| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $466M | $364M | $270M | 27.9% | 72.3% |
| Op. Income | $140M | $86M | $68M | 62.9% | 106.1% |
| Gross Margin | 53.3% | 44.1% | 41.5% | 9.3pp | 11.9pp |
| Net Margin | 22.7% | 25.2% | 24.2% | -2.5pp | -1.5pp |
| EPS (Diluted) | $0.57 | $0.51 | $0.25 | 13.3% | 127.9% |
| Item | Amount |
|---|---|
| REVENUE | $466M |
| Cost of Revenue | $217M |
| GROSS PROFIT | $249M |
| R&D Expenses | $18M |
| Selling & Marketing | $74M |
| General & Administrative | $16M |
| SG&A Expenses | $90M |
| Other Expenses | $0 |
| Operating Expenses | $108M |
| Cost & Expenses | $325M |
| OPERATING INCOME | $140M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $124M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $106M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $106M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $106M |
| D&A | $0 |
| EBIT | $125M |
| EBITDA | $125M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $466M |
| Cost of Revenue | $217M |
| GROSS PROFIT | $249M |
| R&D Expenses | $18M |
| Selling & Marketing | $74M |
| General & Administrative | $16M |
| SG&A Expenses | $90M |
| Other Expenses | $0 |
| Operating Expenses | $108M |
| Cost & Expenses | $325M |
| OPERATING INCOME | $140M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $124M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $106M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $106M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $106M |
| D&A | $0 |
| EBIT | $125M |
| EBITDA | $125M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $409M |
| Short-Term Investments | $0 |
| Net Receivables | $950M |
| Inventory | $20M |
| Other Current Assets | $405M |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $13M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $75M |
| Tax Assets | $17M |
| Other Non-Current Assets | $295M |
| TOTAL NON-CURRENT ASSETS | $401M |
| TOTAL ASSETS | $2.5B |
| Account Payables | $30M |
| Short-Term Debt | $666M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $321M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $44M |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $370M |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $33.6K |
| Additional Paid-In Capital | $359M |
| Retained Earnings | $492M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $29M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $880M |
| Minority Interest | $0 |
| TOTAL EQUITY | $880M |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $987M |
| Net Debt | $578M |