| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $241M | $235M | $222M | 2.7% | 8.4% |
| Op. Income | $10M | $8M | $7M | 36.2% | 52.5% |
| Gross Margin | 94.1% | 93.7% | 91.3% | 0.4pp | 2.8pp |
| Net Margin | 6.2% | 4.6% | 3.6% | 1.7pp | 2.6pp |
| EPS (Diluted) | $0.17 | $0.12 | $0.09 | 41.7% | 88.9% |
| Free Cash Flow | $46M | $13M | $44M | 253.9% | 6.4% |
| Item | Amount |
|---|---|
| REVENUE | $241M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $227M |
| R&D Expenses | $54M |
| Selling & Marketing | $122M |
| General & Administrative | $30M |
| SG&A Expenses | $152M |
| Other Expenses | $141.0K |
| Operating Expenses | $217M |
| Cost & Expenses | $231M |
| OPERATING INCOME | $10M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | -$684.0K |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $11M |
| EBIT | $14M |
| EBITDA | $21M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $241M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $227M |
| R&D Expenses | $54M |
| Selling & Marketing | $122M |
| General & Administrative | $30M |
| SG&A Expenses | $152M |
| Other Expenses | $141.0K |
| Operating Expenses | $217M |
| Cost & Expenses | $231M |
| OPERATING INCOME | $10M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | -$684.0K |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $11M |
| EBIT | $14M |
| EBITDA | $21M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $29M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | -$882.0K |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $55M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | -$5M |
| Purchases of Investments | -$169M |
| Sales/Maturities of Investments | $171M |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | -$14M |
| FREE CASH FLOW | $46M |
| Net Change in Cash | $34M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $423M |
| Short-Term Investments | $414M |
| Net Receivables | $82M |
| Inventory | $0 |
| Other Current Assets | $18M |
| TOTAL CURRENT ASSETS | $937M |
| PP&E (Net) | $111M |
| Goodwill | $106M |
| Intangible Assets | $14M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $65M |
| TOTAL NON-CURRENT ASSETS | $296M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $3M |
| Other Current Liabilities | $26M |
| TOTAL CURRENT LIABILITIES | $69M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $35M |
| TOTAL NON-CURRENT LIABILITIES | $35M |
| TOTAL LIABILITIES | $104M |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $31M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $0 |
| Net Debt | -$423M |
