| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $379M | $377M | $352M | 0.5% | 7.6% |
| Op. Income | -$59M | $1.3B | -$55M | -104.4% | -7.5% |
| Gross Margin | 35.9% | 35.3% | 38.8% | 0.6pp | -3.0pp |
| Net Margin | -17.5% | -73.0% | -17.5% | 55.5pp | -0.0pp |
| EPS (Diluted) | $-0.34 | $-1.20 | $-0.27 | 71.7% | -25.9% |
| Free Cash Flow | -$87M | -$113M | -$140M | 23.5% | 38.3% |
| Item | Amount |
|---|---|
| REVENUE | $379M |
| Cost of Revenue | $243M |
| GROSS PROFIT | $136M |
| R&D Expenses | $39M |
| Selling & Marketing | $108M |
| General & Administrative | $48M |
| SG&A Expenses | $156M |
| Other Expenses | $0 |
| Operating Expenses | $195M |
| Cost & Expenses | $438M |
| OPERATING INCOME | -$59M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | -$66M |
| Income Tax Expense | $266.0K |
| Net Income from Continuing Ops | -$66M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$66M |
| Net Income Deductions | -$18M |
| BOTTOM LINE NET INCOME | -$85M |
| D&A | $14M |
| EBIT | -$58M |
| EBITDA | -$44M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$66M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $30M |
| Deferred Income Tax | $11M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$73M |
| OPERATING CASH FLOW | -$79M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $125M |
| Purchases of Investments | $3M |
| Sales/Maturities of Investments | $12M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | $130M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$102M |
| NET CASH FROM FINANCING | $207M |
| FREE CASH FLOW | -$87M |
| Net Change in Cash | $284M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $493M |
| Short-Term Investments | $6M |
| Net Receivables | $312M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $912M |
| PP&E (Net) | $118M |
| Goodwill | $71M |
| Intangible Assets | $79M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | -$15M |
| TOTAL NON-CURRENT ASSETS | $253M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $8M |
| Short-Term Debt | $0 |
| Deferred Revenue | $34M |
| Other Current Liabilities | $43M |
| TOTAL CURRENT LIABILITIES | $218M |
| Long-Term Debt | $267M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $511M |
| TOTAL NON-CURRENT LIABILITIES | $778M |
| TOTAL LIABILITIES | $996M |
| Common Stock | $25.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | -$1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | -$484M |
| TOTAL STOCKHOLDERS' EQUITY | $169M |
| Minority Interest | $0 |
| TOTAL EQUITY | $169M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $267M |
| Net Debt | -$226M |
