| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $249M | — | $345M | — | -27.8% |
| Op. Income | $14M | — | $8M | — | 65.1% |
| Gross Margin | 32.9% | — | 30.3% | — | 2.6pp |
| Net Margin | 5.2% | — | 1.6% | — | 3.5pp |
| EPS (Diluted) | $0.39 | — | $0.17 | — | 129.4% |
| Free Cash Flow | -$43M | — | $54M | — | -180.2% |
| Item | Amount |
|---|---|
| REVENUE | $249M |
| Cost of Revenue | $167M |
| GROSS PROFIT | $82M |
| R&D Expenses | $19M |
| Selling & Marketing | $36M |
| General & Administrative | $13M |
| SG&A Expenses | $49M |
| Other Expenses | $341.0K |
| Operating Expenses | $68M |
| Cost & Expenses | $235M |
| OPERATING INCOME | $14M |
| Interest Income | $701.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $5M |
| EBIT | $14M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $249M |
| Cost of Revenue | $167M |
| GROSS PROFIT | $82M |
| R&D Expenses | $19M |
| Selling & Marketing | $36M |
| General & Administrative | $13M |
| SG&A Expenses | $49M |
| Other Expenses | $341.0K |
| Operating Expenses | $68M |
| Cost & Expenses | $235M |
| OPERATING INCOME | $14M |
| Interest Income | $701.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $5M |
| EBIT | $14M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | -$141.0K |
| Change in Working Capital | -$63M |
| OPERATING CASH FLOW | -$37M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $47M |
| Other Investing Activities | $42M |
| NET CASH FROM INVESTING | $36M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$18M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$14M |
| FREE CASH FLOW | -$43M |
| Net Change in Cash | -$15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $186M |
| Short-Term Investments | $27M |
| Net Receivables | $263M |
| Inventory | $236M |
| Other Current Assets | $35M |
| TOTAL CURRENT ASSETS | $746M |
| PP&E (Net) | $57M |
| Goodwill | $81M |
| Intangible Assets | $15M |
| Long-Term Investments | $8M |
| Tax Assets | $56M |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $224M |
| TOTAL ASSETS | $970M |
| Account Payables | $69M |
| Short-Term Debt | $0 |
| Deferred Revenue | $12M |
| Other Current Liabilities | $167M |
| TOTAL CURRENT LIABILITIES | $280M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $26M |
| TOTAL NON-CURRENT LIABILITIES | $57M |
| TOTAL LIABILITIES | $337M |
| Common Stock | $32.0K |
| Additional Paid-In Capital | $804M |
| Retained Earnings | -$172M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $14.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $633M |
| Minority Interest | $0 |
| TOTAL EQUITY | $633M |
| TOTAL LIABILITIES & EQUITY | $970M |
| Total Debt | $32M |
| Net Debt | -$154M |
