2023 Fourth Quarter Outlook
The Company will discuss its full revenue guidance for the fourth quarter of 2023 during its upcoming conference call. The following table sets forth fourth quarter outlook for other measures.
| (In millions) | GAAP | Non-GAAP (1) | |||||||||
| Licensing billings (operational metric) (2) | $56 – $62 | $56 – $62 | |||||||||
| Product revenue (GAAP) | $52 – $58 | $52 – $58 | |||||||||
| Contract and other revenue (GAAP) | $17 – $23 | $17 – $23 | |||||||||
| Total operating costs and expenses | $88 – $84 | $73 – $69 | |||||||||
| Interest and other income (expense), net | $2 | $2 | |||||||||
| Diluted share count | 110 | 110 | |||||||||
