| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.3B | $1.2B | 11.8% | 26.4% |
| Op. Income | -$105M | -$48M | -$93M | -119.5% | -13.9% |
| Gross Margin | 25.8% | 24.8% | 23.0% | 1.0pp | 2.8pp |
| Net Margin | -31.0% | -14.8% | -18.7% | -16.1pp | -12.3pp |
| EPS (Diluted) | $-2.21 | $-0.96 | $-1.15 | -130.5% | -92.9% |
| Free Cash Flow | $29M | $89M | $78M | -67.1% | -62.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $385M |
| R&D Expenses | $167M |
| Selling & Marketing | $203M |
| General & Administrative | $121M |
| SG&A Expenses | $323M |
| Other Expenses | $0 |
| Operating Expenses | $491M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | -$105M |
| Interest Income | $6M |
| Interest Expense | $0 |
| Other Income/Expenses | -$354M |
| INCOME BEFORE TAX | -$459M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$461M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$461M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$461M |
| D&A | $7M |
| EBIT | -$459M |
| EBITDA | -$452M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$461M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $27M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $351M |
| Change in Working Capital | $109M |
| OPERATING CASH FLOW | $35M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | -$11M |
| Purchases of Investments | -$520M |
| Sales/Maturities of Investments | $528M |
| Other Investing Activities | -$12M |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $64M |
| NET CASH FROM FINANCING | $64M |
| FREE CASH FLOW | $29M |
| Net Change in Cash | $90M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $954M |
| Short-Term Investments | $1.0B |
| Net Receivables | $383M |
| Inventory | $0 |
| Other Current Assets | $45M |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $98M |
| Goodwill | $170M |
| Intangible Assets | $36M |
| Long-Term Investments | $1.2B |
| Tax Assets | $12M |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $4.0B |
| Account Payables | $303M |
| Short-Term Debt | $0 |
| Deferred Revenue | $276M |
| Other Current Liabilities | $2.1B |
| TOTAL CURRENT LIABILITIES | $2.7B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $82M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $95M |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $0 |
| Additional Paid-In Capital | $4.4B |
| Retained Earnings | -$3.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $301M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $4.0B |
| Total Debt | $0 |
| Net Debt | -$954M |
