FY 2016 Earnings

Reported December 31, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Metric	FY 2016	Prior Q	FY 2015	QoQ Change	YoY Change
Revenue	$174M	—	$163M	—	6.9%
Op. Income	-$78M	—	-$74M	—	-4.4%
Gross Margin	24.5%	—	25.0%	—	-0.5pp
Net Margin	-50.1%	—	-50.9%	—	0.8pp
EPS (Diluted)	$-7.18	—	$-7.85	—	8.5%

Income Statement

Item	Amount
REVENUE	$174M
Cost of Revenue	$131M
GROSS PROFIT	$43M
R&D Expenses	$8M
Selling & Marketing	$29M
General & Administrative	$20M
SG&A Expenses	$48M
Other Expenses	$64M
Operating Expenses	$120M
Cost & Expenses	$252M
OPERATING INCOME	-$78M
Interest Income	$0
Interest Expense	$7M
Other Income/Expenses	-$10M
INCOME BEFORE TAX	-$88M
Income Tax Expense	-$387.0K
Net Income from Continuing Ops	-$87M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	-$87M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	-$87M
D&A	$9M
EBIT	-$80M
EBITDA	-$71M
EPS	-$7
EPS Diluted	-$7