |
| YoY change | +12.5% | +9.1% | +9.69% | +9.82% | +11.3% | +12% | +10.9% | +9.88% | +7.84% | +7.81% | +10.7% | +12% |
What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.
Click a row to chart it; unreported figures show a dash.
| Period | FY20 | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|---|
| Cash & short-term investments | 162.1M | 182.5M | 323.8M | 195.6M | 399M |
| Receivables | 74.1M | 78.8M | 98.4M | 102.4M | 106.6M |
| Inventory | — | — | — | — | — |
| Total current assets | 281.8M | 322.9M | 479.1M | 350M | 564.6M |
| Property, plant & equipment | 96.5M | 168.2M | 174.4M | 186M | 196.9M |
| Goodwill & intangibles | 5.6B | 5.4B | 5.2B | 4.9B | 4.7B |
| Total assets | 3.2B | 3.2B | 3.4B | 3.1B | 3.2B |
| Accounts payable | 13.2M | 12.9M | 27.6M | 16.3M | 18.4M |
| Short-term debt | 25.4M | 16.1M | 13.5M | 14.8M | 15.7M |
| Total current liabilities | 125.7M | 136.6M | 151.6M | 152.9M | 154.8M |
| Long-term debt | 1.3B | 836.7M | 828.4M | 818.3M | 808.3M |
| Total liabilities | 1.8B | 1.4B | 1.3B | 1.3B | 1.2B |
| Shareholders' equity | 1.4B | 1.9B | 2.1B | 1.8B | 2B |
| Total debt | 1.3B | 852.8M | 841.9M | 833.1M | 823.9M |
| Net debt | 1.2B | 670.3M | 518.1M | 637.5M | 425M |
What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.
Click a row to chart it; unreported figures show a dash.
| Period | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 248.2M | 323.8M | 338.4M | 403.6M | 448.7M | 195.6M | 191.2M | 237.9M | 286.3M | 399M | 130.3M | 55.1M |
| Receivables | 98.2M | 98.4M | 92.3M | 96.1M | 117.8M | 102.4M | 102M | 120.9M | 129.6M | 106.6M | 99.6M | 132.4M |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 396.1M | 479.1M | 485M | 551.7M | 613.7M | 350M | 343.2M | 408.9M | 467.8M | 564.6M | 297.9M | 277.7M |
| Property, plant & equipment | 177.5M | 174.4M | 177.9M | 180.3M | 184.3M | 186M | 190.4M | 201.3M | 203.1M | 196.9M | 205.6M | 202.7M |
| Goodwill & intangibles | 5.3B | 5.2B | 5.2B | 5B | 4.9B | 4.9B | 4.8B | 4.8B | 4.7B | 4.7B | 6.1B | 6B |
| Total assets | 3.3B | 3.4B | 3.3B | 3.3B | 3.3B | 3.1B | 3B | 3.1B | 3.1B | 3.2B | 3.6B | 3.6B |
| Accounts payable | 14.6M | 27.6M | 15.8M | 19.1M | 18.2M | 16.3M | 23.7M | 21M | 21.8M | 18.4M | 23.8M | 18M |
| Short-term debt | 11.7M | 13.5M | 14.8M | 15M | 14.9M | 14.8M | 15.1M | 15.1M | 15.7M | 15.7M | 17.5M | 41.4M |
| Total current liabilities | 143.6M | 151.6M | 124.8M | 135.4M | 148.6M | 152.9M | 135.8M | 146.6M | 146.8M | 154.8M | 193.8M | 200.5M |
| Long-term debt | 833.9M | 828.4M | 825.8M | 823.2M | 820.8M | 818.3M | 815.9M | 812.9M | 810.3M | 808.3M | 1B | 1B |
| Total liabilities | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B | 1.2B | 1.2B | 1.2B | 1.2B | 1.4B | 1.4B |
| Shareholders' equity | 2B | 2.1B | 2.1B | 2B | 2.1B | 1.8B | 1.8B | 1.9B | 2B | 2B | 2.2B | 2.1B |
| Total debt | 845.6M | 841.9M | 840.6M | 838.3M | 835.7M | 833.1M | 831.1M | 828M | 826M | 823.9M | 1B | 1.1B |
| Net debt | 597.4M | 518.1M | 502.3M | 434.7M | 387M | 637.5M | 639.9M | 590.1M | 539.7M | 425M | 917.5M | 1B |
Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.
Click a row to chart it; unreported figures show a dash.
| Period | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|---|---|
| Net income | -210.3M | -16.9M | -248.9M | 38.4M | -90.1M | 31.2M |
| Depreciation & amortization | 127.5M | 116.4M | 123.1M | 127.1M | 135.3M | 123.7M |
| Stock-based compensation | 7.1M | 11.3M | 262M | 109.5M | 144.5M | 171M |
| Change in working capital | -10M | -19.5M | -52.2M | -18.5M | -2M | -5.8M |
| Operating cash flow | -164.5M | 85.7M | 48.2M | 228M | 145.3M | 291.9M |
| Capital expenditure | -20.5M | -30.1M | -38.3M | — | — | — |
| Investing cash flow | -20.9M | -30.1M | -48.5M | -28.3M | 0 | 0 |
| Dividends paid | 0 | 0 | -269.2M | 0 | 0 | — |
| Share repurchases | -148K | 0 | 0 | 0 | -328.5M | 0 |
| Financing cash flow | -10.1M | -69.2M | -63.5M | -13M | -353.2M | -66.5M |
| Net change in cash | -195.5M | -13.6M | -63.9M | 186.6M | -207.8M | 225.4M |
| Free cash flow | 45.7M | 73.3M | 89M | 152M | 195M | 230.9M |
Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.
Click a row to chart it; unreported figures show a dash.
| Period | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | 9.8M | 1.1M | 2.2M | -97.3M | -21.2M | 26.3M | -597K | 21.4M | 4.1M | 6.3M | -17.4M | 13M |
| Depreciation & amortization | 31.5M | 32.6M | 34M | 33.4M | 34.6M | 33.4M | 34M | 29.8M | 28.5M | 31.5M | 36.5M | 36.7M |
| Stock-based compensation | 28.7M | 28.7M | 29.2M | 35.5M | 39.8M | 40M | 45M | 40.1M | 42.1M | 43.8M | 61M | 46M |
| Change in working capital | -30.4M | -7.4M | -2.7M | 4M | -8.5M | 5.3M | 18.4M | -30.7M | -6.5M | 13M | 6.5M | -61M |
| Operating cash flow | 31.8M | 74.7M | 57.4M | -40.7M | 28.2M | 100.4M | 85.3M | 48.4M | 60.7M | 97.5M | 73.7M | 28.7M |
| Capital expenditure | -13.4M | — | -14.5M | -14.6M | -14.1M | — | — | — | — | — | — | — |
| Investing cash flow | -13.4M | 0 | -14.5M | -14.6M | -14.1M | 0 | — | — | — | — | -415.1M | 0 |
| Dividends paid | 0 | 0 | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | -72.3M | -100.2M |
| Financing cash flow | -2M | -2M | -13.4M | -2.1M | -6.9M | -2.3M | -54.6M | -2.1M | -7.5M | -2.4M | 100.2M | -103.6M |
| Net change in cash | 16.4M | 72.6M | 29.4M | -57.3M | 7.2M | 98.2M | 30.7M | 46.3M | 53.3M | 95.1M | -241.2M | -74.9M |
| Free cash flow | 17.4M | 72.4M | 18.5M | 55M | 46.4M | 75M | 39.6M | 36.2M | 49.4M | 105.7M | 43.6M | 27.4M |