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 23 | -$0.03 | $0.04 | +233.3% | — | — | — |
| Q1 23 | — | -$0.13 | — | — | $55.5M | — |
| Q4 22 | — | -$0.06 | — | — | $96.6M | — |
| Q3 22 | — | $0.02 | — | — | $94.6M | — |
| Q2 22 | -$0.21 | $0.28 | +233.3% | — | $81.7M | — |
| Q1 22 | — | $0.14 | — | — | $49.6M | — |
| Q4 21 | -$4.8 | $9.56 | +299.2% | — | $116.3M | — |
| Q3 21 | -$15.1 | -$12.9 | +14.6% | — | $84.9M | — |
| Q2 21 | -$15.6 | -$15.1 | +3.1% | — | $72.1M | — |
| Q1 21 | -$0.09 | -$0.31 | -244.4% | — | $43.5M | — |
| Q3 20 | -$8 | -$4.58 | +42.8% | — | $123.5M | — |
| Q2 20 | -$22.4 | -$32.7 | -45.9% | — | $76.7M | — |
| Q1 20 | -$37.2 | -$40.6 | -9.1% | — | $65.2M | — |
| Q4 19 | $0.32 | $0.24 | -25.0% | — | $322.8M | — |
| Q3 19 | — | -$50.7 | — | — | $130.9M | — |
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 % |
|---|---|---|---|---|---|---|
| FY25 | — | $0.28 | — | — | $227.9M | — |
| FY24 | — | -$3.25 | — | — | $231.1M | — |
| FY23 | — | -$2.15 | — | — | $340.2M | — |
| FY22 | — | $0.53 | — | — | $45.3M | — |
| FY21 | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $120.5M | $299.1M | $655.6M | $386.8M | $316.8M | $45.3M | $340.2M | $231.1M | $227.9M |
| YoY change | — | +148.2% | +119.2% | -41% | -18.1% | -85.7% | +650.9% | -32.1% | -1.36% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 120.5M | 299.1M | 655.6M | 386.8M | 316.8M | 45.3M | 340.2M | 231.1M | 227.9M |
| Cost of revenue | 60.7M | 140.3M | 380.3M | 261.4M | 128.8M | 19.4M | 158.2M | 118.7M | 96.4M |
| Gross profit | 59.8M | 158.8M | 275.3M | 125.4M | 187.9M | 25.9M | 182M | 112.3M | 131.5M |
| Gross margin | 49.6% | 53.1% | 42% | 32.4% | 59.3% | 57.3% | 53.5% | 48.6% | 57.7% |
| Research & development | 6.4M | 22.1M | 35.8M | 38.2M | 47.5M | 7.7M | 41.7M | 14.4M | 12.7M |
| Selling, general & administrative | 42.3M | 91.1M | 262.4M | 353.1M | 234.5M | 24.5M | 234.6M | 175.7M | 108.8M |
| Operating expenses | 47.6M | 109.9M | 297.7M | 381.2M | 278.7M | 31.7M | 275.1M | 189.6M | 121.3M |
| Operating income | 11M | 48.9M | -22.4M | -255.8M | -90.8M | -5.8M | -93.1M | -77.3M | 10.2M |
| Operating margin | 9.14% | 16.4% | -3.41% | -66.1% | -28.7% | -12.7% | -27.4% | -33.4% | 4.47% |
| Non-operating income, net | 818K | 6.4M | 16.4M | -19.8M | 295K | 9M | 3.8M | -63.5M | 1.3M |
| Pretax income | 11.8M | 55.3M | -6M | -275.6M | -90.5M | 3.2M | -89.3M | -140.7M | 11.4M |
| Income tax | 3.9M | 14.8M | 19.9M | 3.8M | 102K | 50.7K | -42K | 64K | 21K |
| Net income | 7.9M | 40.5M | -25.9M | -279.3M | -90.6M | 3.2M | -89.2M | -140.8M | 11.4M |
| Net margin | 6.57% | 13.5% | -3.95% | -72.2% | -28.6% | 7.02% | -26.2% | -60.9% | 5.01% |
| EBITDA | 11.1M | 41.2M | -33.7M | -250.7M | -75.1M | -11.5M | -76.4M | -5.8M | 19.3M |
| EPS | 0.14 | -2.15 | -57.7 | -6.88 | -2.17 | 0.53 | -2.15 | -3.25 | 0.28 |
| Diluted EPS | 0.14 | -2.15 | -57.7 | -6.88 | -2.17 | 0.53 | -2.15 | -3.25 | 0.28 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q2 21 | Q3 21 | Q4 21 | Q1 22 | Q2 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q4 25 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 72.1M | 84.9M | 116.3M | 49.6M | 81.7M | 94.6M | 96.6M | 55.5M | 84.4M | 97M | 14.5M | — |
| Cost of revenue | 30.7M | 37.3M | 40.7M | 23.9M | 30.8M | 35.5M | 47.6M | 32.4M | 37.6M | 42.3M | 6.4M | — |
| Gross profit | 41.4M | 47.6M | 75.6M | 25.7M | 50.9M | 59.1M | 48.9M | 23.1M | 46.7M | 54.6M | 8.1M | — |
| Gross margin | 57.4% | 56.1% | 65% | 51.8% | 62.3% | 62.4% | 50.7% | 41.6% | 55.4% | 56.3% | 55.7% | — |
| Research & development | 12M | 13.9M | 12.6M | 13.8M | 13.4M | 13.4M | 14.5M | 15.5M | 13.6M | 8.3M | 610.6K | — |
| Selling, general & administrative | 63.3M | 66.4M | 48.9M | 19.7M | 51.2M | 48.7M | 54.5M | 48.2M | 51.5M | 69.2M | 9.2M | — |
| Operating expenses | 74.9M | 80.1M | 60.7M | 32.7M | 62.9M | 61.2M | 68.9M | 63.2M | 64.8M | 77.3M | 9.8M | — |
| Operating income | -33.5M | -32.5M | 14.9M | -6.9M | -12M | -2.1M | -20M | -40M | -18.1M | -22.7M | -1.7M | — |
| Operating margin | -46.5% | -38.2% | 12.8% | -14% | -14.7% | -2.25% | -20.7% | -72.1% | -21.4% | -23.4% | -11.9% | — |
| Non-operating income, net | -760K | 1.2M | 643K | 39.6M | 21.1M | 4.8M | -1.3M | 769K | 4.5M | 3.8M | -735.8K | — |
| Pretax income | -34.3M | -31.3M | 15.5M | 32.6M | 9M | 2.7M | -21.3M | -39.3M | -13.6M | -18.9M | -2.5M | — |
| Income tax | 1K | 14K | 93K | -5K | 10K | 166K | 190K | -235K | 45K | 17K | 18.4K | — |
| Net income | -34.3M | -31.3M | 15.4M | 32.6M | 9M | 2.5M | -21.5M | -39M | -13.7M | -18.9M | -2.5M | — |
| Net margin | -47.6% | -36.8% | 13.3% | 65.8% | 11.1% | 2.63% | -22.3% | -70.3% | -16.2% | -19.5% | -17.1% | — |
| EBITDA | -34M | -33M | 14.3M | -45.6M | -31M | -2.6M | -17.9M | -40.4M | -18.5M | -26.3M | -629.3K | — |
| EPS | -0.82 | -0.75 | 0.36 | 0.8 | 0.2 | 0.05 | -0.5 | -0.93 | -0.33 | -0.45 | -0.45 | 0.05 |
| Diluted EPS | -0.82 | -0.75 | 0.36 | 0.8 | 0.2 | 0.05 | -0.5 | -0.93 | -0.33 | -0.45 | -0.45 | 0.05 |
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 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|
| Shares outstanding | 271.8M | 271.8M | 106.8M | 295.6M | 298.7M | 5.8M | 41.7M | 42.2M | 42.3M | 42.3M |
| Metric | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 49.6% | 53.1% | 42% | 32.4% | 59.3% | 57.3% | 53.5% | 48.6% | 57.7% | 57.7% |
| Operating margin | 9.14% | 16.4% | -3.41% | -66.1% | -28.7% | -12.7% | -27.4% | -33.4% | 4.47% | 4.47% |
| Net margin | 6.57% | 13.5% | -3.95% | -72.2% | -28.6% | 7.02% | -26.2% | -60.9% | 5.01% | 5.01% |
| ROE | -1.92% | -8.34% | -4.02% | -71.8% | -29.5% | 6.55% | -34.1% | -119.1% | 8.85% | 8.85% |
| ROA | 3.57% | 9.75% | -2.84% | -48.3% | -18.1% | 3.96% | -19.4% | -51% | 3.84% | 3.84% |
| ROIC | -1.32% | -5.26% | -5.88% | -123.4% | -80.3% | -18.6% | -48.8% | -137.6% | 15.8% | 15.8% |
| Return on tangible assets | 3.57% | 9.76% | -2.85% | -48.3% | -18.1% | 3.97% | -19.5% | -51.2% | 3.86% | 3.86% |
| Metric | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 4.87 | 4.72 | 3.18 | 2.99 | 2.28 | 1.9 | 1.6 | 1.2 | 1.21 | 1.21 |
| Quick ratio | 4.87 | 4.72 | 3.18 | 2.99 | 2.28 | 1.9 | 1.6 | 1.2 | 1.21 | 1.21 |
| Debt / equity | — | — | 0 | 0.07 | 0.07 | 0.16 | 0.17 | 0.25 | 0.31 | 0.31 |
| Debt / assets | — | — | 0 | 0.05 | 0.04 | 0.1 | 0.1 | 0.11 | 0.13 | 0.13 |
| Net debt / EBITDA | — | — | 7.82 | 0.72 | 2.58 | 1.58 | 0.93 | 10.7 | -3.35 | -3.35 |
| Interest coverage | 59.5 | 504.2 | — | — | — | — | — | — | — | — |
| Effective tax rate | 33% | 26.8% | 0% | 0% | 0% | 1.57% | 0% | 0% | 0.18% | 0.18% |
| Metric | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0.44 | 1.1 | 6.14 | 1.31 | 1.06 | 7.79 | 8.15 | 5.48 | 5.38 | 5.38 |
| EPS (basic) | 0.14 | -2.15 | -57.7 | -6.88 | -2.17 | 0.53 | -2.15 | -3.25 | 0.28 | 0.28 |
| EPS (diluted) | 0.14 | -2.15 | -57.7 | -6.88 | -2.17 | 0.53 | -2.15 | -3.25 | 0.28 | 0.28 |
| Book value per share | -1.51 | -1.79 | 6.03 | 1.32 | 1.03 | 8.35 | 6.28 | 2.8 | 3.05 | 3.05 |
| FCF per share | -0.04 | -0.23 | -1.53 | -0.07 | 0.65 | -0.16 | -3.06 | -0.79 | 0.45 | 0.45 |
| Cash per share | 0.54 | 0.72 | 2.47 | 0.71 | 0.72 | 4.47 | 2.8 | 2.17 | 2.46 | 2.46 |
| Capex per share | 0 | 0.06 | 0.04 | 0.01 | 0.01 | 0.03 | — | — | — | — |
| Metric | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 0.33% | 5.48% | 0.71% | 0.57% | 0.55% | 0.33% | — | — | — | — |
| Capex / operating cash flow | -1.14% | -23.3% | -2.73% | -1.21% | 0.94% | 1.66% | — | — | — | — |
| -$2.17 |
| — |
| — |
| $316.8M |
| — |
| FY20 | — | -$6.88 | — | — | $386.8M | — |
| FY19 | — | -$57.7 | — | — | $655.6M | — |
| FY18 | — | -$2.15 | — | — | $299.1M | — |
| FY17 | — | $0.14 | — | — | $120.5M | — |
| Period | Q2 21 | Q3 21 | Q4 21 | Q1 22 | Q2 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q4 25 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $72.1M | $84.9M | $116.3M | $49.6M | $81.7M | $94.6M | $96.6M | $55.5M | $84.4M | $97M | $14.5M | — |
| YoY change | -6% | -31.2% | -4.25% | +13.9% | +13.4% | +11.5% | -17% | +11.9% | +3.25% | +2.49% | -85% | — |
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 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 148M | 194.4M | 263.7M | 209.2M | 216.1M | 26M | 117M | 91.7M | 104.2M |
| Receivables | 62.8M | 182.3M | 538.5M | 304.8M | 180.2M | 27.7M | 139.4M | 65.6M | 61.8M |
| Inventory | — | — | — | — | — | — | — | — | — |
| Total current assets | 218.1M | 399.4M | 849.2M | 530.5M | 442.5M | 56.1M | 272.5M | 175.4M | 189.9M |
| Property, plant & equipment | 532K | 15.5M | 16M | 31.3M | 17M | 4.7M | 7.4M | 5.8M | 4M |
| Goodwill & intangibles | 0 | 255K | 356K | 471K | 808K | 175.4K | 2.1M | 1.5M | 1.2M |
| Total assets | 221.7M | 415.4M | 910.8M | 578.5M | 501.7M | 80.3M | 459M | 276.2M | 297.5M |
| Accounts payable | 10.5M | 20.3M | 139.3M | 64.6M | 56.3M | 7.5M | 60.4M | 59.8M | 46.7M |
| Short-term debt | — | — | — | 15.1M | 21.3M | 5.8M | 18.9M | 17.9M | 28M |
| Total current liabilities | 44.8M | 84.7M | 266.9M | 177.1M | 193.9M | 29.5M | 170.1M | 146.2M | 157M |
| Long-term debt | — | — | 0 | 12.4M | 586K | 2.1M | 26.8M | 11.7M | 11.4M |
| Total liabilities | 633.4M | 901M | 266.9M | 189.6M | 194.5M | 31.7M | 197.1M | 157.9M | 168.4M |
| Shareholders' equity | -411.7M | -485.6M | 643.9M | 389M | 307.3M | 48.5M | 261.9M | 118.2M | 129.1M |
| Total debt | — | — | 0 | 27.6M | 21.9M | 7.9M | 45.7M | 29.6M | 39.5M |
| Net debt | — | — | -177.4M | -33.3M | -75.1M | -12.1M | 4.3M | -7.2M | -62.8M |
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 | Q2 21 | Q3 21 | Q4 21 | Q1 22 | Q2 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q4 25 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 149.6M | 178M | 216.1M | 171.1M | 194.3M | 164M | 184.8M | 169.7M | 136.4M | 115.9M | 16.4M | 104.2M |
| Receivables | 225.3M | 203.5M | 180.2M | 184.3M | 163.7M | 211M | 197.5M | 138.6M | 156.9M | 147.3M | 19.5M | 61.8M |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 413.6M | 411M | 442.5M | 398.9M | 398.8M | 393M | 399.4M | 327.7M | 322M | 284M | 38.2M | 189.9M |
| Property, plant & equipment | 23.4M | 21.1M | 17M | 14.1M | 10.5M | 7.2M | 33.3M | 28.9M | 26.8M | 43.7M | 1M | 4M |
| Goodwill & intangibles | 692K | 839K | 808K | 778K | 1.1M | 1.3M | 1.2M | 1.2M | 1.2M | 1.2M | 291.5K | 1.2M |
| Total assets | 480.9M | 476M | 501.7M | 502M | 530.1M | 536.8M | 571.4M | 497.8M | 489.7M | 478.1M | 64.4M | 297.5M |
| Accounts payable | 46.6M | 48.4M | 56.3M | 43.1M | 46.7M | 45.5M | 53.5M | 45.1M | 43.1M | 49.9M | 8.5M | 46.7M |
| Short-term debt | 13.9M | 13.9M | 21.3M | 21.5M | 21.5M | 21.4M | 41.2M | 44.3M | 49.4M | 22.2M | 2.7M | 28M |
| Total current liabilities | 160.3M | 184.1M | 193.9M | 159.3M | 171.8M | 173M | 210.3M | 178M | 182.9M | 167.9M | 23.9M | 157M |
| Long-term debt | 6M | 3.5M | 586K | 625K | 588K | 236K | 15.1M | 11.3M | 8.7M | 29.5M | 3.8M | 11.4M |
| Total liabilities | 166.3M | 187.6M | 194.5M | 159.9M | 174.4M | 173.9M | 226M | 189.9M | 192M | 197.7M | 27.6M | 168.4M |
| Shareholders' equity | 314.6M | 288.4M | 307.3M | 342.1M | 355.7M | 362.9M | 345.4M | 307.9M | 297.8M | 280.4M | 36.7M | 129.1M |
| Total debt | 19.9M | 17.4M | 21.9M | 22.2M | 22.1M | 21.7M | 56.3M | 55.6M | 58.1M | 51.8M | 6.4M | 39.5M |
| Net debt | -70.3M | -66.5M | -75.1M | -106.2M | -113.4M | -80M | -86.2M | -54.1M | -40M | -14.2M | 598K | -62.8M |
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 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|
| Net income | 7.9M | 40.5M | -25.9M | -279.3M | -90.6M | 3.2M | -89.2M | -140.8M | 11.4M |
| Depreciation & amortization | 487K | 1.6M | 4.2M | 5.6M | 18.1M | 2.2M | 13.2M | 10.2M | 10.4M |
| Stock-based compensation | 4.9M | 5.1M | 91.2M | 39.3M | 15M | 2M | 4.7M | -178K | 13K |
| Change in working capital | -48.9M | -119.8M | -236.3M | 34.5M | 228.7M | -187.4K | -58.2M | 16.7M | -5M |
| Operating cash flow | -34.3M | -70.5M | -169.7M | -181.3M | 186.8M | 9M | -122.2M | -33M | 19M |
| Capital expenditure | -392K | -16.4M | -4.6M | -2.2M | -1.7M | -149.6K | — | — | — |
| Investing cash flow | -105.9M | -56M | 10M | -64.1M | -157.6M | 6.2M | 25.6M | 33M | 48.1M |
| Dividends paid | — | — | — | — | — | — | — | — | — |
| Share repurchases | 0 | 0 | -2.3M | -33.4M | -5.8M | 0 | 0 | — | — |
| Financing cash flow | 163M | 104.7M | 278.3M | -32.8M | 5M | 17.4K | -14.5M | -13.6M | -10.3M |
| Net change in cash | 22.8M | -21.8M | 118.7M | -278.3M | 34.2M | 15.2M | -111.1M | -13.6M | 56.9M |
| Free cash flow | -11.8M | -62.3M | -163.7M | -19.5M | 192.8M | -933.4K | -127.6M | -33.5M | 18.9M |