Fourth Quarter 2022 Business Outlook
The company expects revenue in the fourth quarter 2022 to be approximately $285 million to $295 million. The Company also estimates the following:
- GAAP gross margin of approximately 55.5% to 58.5%;
- Non-GAAP gross margin of approximately 59% to 62%;
- GAAP operating expenses of approximately $114 million to $120 million;
- Non-GAAP operating expenses of approximately $77 to $83 million; and
- GAAP and non-GAAP interest and other expense of approximately $5 million.
