| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $496M | $273M | $469M | 81.9% | 5.8% |
| Op. Income | $69M | $201.0K | $46M | 33989.1% | 48.1% |
| Gross Margin | 39.3% | 42.6% | 41.8% | -3.3pp | -2.5pp |
| Net Margin | 12.4% | -0.6% | 9.7% | 13.1pp | 2.7pp |
| EPS (Diluted) | $0.55 | $-0.02 | $0.43 | 3242.9% | 27.9% |
| Free Cash Flow | $87M | $5M | $56M | 1648.2% | 56.0% |
| Item | Amount |
|---|---|
| REVENUE | $496M |
| Cost of Revenue | $301M |
| GROSS PROFIT | $195M |
| R&D Expenses | $37M |
| Selling & Marketing | $66M |
| General & Administrative | $24M |
| SG&A Expenses | $90M |
| Other Expenses | $0 |
| Operating Expenses | $127M |
| Cost & Expenses | $428M |
| OPERATING INCOME | $69M |
| Interest Income | $0 |
| Interest Expense | $398.0K |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $64M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $62M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $62M |
| D&A | $10M |
| EBIT | $65M |
| EBITDA | $75M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $496M |
| Cost of Revenue | $301M |
| GROSS PROFIT | $195M |
| R&D Expenses | $37M |
| Selling & Marketing | $66M |
| General & Administrative | $24M |
| SG&A Expenses | $90M |
| Other Expenses | $0 |
| Operating Expenses | $127M |
| Cost & Expenses | $428M |
| OPERATING INCOME | $69M |
| Interest Income | $0 |
| Interest Expense | $398.0K |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $64M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $62M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $62M |
| D&A | $10M |
| EBIT | $65M |
| EBITDA | $75M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $62M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $226.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | $92M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$105.0K |
| NET CASH FROM FINANCING | -$105.0K |
| FREE CASH FLOW | $87M |
| Net Change in Cash | $86M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $307M |
| Short-Term Investments | $0 |
| Net Receivables | $122M |
| Inventory | $110M |
| Other Current Assets | $187.0K |
| TOTAL CURRENT ASSETS | $552M |
| PP&E (Net) | $79M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $699.0K |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $84M |
| TOTAL ASSETS | $636M |
| Account Payables | $149M |
| Short-Term Debt | $8M |
| Deferred Revenue | $13M |
| Other Current Liabilities | $83M |
| TOTAL CURRENT LIABILITIES | $272M |
| Long-Term Debt | $31M |
| Deferred Revenue NC | $43M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $84M |
| TOTAL LIABILITIES | $356M |
| Common Stock | $101.0K |
| Additional Paid-In Capital | $434M |
| Retained Earnings | -$142M |
| Treasury Stock | -$11M |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $280M |
| Minority Interest | $0 |
| TOTAL EQUITY | $280M |
| TOTAL LIABILITIES & EQUITY | $636M |
| Total Debt | $40M |
| Net Debt | -$268M |
