| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.5B | $1.2B | 6.2% | 31.0% |
| Op. Income | -$7M | -$105M | -$85M | 93.3% | 91.8% |
| Gross Margin | 25.3% | 25.8% | 22.3% | -0.5pp | 3.0pp |
| Net Margin | 3.2% | -31.0% | -26.9% | 34.1pp | 30.1pp |
| EPS (Diluted) | $0.23 | $-2.21 | $-1.65 | 110.6% | 114.2% |
| Free Cash Flow | $36M | $29M | -$105M | 24.0% | 134.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $400M |
| R&D Expenses | $158M |
| Selling & Marketing | $171M |
| General & Administrative | $78M |
| SG&A Expenses | $249M |
| Other Expenses | $0 |
| Operating Expenses | $407M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | -$7M |
| Interest Income | $12M |
| Interest Expense | $100M |
| Other Income/Expenses | -$89M |
| INCOME BEFORE TAX | -$96M |
| Income Tax Expense | -$146M |
| Net Income from Continuing Ops | $50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $50M |
| D&A | $8M |
| EBIT | $4M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $50M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $28M |
| Deferred Income Tax | -$146M |
| Other Non-Cash Items | $84M |
| Change in Working Capital | $69M |
| OPERATING CASH FLOW | $94M |
| Capital Expenditure | -$57M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$63M |
| Sales/Maturities of Investments | $327M |
| Other Investing Activities | -$23M |
| NET CASH FROM INVESTING | $183M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $57M |
| NET CASH FROM FINANCING | $57M |
| FREE CASH FLOW | $36M |
| Net Change in Cash | $334M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $780M |
| Net Receivables | $421M |
| Inventory | $0 |
| Other Current Assets | $41M |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $157M |
| Goodwill | $169M |
| Intangible Assets | $33M |
| Long-Term Investments | $1.9B |
| Tax Assets | $13M |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $4.8B |
| Account Payables | $307M |
| Short-Term Debt | $0 |
| Deferred Revenue | $280M |
| Other Current Liabilities | $2.2B |
| TOTAL CURRENT LIABILITIES | $2.9B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $90M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $103M |
| TOTAL LIABILITIES | $3.0B |
| Common Stock | $0 |
| Additional Paid-In Capital | $4.4B |
| Retained Earnings | -$3.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $884M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $4.8B |
| Total Debt | $0 |
| Net Debt | -$1.3B |
