FY 2015 Earnings

Reported December 31, 2015

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Metric	FY 2015	Prior Q	FY 2014	QoQ Change	YoY Change
Revenue	$163M	—	$186M	—	-12.6%
Op. Income	-$74M	—	-$14M	—	-438.1%
Gross Margin	25.0%	—	27.2%	—	-2.2pp
Net Margin	-50.9%	—	-8.3%	—	-42.6pp
EPS (Diluted)	$-7.85	—	$-1.56	—	-403.2%

Income Statement

Item	Amount
REVENUE	$163M
Cost of Revenue	$122M
GROSS PROFIT	$41M
R&D Expenses	$12M
Selling & Marketing	$32M
General & Administrative	$21M
SG&A Expenses	$53M
Other Expenses	$50M
Operating Expenses	$115M
Cost & Expenses	$237M
OPERATING INCOME	-$74M
Interest Income	$0
Interest Expense	$5M
Other Income/Expenses	-$6M
INCOME BEFORE TAX	-$81M
Income Tax Expense	$2M
Net Income from Continuing Ops	-$83M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	-$83M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	-$83M
D&A	$8M
EBIT	-$75M
EBITDA	-$67M
EPS	-$8
EPS Diluted	-$8