| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $505M | $397M | — | 27.1% | — |
| Op. Income | -$194M | -$245M | — | 21.1% | — |
| Gross Margin | 41.9% | 34.4% | — | 7.5pp | — |
| Net Margin | -35.4% | -59.0% | — | 23.6pp | — |
| EPS (Diluted) | $-0.75 | $-0.98 | — | 23.5% | — |
| Free Cash Flow | -$42M | -$83M | — | 48.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $505M |
| Cost of Revenue | $293M |
| GROSS PROFIT | $212M |
| R&D Expenses | $64M |
| Selling & Marketing | $175M |
| General & Administrative | $98M |
| SG&A Expenses | $274M |
| Other Expenses | $67M |
| Operating Expenses | $405M |
| Cost & Expenses | $699M |
| OPERATING INCOME | -$194M |
| Interest Income | $15M |
| Interest Expense | $0 |
| Other Income/Expenses | $15M |
| INCOME BEFORE TAX | -$179M |
| Income Tax Expense | $231.0K |
| Net Income from Continuing Ops | -$179M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$179M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$179M |
| D&A | $2M |
| EBIT | -$194M |
| EBITDA | -$192M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$179M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $288.0K |
| Change in Working Capital | $148M |
| OPERATING CASH FLOW | -$32M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | -$1.7B |
| Sales/Maturities of Investments | $1.6B |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$87M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $756M |
| FREE CASH FLOW | -$42M |
| Net Change in Cash | $637M |
