Q2 2016 Earnings

Reported June 29, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Metric	Q2 2016	Q1 2016	Q2 2015	QoQ Change	YoY Change
Revenue	$137M	$137M	—	0.0%	—
Op. Income	-$7M	-$7M	—	0.0%	—
Gross Margin	8.4%	8.4%	—	0.0pp	—
Net Margin	-11.0%	-9.4%	—	-1.6pp	—
EPS (Diluted)	$-0.27	$-0.23	—	-17.6%	—

Income Statement

Item	Amount
REVENUE	$137M
Cost of Revenue	$126M
GROSS PROFIT	$12M
R&D Expenses	$3M
Selling & Marketing	$12M
General & Administrative	$3M
SG&A Expenses	$15M
Other Expenses	$0
Operating Expenses	$19M
Cost & Expenses	$145M
OPERATING INCOME	-$7M
Interest Income	$538.5K
Interest Expense	$0
Other Income/Expenses	-$1M
INCOME BEFORE TAX	-$8M
Income Tax Expense	-$494.9K
Net Income from Continuing Ops	-$8M
Net Income from Discontinued Ops	$0
Other Adjustments	-$8M
NET INCOME	-$15M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	-$15M
D&A	$115.2K
EBIT	-$7M
EBITDA	-$7M
EPS	-$0
EPS Diluted	-$0