In millions, except per share items | Jun-30-23 | Mar-31-23 | Dec-31-22 | Sep-30-22 | Jun-30-22 | Mar-31-22 | Dec-31-21 | Sep-30-21 |
| 10-Q | 10-Q | 10-K | 10-Q | 10-Q | 10-Q | 10-K | 10-Q |
Revenues: |
Products | 182.2 | 187.5 | 190.2 | 189.3 | 170.3 | 135.2 | 106.0 | 59.4 |
EMEA | 58.5 | 55.6 | 55.1 | 45.3 | 40.3 | 31.1 | 24.1 | 16.7 |
Revenue recognized at a point in time | 182.2 | 187.5 | 190.2 | 189.3 | 170.3 | 135.2 | 106.0 | 59.4 |
Total revenues | 202.2 | 206.6 | 209.0 | 205.1 | 183.5 | 144.8 | 112.4 | 64.1 |
Revenue growth [+] | 10.2% | 42.7% | 86.0% | 220.1% | 345.5% | 493.5% | 582.5% | 85.6% |
Products | 7.0% | 38.7% | 79.5% | 218.5% | 355.7% | 533.5% | 672.7% | |
EMEA | 45.4% | 78.5% | 128.8% | 170.6% | 239.5% | 258.9% | 209.4% | |
Revenue recognized at a point in time | 7.0% | 38.7% | 79.5% | 218.5% | 355.7% | 533.5% | 672.7% | |
APAC | 32.5% | 37.8% | 44.0% | 132.5% | 110.2% | 262.8% | 512.3% | |
Cost of goods sold | 189.5 | 191.6 | 194.0 | 185.8 | 159.9 | 127.2 | 94.1 | 60.0 |
Gross profit | 12.7 | 15.0 | 15.1 | 19.3 | 23.6 | 17.6 | 18.3 | 4.1 |
Gross margin | 6.3% | 7.3% | 7.2% | 9.4% | 12.8% | 12.1% | 16.3% | 6.4% |
Selling, general and administrative [+] | 128.7 | 135.4 | 151.2 | 168.4 | 166.3 | 150.3 | 126.0 | 89.3 |
Sales and marketing | 48.0 | 58.0 | 68.1 | 74.7 | 71.7 | 62.2 | 48.0 | 32.7 |
General and administrative | 80.7 | 77.4 | 83.1 | 93.7 | 94.6 | 88.1 | 78.0 | 56.6 |
Research and development | 85.3 | 95.4 | 96.9 | 100.7 | 97.6 | 81.9 | 68.1 | 57.6 |
Other operating expenses | | | | | | | | 25.6 |
EBITDA [+] | -149.1 | -164.5 | -182.2 | -202.2 | -214.6 | -206.3 | -176.6 | -150.7 |
EBITDA growth | -30.5% | -20.3% | 3.2% | 34.2% | 94.1% | 128.4% | 111.6% | -5.2% |
EBITDA margin | -73.7% | -79.6% | -87.2% | -98.6% | -117.0% | -142.5% | -157.1% | -235.1% |
Depreciation | 12.0 | 12.0 | 12.1 | 12.7 | 10.6 | 8.9 | 7.3 | 6.1 |
EBITA | -161.1 | -176.5 | -194.3 | -214.9 | -225.2 | -215.2 | -183.9 | -156.8 |
EBITA margin | -79.7% | -85.4% | -93.0% | -104.7% | -122.7% | -148.6% | -163.6% | -244.7% |
Amortization of intangibles | 40.1 | 39.3 | 38.7 | 34.9 | 30.3 | 25.0 | 17.5 | 11.5 |
EBIT [+] | -201.2 | -215.8 | -233.0 | -249.8 | -255.5 | -240.2 | -201.5 | -168.3 |
EBIT growth | -21.2% | -10.2% | 15.6% | 48.4% | 105.8% | 139.0% | 118.8% | -3.1% |
EBIT margin | -99.5% | -104.4% | -111.5% | -121.8% | -139.3% | -165.9% | -179.2% | -262.6% |
Non-recurring items [+] | | | 498.8 | | 229.5 | | | |
Asset impairment | | | 498.8 | | 229.5 | | | |
Interest expense, net [+] | 3.1 | 2.6 | 1.7 | 1.3 | 0.6 | 0.0 | 0.1 | 0.2 |
Interest expense | 3.1 | 2.6 | 1.8 | 1.3 | 0.7 | | 0.1 | 0.2 |
Interest income | | | | | | 0.0 | | |
Other income (expense), net | -1.7 | -6.7 | -8.3 | -17.1 | -19.2 | -13.9 | -68.4 | -3.3 |
Pre-tax income | -475.3 | -723.8 | -741.8 | -497.7 | -504.9 | -254.2 | -270.0 | -171.9 |
Income taxes | 0.2 | -0.8 | -1.5 | 1.5 | 0.4 | -3.0 | -29.7 | -33.7 |
Tax rate | | 0.1% | | | -0.1% | 1.2% | | 19.6% |
Net income | -475.5 | -723.0 | -740.3 | -499.2 | -505.3 | -251.2 | -240.3 | -138.2 |
Net margin | -235.1% | -349.9% | -354.2% | -243.3% | -275.4% | -173.5% | -213.8% | -215.5% |
|
Basic EPS [+] | ($1.50) | ($2.29) | ($2.36) | ($1.66) | ($1.76) | ($0.92) | ($0.95) | ($0.61) |
Growth | -15.1% | 148.0% | 148.8% | 174.0% | 293.9% | 131.1% | 340.3% | -44.6% |
Diluted EPS [+] | ($1.50) | ($2.29) | ($2.36) | ($1.66) | ($1.76) | ($0.92) | ($0.95) | ($0.61) |
Growth | -15.1% | 148.0% | 148.8% | 174.0% | 293.9% | 131.1% | 340.3% | -44.6% |
|
Shares outstanding (basic) [+] | 317.9 | 315.9 | 314.1 | 300.6 | 286.7 | 272.1 | 253.7 | 228.0 |
Growth | 10.9% | 16.1% | 23.8% | 31.9% | 41.4% | 52.4% | 60.5% | 46.0% |
Shares outstanding (diluted) [+] | 317.9 | 315.9 | 314.1 | 300.6 | 286.7 | 272.1 | 253.7 | 228.0 |
Growth | 10.9% | 16.1% | 23.8% | 31.9% | 41.4% | 52.4% | 60.5% | 46.0% |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |