| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.2B | $870M | 2.5% | 38.9% |
| Op. Income | -$85M | -$93M | -$45M | 7.6% | -88.2% |
| Gross Margin | 22.3% | 23.0% | 18.7% | -0.8pp | 3.5pp |
| Net Margin | -26.9% | -18.7% | -17.4% | -8.3pp | -9.5pp |
| EPS (Diluted) | $-1.65 | $-1.15 | $-0.83 | -43.9% | -99.7% |
| Free Cash Flow | -$105M | $78M | — | -234.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $939M |
| GROSS PROFIT | $269M |
| R&D Expenses | $115M |
| Selling & Marketing | $162M |
| General & Administrative | $78M |
| SG&A Expenses | $240M |
| Other Expenses | $0 |
| Operating Expenses | $355M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | -$85M |
| Interest Income | $6M |
| Interest Expense | $1M |
| Other Income/Expenses | -$240M |
| INCOME BEFORE TAX | -$326M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$326M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$326M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$326M |
| D&A | $18M |
| EBIT | -$324M |
| EBITDA | -$307M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$326M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $238M |
| Change in Working Capital | -$50M |
| OPERATING CASH FLOW | -$95M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$278M |
| Sales/Maturities of Investments | $301M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $13M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $11M |
| NET CASH FROM FINANCING | $11M |
| FREE CASH FLOW | -$105M |
| Net Change in Cash | -$75M |
