Q2 2019 Earnings

Technology Communication Equipment

Income Statement

Revenue

$865M+18.5% YoY

Gross Profit

$348M40.2% margin

Operating Income

$86M9.9% margin

Net Income

$53M6.1% margin

EPS (Diluted)

$0.33

QoQ Revenue Growth

+11.1%

Cash Flow

Operating Cash Flow

$104M

Free Cash Flow

$84M

Stock-Based Comp.

$16M

Balance Sheet

Total Assets

$3.7B

Total Liabilities

$1.6B

Stockholders' Equity

$2.1B

Cash & Equivalents

$699M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$865M	$730M	+18.5%
Gross Profit	$348M	$275M	+26.4%
Operating Income	$86M	$37M	+132.7%
Net Income	$53M	$14M	+280.6%

Revenue Segments

Converged Packet Optical

$624M72%

Packet Networking

$73M8%

Maintenance Support And Training

$69M8%

Installation And Deployment

$41M5%

Platform Software and Services

$35M4%

Blue Planet Automation Software and Services

$12M1%

Consulting And Network Design

$10M1%

Geographic Segments

Americas

$576M67%

Asia Pacific and India

$135M16%

EMEA

$115M13%

Caribbean and Latin America

$39M5%