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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-31-19
Revenues101.374.032.924.0
            Revenue growth36.9%124.8%37.4% 
Cost of goods sold186.2194.7120.6203.7
Gross profit-84.9-120.7-87.7-179.8
            Gross margin-83.8%-163.1%-266.4%-750.5%
Selling, general and administrative159.7131.274.073.5
Research and development70.393.568.874.9
EBIT-331.8-345.4-230.5-328.2
            EBIT margin-327.5%-466.7%-700.0%-1369.9%
Pre-tax income-336.9-343.4-249.7-312.1
Income taxes0.1-0.40.00.1
            Tax rate 0.1%  
Net income-337.1-343.0-249.7-312.1
            Net margin-332.7%-463.4%-758.4%-1302.9%
 
Diluted EPS($1.56)($1.97)($148.81)($198.66)
Shares outstanding (diluted)215.6173.71.71.6
 
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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