| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $111M | $99M | $139M | 11.8% | -20.2% |
| Op. Income | $5M | $12M | $32M | -62.4% | -85.6% |
| Gross Margin | 49.6% | 46.7% | 50.9% | 2.9pp | -1.4pp |
| Net Margin | 3.8% | 26.8% | 21.1% | -23.0pp | -17.3pp |
| EPS (Diluted) | $0.12 | $0.75 | $0.81 | -84.0% | -85.2% |
| Free Cash Flow | $155.0K | $37M | -$33M | -99.6% | 100.5% |
| Item | Amount |
|---|---|
| REVENUE | $111M |
| Cost of Revenue | $56M |
| GROSS PROFIT | $55M |
| R&D Expenses | $24M |
| Selling & Marketing | $6M |
| General & Administrative | $4M |
| SG&A Expenses | $10M |
| Other Expenses | $6.0K |
| Operating Expenses | $34M |
| Cost & Expenses | $90M |
| OPERATING INCOME | $5M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $3M |
| EBIT | $21M |
| EBITDA | $24M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $111M |
| Cost of Revenue | $56M |
| GROSS PROFIT | $55M |
| R&D Expenses | $24M |
| Selling & Marketing | $6M |
| General & Administrative | $4M |
| SG&A Expenses | $10M |
| Other Expenses | $6.0K |
| Operating Expenses | $34M |
| Cost & Expenses | $90M |
| OPERATING INCOME | $5M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $3M |
| EBIT | $21M |
| EBITDA | $24M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $16M |
| Other Non-Cash Items | $11.0K |
| Change in Working Capital | -$22M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $38.0K |
| Other Investing Activities | $38.0K |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$25M |
| Common Dividends Paid | -$10M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$35M |
| FREE CASH FLOW | $155.0K |
| Net Change in Cash | -$35M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $308M |
| Short-Term Investments | $5M |
| Net Receivables | $90M |
| Inventory | $88M |
| Other Current Assets | $24M |
| TOTAL CURRENT ASSETS | $533M |
| PP&E (Net) | $99M |
| Goodwill | $17M |
| Intangible Assets | $0 |
| Long-Term Investments | $3M |
| Tax Assets | $0 |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $133M |
| TOTAL ASSETS | $666M |
| Account Payables | $32M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $82M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $32M |
| TOTAL NON-CURRENT LIABILITIES | $32M |
| TOTAL LIABILITIES | $114M |
| Common Stock | $552M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $552M |
| Minority Interest | $0 |
| TOTAL EQUITY | $552M |
| TOTAL LIABILITIES & EQUITY | $666M |
| Total Debt | $0 |
| Net Debt | -$308M |
