FY 2017 Earnings

Reported December 31, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Metric	FY 2017	Prior Q	FY 2016	QoQ Change	YoY Change
Revenue	$149M	—	$174M	—	-14.3%
Op. Income	$5M	—	-$78M	—	106.2%
Gross Margin	34.2%	—	24.5%	—	9.7pp
Net Margin	-2.2%	—	-50.1%	—	47.9pp
EPS (Diluted)	$-0.26	—	$-7.18	—	96.4%

Income Statement

Item	Amount
REVENUE	$149M
Cost of Revenue	$98M
GROSS PROFIT	$51M
R&D Expenses	$6M
Selling & Marketing	$24M
General & Administrative	$16M
SG&A Expenses	$40M
Other Expenses	$533.0K
Operating Expenses	$46M
Cost & Expenses	$144M
OPERATING INCOME	$5M
Interest Income	$0
Interest Expense	$8M
Other Income/Expenses	-$7M
INCOME BEFORE TAX	-$3M
Income Tax Expense	$593.0K
Net Income from Continuing Ops	-$3M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	-$3M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	-$3M
D&A	$4M
EBIT	$5M
EBITDA	$10M
EPS	-$0
EPS Diluted	-$0