| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $585M | $505M | — | 15.9% | — |
| Op. Income | -$269M | -$194M | — | -38.8% | — |
| Gross Margin | 44.8% | 41.9% | — | 2.9pp | — |
| Net Margin | -42.6% | -35.4% | — | -7.2pp | — |
| EPS (Diluted) | $-1.05 | $-0.75 | — | -40.0% | — |
| Free Cash Flow | -$53M | -$42M | — | -25.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $585M |
| Cost of Revenue | $323M |
| GROSS PROFIT | $262M |
| R&D Expenses | $77M |
| Selling & Marketing | $241M |
| General & Administrative | $120M |
| SG&A Expenses | $361M |
| Other Expenses | $92M |
| Operating Expenses | $531M |
| Cost & Expenses | $854M |
| OPERATING INCOME | -$269M |
| Interest Income | $20M |
| Interest Expense | $0 |
| Other Income/Expenses | $20M |
| INCOME BEFORE TAX | -$249M |
| Income Tax Expense | $510.0K |
| Net Income from Continuing Ops | -$249M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$249M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$249M |
| D&A | $3M |
| EBIT | -$269M |
| EBITDA | -$266M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$249M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | -$2.0K |
| Change in Working Capital | $215M |
| OPERATING CASH FLOW | -$36M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.5B |
| Sales/Maturities of Investments | $1.8B |
| Other Investing Activities | -$28M |
| NET CASH FROM INVESTING | $252M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | $39M |
| FREE CASH FLOW | -$53M |
| Net Change in Cash | $255M |
