| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $225M | $186M | $153M | 21.1% | 47.8% |
| Op. Income | $125M | $86M | $81M | 45.9% | 54.2% |
| Gross Margin | 96.7% | 96.8% | 96.9% | -0.0pp | -0.2pp |
| Net Margin | 56.2% | 47.0% | 53.4% | 9.2pp | 2.8pp |
| EPS (Diluted) | $0.41 | $0.28 | $0.26 | 46.4% | 57.7% |
| Free Cash Flow | $149M | $63M | $37M | 138.8% | 306.6% |
| Item | Amount |
|---|---|
| REVENUE | $225M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $218M |
| R&D Expenses | $45M |
| Selling & Marketing | $0 |
| General & Administrative | $48M |
| SG&A Expenses | $48M |
| Other Expenses | $272.0K |
| Operating Expenses | $93M |
| Cost & Expenses | $100M |
| OPERATING INCOME | $125M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $129M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $127M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $127M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $127M |
| D&A | $2M |
| EBIT | $125M |
| EBITDA | $127M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $225M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $218M |
| R&D Expenses | $45M |
| Selling & Marketing | $0 |
| General & Administrative | $48M |
| SG&A Expenses | $48M |
| Other Expenses | $272.0K |
| Operating Expenses | $93M |
| Cost & Expenses | $100M |
| OPERATING INCOME | $125M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $129M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $127M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $127M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $127M |
| D&A | $2M |
| EBIT | $125M |
| EBITDA | $127M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $127M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$933.0K |
| Change in Working Capital | $27M |
| OPERATING CASH FLOW | $165M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$141M |
| Sales/Maturities of Investments | $93M |
| Other Investing Activities | $308.0K |
| NET CASH FROM INVESTING | -$63M |
| Net Debt Issuance | $304.0K |
| Common Stock Repurchased | -$229.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | $149M |
| Net Change in Cash | $105M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $354M |
| Short-Term Investments | $281M |
| Net Receivables | $129M |
| Inventory | $10M |
| Other Current Assets | $504.0K |
| TOTAL CURRENT ASSETS | $787M |
| PP&E (Net) | $57M |
| Goodwill | $64M |
| Intangible Assets | $0 |
| Long-Term Investments | $114M |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $237M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $9M |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $91M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $17M |
| TOTAL LIABILITIES | $108M |
| Common Stock | $299.0K |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | -$1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$513.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $916M |
| Minority Interest | $0 |
| TOTAL EQUITY | $916M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $13M |
| Net Debt | -$341M |
