Q1 2019 Earnings

Technology Communication Equipment

Income Statement

Revenue

$779M+20.5% YoY

Gross Profit

$296M38.1% margin

Operating Income

$52M6.7% margin

Net Income

$34M4.3% margin

EPS (Diluted)

$0.21

QoQ Revenue Growth

-13.4%

Cash Flow

Operating Cash Flow

-$14M

Free Cash Flow

-$29M

Stock-Based Comp.

$14M

Balance Sheet

Total Assets

$3.6B

Total Liabilities

$1.6B

Stockholders' Equity

$2.1B

Cash & Equivalents

$669M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$779M	$646M	+20.5%
Gross Profit	$296M	$252M	+17.6%
Operating Income	$52M	$23M	+127.6%
Net Income	$34M	-$473M	+107.1%

Revenue Segments

Converged Packet Optical

$549M71%

Packet Networking

$72M9%

Maintenance Support And Training

$61M8%

Platform Software and Services

$42M5%

Installation And Deployment

$31M4%

Blue Planet Automation Software and Services

$15M2%

Consulting And Network Design

$9M1%

Geographic Segments

Americas

$486M62%

Asia Pacific and India

$133M17%

EMEA

$129M17%

Caribbean and Latin America

$31M4%