| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $253M | $240M | $231M | 5.3% | 9.3% |
| Op. Income | $5M | -$2M | $3M | 418.0% | 76.1% |
| Gross Margin | 55.3% | 54.2% | 54.6% | 1.1pp | 0.7pp |
| Net Margin | 2.8% | -3.8% | -13.8% | 6.6pp | 16.7pp |
| EPS (Diluted) | $0.06 | $-0.08 | $-0.28 | 177.7% | 121.4% |
| Free Cash Flow | $24M | $27M | -$10M | -12.5% | 330.1% |
| Item | Amount |
|---|---|
| REVENUE | $253M |
| Cost of Revenue | $113M |
| GROSS PROFIT | $140M |
| R&D Expenses | $52M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $82M |
| Other Expenses | $0 |
| Operating Expenses | $134M |
| Cost & Expenses | $247M |
| OPERATING INCOME | $5M |
| Interest Income | $643.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $13M |
| EBIT | $5M |
| EBITDA | $18M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $253M |
| Cost of Revenue | $113M |
| GROSS PROFIT | $140M |
| R&D Expenses | $52M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $82M |
| Other Expenses | $0 |
| Operating Expenses | $134M |
| Cost & Expenses | $247M |
| OPERATING INCOME | $5M |
| Interest Income | $643.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $13M |
| EBIT | $5M |
| EBITDA | $18M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $27M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$15M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$23M |
| FREE CASH FLOW | $24M |
| Net Change in Cash | $476.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $141M |
| Short-Term Investments | $0 |
| Net Receivables | $145M |
| Inventory | $58M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $383M |
| PP&E (Net) | $74M |
| Goodwill | $138M |
| Intangible Assets | $64M |
| Long-Term Investments | -$2M |
| Tax Assets | $2M |
| Other Non-Current Assets | $53M |
| TOTAL NON-CURRENT ASSETS | $329M |
| TOTAL ASSETS | $712M |
| Account Payables | $35M |
| Short-Term Debt | $9M |
| Deferred Revenue | $138M |
| Other Current Liabilities | $83M |
| TOTAL CURRENT LIABILITIES | $312M |
| Long-Term Debt | $174M |
| Deferred Revenue NC | $48M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $61M |
| TOTAL NON-CURRENT LIABILITIES | $285M |
| TOTAL LIABILITIES | $596M |
| Common Stock | $119.0K |
| Additional Paid-In Capital | $963M |
| Retained Earnings | -$829M |
| Treasury Stock | -$15M |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $116M |
| Minority Interest | $0 |
| TOTAL EQUITY | $116M |
| TOTAL LIABILITIES & EQUITY | $712M |
| Total Debt | $183M |
| Net Debt | $43M |
