| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $788M | $726M | $524M | 8.6% | 50.5% |
| Op. Income | -$142M | $155M | $95M | -191.3% | -249.2% |
| Gross Margin | 34.0% | 39.5% | 38.9% | -5.5pp | -4.9pp |
| Net Margin | -16.2% | 19.4% | 14.9% | -35.6pp | -31.2pp |
| EPS (Diluted) | $-0.08 | $0.09 | $0.05 | -194.9% | -269.7% |
| Free Cash Flow | $263M | $240M | -$41M | 9.5% | 742.9% |
| Item | Amount |
|---|---|
| REVENUE | $788M |
| Cost of Revenue | $520M |
| GROSS PROFIT | $268M |
| R&D Expenses | $137M |
| Selling & Marketing | $79M |
| General & Administrative | $118M |
| SG&A Expenses | $197M |
| Other Expenses | -$228M |
| Operating Expenses | $197M |
| Cost & Expenses | $718M |
| OPERATING INCOME | -$142M |
| Interest Income | $15M |
| Interest Expense | $1M |
| Other Income/Expenses | $146.0K |
| INCOME BEFORE TAX | -$142M |
| Income Tax Expense | -$14M |
| Net Income from Continuing Ops | -$128M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$128M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$128M |
| D&A | $212M |
| EBIT | -$140M |
| EBITDA | -$140M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$128M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $243M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $410M |
| Change in Working Capital | $89M |
| OPERATING CASH FLOW | $282M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | -$159M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $40M |
| NET CASH FROM INVESTING | -$139M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $716M |
| NET CASH FROM FINANCING | $714M |
| FREE CASH FLOW | $263M |
| Net Change in Cash | $851M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.5B |
| Short-Term Investments | $12M |
| Net Receivables | $217M |
| Inventory | $5M |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $3.0B |
| PP&E (Net) | $25M |
| Goodwill | $2.5B |
| Intangible Assets | $257M |
| Long-Term Investments | $553M |
| Tax Assets | $18M |
| Other Non-Current Assets | $132M |
| TOTAL NON-CURRENT ASSETS | $3.5B |
| TOTAL ASSETS | $6.5B |
| Account Payables | $267M |
| Short-Term Debt | $0 |
| Deferred Revenue | $224M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $911M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $6M |
| Deferred Tax Liabilities | $52M |
| Other Non-Current Liabilities | $29M |
| TOTAL NON-CURRENT LIABILITIES | $87M |
| TOTAL LIABILITIES | $998M |
| Common Stock | $292.1K |
| Additional Paid-In Capital | $4.9B |
| Retained Earnings | $444M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $132M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.5B |
| Minority Interest | $7M |
| TOTAL EQUITY | $5.5B |
| TOTAL LIABILITIES & EQUITY | $6.5B |
| Total Debt | $21M |
| Net Debt | -$2.5B |
