| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $337M | $305M | $279M | 10.5% | 21.1% |
| Op. Income | -$5M | $1M | -$1M | -435.5% | -236.2% |
| Gross Margin | 26.0% | 28.5% | 29.8% | -2.5pp | -3.9pp |
| Net Margin | -2.8% | -2.2% | -0.7% | -0.6pp | -2.1pp |
| EPS (Diluted) | $-0.30 | $-0.23 | $-0.07 | -30.4% | -306.0% |
| Free Cash Flow | -$33M | -$73M | $29M | 55.4% | -214.3% |
| Item | Amount |
|---|---|
| REVENUE | $337M |
| Cost of Revenue | $250M |
| GROSS PROFIT | $88M |
| R&D Expenses | $14M |
| Selling & Marketing | $12M |
| General & Administrative | $66M |
| SG&A Expenses | $79M |
| Other Expenses | $0 |
| Operating Expenses | $92M |
| Cost & Expenses | $342M |
| OPERATING INCOME | -$5M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | -$13M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $18M |
| EBIT | -$9M |
| EBITDA | $9M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | $203.0K |
| Change in Working Capital | -$29M |
| OPERATING CASH FLOW | -$23M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$149M |
| NET CASH FROM INVESTING | -$159M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $155M |
| NET CASH FROM FINANCING | $150M |
| FREE CASH FLOW | -$33M |
| Net Change in Cash | -$32M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $43M |
| Short-Term Investments | $0 |
| Net Receivables | $460M |
| Inventory | $120M |
| Other Current Assets | $86M |
| TOTAL CURRENT ASSETS | $709M |
| PP&E (Net) | $129M |
| Goodwill | $580M |
| Intangible Assets | $184M |
| Long-Term Investments | $0 |
| Tax Assets | $5M |
| Other Non-Current Assets | $126M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $1.7B |
| Account Payables | $130M |
| Short-Term Debt | $220M |
| Deferred Revenue | $78M |
| Other Current Liabilities | $96M |
| TOTAL CURRENT LIABILITIES | $524M |
| Long-Term Debt | $215M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $51M |
| TOTAL NON-CURRENT LIABILITIES | $266M |
| TOTAL LIABILITIES | $790M |
| Common Stock | $265M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $801M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$110M |
| Other Equity | -$13M |
| TOTAL STOCKHOLDERS' EQUITY | $943M |
| Minority Interest | $0 |
| TOTAL EQUITY | $943M |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $434M |
| Net Debt | $392M |
