| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $383M | $337M | $296M | 13.4% | 29.2% |
| Op. Income | $11M | -$5M | $12M | 323.0% | -10.5% |
| Gross Margin | 30.1% | 26.0% | 30.5% | 4.1pp | -0.4pp |
| Net Margin | 6.2% | -2.8% | 2.1% | 9.0pp | 4.1pp |
| EPS (Diluted) | $0.77 | $-0.30 | $0.23 | 356.7% | 234.8% |
| Free Cash Flow | -$12M | -$33M | -$34M | 63.1% | 64.3% |
| Item | Amount |
|---|---|
| REVENUE | $383M |
| Cost of Revenue | $268M |
| GROSS PROFIT | $115M |
| R&D Expenses | $12M |
| Selling & Marketing | $10M |
| General & Administrative | $82M |
| SG&A Expenses | $92M |
| Other Expenses | $0 |
| Operating Expenses | $104M |
| Cost & Expenses | $372M |
| OPERATING INCOME | $11M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | $11M |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $15M |
| EBIT | $28M |
| EBITDA | $43M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $383M |
| Cost of Revenue | $268M |
| GROSS PROFIT | $115M |
| R&D Expenses | $12M |
| Selling & Marketing | $10M |
| General & Administrative | $82M |
| SG&A Expenses | $92M |
| Other Expenses | $0 |
| Operating Expenses | $104M |
| Cost & Expenses | $372M |
| OPERATING INCOME | $11M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | $11M |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $15M |
| EBIT | $28M |
| EBITDA | $43M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $24M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$948.0K |
| Other Non-Cash Items | -$35M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$53M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $45M |
| NET CASH FROM INVESTING | -$21M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $40M |
| NET CASH FROM FINANCING | $40M |
| FREE CASH FLOW | -$12M |
| Net Change in Cash | $18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $63M |
| Short-Term Investments | $0 |
| Net Receivables | $463M |
| Inventory | $124M |
| Other Current Assets | $68M |
| TOTAL CURRENT ASSETS | $718M |
| PP&E (Net) | $137M |
| Goodwill | $579M |
| Intangible Assets | $175M |
| Long-Term Investments | $0 |
| Tax Assets | $5M |
| Other Non-Current Assets | $201M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $154M |
| Short-Term Debt | $242M |
| Deferred Revenue | $62M |
| Other Current Liabilities | $94M |
| TOTAL CURRENT LIABILITIES | $552M |
| Long-Term Debt | $235M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $62M |
| TOTAL NON-CURRENT LIABILITIES | $297M |
| TOTAL LIABILITIES | $849M |
| Common Stock | $269M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $825M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$112M |
| Other Equity | -$17M |
| TOTAL STOCKHOLDERS' EQUITY | $966M |
| Minority Interest | $0 |
| TOTAL EQUITY | $966M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $477M |
| Net Debt | $414M |
