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Recent News + Filings   (All items)

Financial Summary   (All financials)
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17
Revenues454.3357.6206.1156.4100.253.5
            Revenue growth27.0%73.5%31.8%56.1%87.4% 
Cost of goods sold73.553.630.820.215.19.1
Gross profit380.8304.0175.3136.185.144.4
            Gross margin83.8%85.0%85.0%87.1%85.0%83.1%
Sales and marketing160.6119.486.566.844.628.5
Research and development12.49.59.55.74.22.6
General and administrative9.98.46.44.04.84.4
EBIT197.9167.572.859.623.59.0
            EBIT margin43.6%46.8%35.3%38.1%23.5%16.7%
Pre-tax income201.5168.076.162.023.69.8
Income taxes39.92.91.10.91.31.0
            Tax rate19.8%1.7%1.5%1.4%5.3%10.0%
Net income161.5165.075.061.122.48.8
            Net margin35.6%46.1%36.4%39.1%22.3%16.5%
 
Diluted EPS$1.89$1.92$0.89$0.80$0.64$0.30
Shares outstanding (diluted)85.486.084.276.135.029.7
 
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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