Worldwide revenue of $208.9 million for the first quarter 2022, representing an increase of 125.8% from the prior year period
GAAP net income of $43.0 million for the first quarter 2022, compared to GAAP net income of $9.0 million in the prior year period
GAAP fully diluted net income of $0.61 for the first quarter 2022, compared to GAAP fully diluted net income of $0.13 in the prior year period; adjusted fully diluted EPS of $0.97 for the first quarter 2022, compared to adjusted fully diluted EPS of $0.05 in the prior year period
Net cash provided by operating activities was $10.3 million for the first quarter 2022. Free cash flow was $7.1 million in the first quarter 2022
The Company provides second quarter 2022 revenue and adjusted diluted earnings per share guidance; increases full year guidance
The Company updates its guidance for full year 2022 and offers the following guidance for the second quarter:
Q2 Guidance Issued April 29, 2022 | Previous Guidance Issued February 24, 2022 | |||
Q2 FY 2022 Revenue | $200 million - $215 million | N/A | ||
Q2 FY 2022 Adjusted Fully Diluted EPS | $0.67 - $0.73 | N/A | ||
FY Guidance Updated April 29, 2022 | FY Guidance Issued February 24, 2022 | |||
FY 2022 Revenue | $800 million - $835 million | $685 million - $710 million | ||
FY 2022 Adjusted Fully Diluted EPS | $2.90 - $3.15 | $1.95 - $2.05 |
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