| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $265M | $307M | — | -13.6% | — |
| Op. Income | $9M | $33M | — | -73.5% | — |
| Gross Margin | 54.4% | 54.6% | — | -0.2pp | — |
| Net Margin | -1.8% | 4.2% | — | -6.0pp | — |
| EPS (Diluted) | $-0.02 | $0.06 | — | -135.0% | — |
| Free Cash Flow | $31M | $29M | — | 4.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $265M |
| Cost of Revenue | $121M |
| GROSS PROFIT | $144M |
| R&D Expenses | $49M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $87M |
| Other Expenses | $0 |
| Operating Expenses | $136M |
| Cost & Expenses | $256M |
| OPERATING INCOME | $9M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $800.0K |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $27M |
| EBIT | $9M |
| EBITDA | $36M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $200.0K |
| Other Non-Cash Items | $8M |
| Change in Working Capital | $300.0K |
| OPERATING CASH FLOW | $41M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | $11M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | -$9M |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$500.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $400.0K |
| FREE CASH FLOW | $31M |
| Net Change in Cash | $38M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $503M |
| Short-Term Investments | $27M |
| Net Receivables | $223M |
| Inventory | $95M |
| Other Current Assets | $50M |
| TOTAL CURRENT ASSETS | $910M |
| PP&E (Net) | $182M |
| Goodwill | $372M |
| Intangible Assets | $219M |
| Long-Term Investments | $5M |
| Tax Assets | $110M |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $900M |
| TOTAL ASSETS | $1.8B |
| Account Payables | $58M |
| Short-Term Debt | $0 |
| Deferred Revenue | $61M |
| Other Current Liabilities | $166M |
| TOTAL CURRENT LIABILITIES | $285M |
| Long-Term Debt | $574M |
| Deferred Revenue NC | $13M |
| Deferred Tax Liabilities | $17M |
| Other Non-Current Liabilities | $168M |
| TOTAL NON-CURRENT LIABILITIES | $797M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $200.0K |
| Additional Paid-In Capital | $70.2B |
| Retained Earnings | -$69.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$115M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $728M |
| Minority Interest | $0 |
| TOTAL EQUITY | $728M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $574M |
| Net Debt | $71M |
