| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $320M | $253M | $177M | 26.3% | 80.9% |
| Op. Income | $118M | $88M | $43M | 34.7% | 176.0% |
| Gross Margin | 80.5% | 80.1% | 74.8% | 0.4pp | 5.6pp |
| Net Margin | 31.6% | 29.0% | 18.1% | 2.6pp | 13.5pp |
| EPS (Diluted) | $0.45 | $0.33 | $0.14 | 36.4% | 221.4% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $320M |
| Cost of Revenue | $62M |
| GROSS PROFIT | $258M |
| R&D Expenses | $51M |
| Selling & Marketing | $76M |
| General & Administrative | $12M |
| SG&A Expenses | $88M |
| Other Expenses | $0 |
| Operating Expenses | $139M |
| Cost & Expenses | $202M |
| OPERATING INCOME | $118M |
| Interest Income | $5M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $123M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $101M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $101M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $101M |
| D&A | $0 |
| EBIT | $118M |
| EBITDA | $118M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $320M |
| Cost of Revenue | $62M |
| GROSS PROFIT | $258M |
| R&D Expenses | $51M |
| Selling & Marketing | $76M |
| General & Administrative | $12M |
| SG&A Expenses | $88M |
| Other Expenses | $0 |
| Operating Expenses | $139M |
| Cost & Expenses | $202M |
| OPERATING INCOME | $118M |
| Interest Income | $5M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $123M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $101M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $101M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $101M |
| D&A | $0 |
| EBIT | $118M |
| EBITDA | $118M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $101M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$115M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $187M |
| Short-Term Investments | $550M |
| Net Receivables | $173M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $28M |
| Goodwill | $0 |
| Intangible Assets | $12M |
| Long-Term Investments | $429M |
| Tax Assets | $0 |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $478M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $115M |
| Short-Term Debt | $0 |
| Deferred Revenue | $91M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $457M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $458M |
| Common Stock | $1.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2.1B |
| Other Equity | -$2.1B |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $3M |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $0 |
| Net Debt | -$187M |
