Financial Summary (All financials)
In millions, except per share items | Jun-30-23 | Jun-30-22 | Jun-30-21 | Jun-30-20 | Jun-30-19 | Jun-30-18 | Jun-30-17 | Jun-30-16 |
Revenues | 1,312.5 | 1,112.3 | 1,009.4 | 948.0 | 995.8 | 983.1 | 607.1 | 519.8 |
Revenue growth | 18.0% | 10.2% | 6.5% | -4.8% | 1.3% | 61.9% | 16.8% | -6.0% |
Cost of goods sold | 570.7 | 499.1 | 450.5 | 457.0 | 464.2 | 465.5 | 283.1 | 269.8 |
Gross profit | 741.8 | 613.2 | 558.9 | 491.0 | 531.6 | 517.6 | 323.9 | 250.0 |
Gross margin | 56.5% | 55.1% | 55.4% | 51.8% | 53.4% | 52.7% | 53.4% | 48.1% |
Sales and marketing | 336.9 | 294.5 | 276.8 | 283.6 | 285.3 | 267.1 | 162.6 | 149.9 |
Research and development | | | | 209.6 | 210.1 | 183.9 | 93.7 | 78.7 |
General and administrative | | | | 61.0 | 55.6 | 51.0 | 37.9 | 37.7 |
EBITA | 86.1 | 52.6 | 14.2 | -9.6 | 19.8 | 41.3 | 34.9 | 3.5 |
EBITA margin | 6.6% | 4.7% | 1.4% | -1.0% | 2.0% | 4.2% | 5.7% | 0.7% |
Amortization of intangibles | | | | 35.2 | 26.0 | 25.6 | 15.7 | 32.4 |
EBIT | 86.1 | 52.6 | 14.2 | -44.8 | -6.2 | 15.7 | 19.1 | -28.9 |
EBIT margin | 6.6% | 4.7% | 1.4% | -4.7% | -0.6% | 1.6% | 3.2% | -5.6% |
Pre-tax income | 94.1 | 52.2 | 10.2 | -120.5 | -25.9 | -46.6 | 2.6 | -32.0 |
Income taxes | 16.0 | 7.9 | 8.2 | 6.4 | 0.0 | 0.1 | 4.3 | 4.3 |
Tax rate | 17.0% | 15.2% | 81.0% | | 0.1% | | 167.2% | |
Net income | 78.1 | 44.3 | 1.9 | -126.8 | -25.9 | -46.8 | -1.7 | -36.4 |
Net margin | 5.9% | 4.0% | 0.2% | -13.4% | -2.6% | -4.8% | -0.3% | -7.0% |
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Diluted EPS | $0.58 | $0.33 | $0.02 | ($1.06) | ($0.22) | ($0.41) | ($0.02) | ($0.35) |
Shares outstanding (diluted) | 133.6 | 133.5 | 127.7 | 119.8 | 118.0 | 114.2 | 108.3 | 103.1 |
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EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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