| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $262M | $247M | $241M | 6.3% | 8.9% |
| Op. Income | $10M | $12M | $10M | -21.7% | -8.0% |
| Gross Margin | 93.7% | 93.9% | 94.1% | -0.2pp | -0.4pp |
| Net Margin | 3.8% | 5.0% | 6.2% | -1.1pp | -2.4pp |
| EPS (Diluted) | $0.14 | $0.16 | $0.17 | -12.5% | -17.6% |
| Free Cash Flow | $41M | $47M | $46M | -12.7% | -12.3% |
| Item | Amount |
|---|---|
| REVENUE | $262M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $246M |
| R&D Expenses | $57M |
| Selling & Marketing | $128M |
| General & Administrative | $40M |
| SG&A Expenses | $167M |
| Other Expenses | $3M |
| Operating Expenses | $236M |
| Cost & Expenses | $253M |
| OPERATING INCOME | $10M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $12M |
| EBIT | $13M |
| EBITDA | $25M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $262M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $246M |
| R&D Expenses | $57M |
| Selling & Marketing | $128M |
| General & Administrative | $40M |
| SG&A Expenses | $167M |
| Other Expenses | $3M |
| Operating Expenses | $236M |
| Cost & Expenses | $253M |
| OPERATING INCOME | $10M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $12M |
| EBIT | $13M |
| EBITDA | $25M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $29M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $16M |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | $51M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$108M |
| Sales/Maturities of Investments | $133M |
| Other Investing Activities | $107.0K |
| NET CASH FROM INVESTING | $15M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$77M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$83M |
| FREE CASH FLOW | $41M |
| Net Change in Cash | -$16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $123M |
| Short-Term Investments | $258M |
| Net Receivables | $101M |
| Inventory | $0 |
| Other Current Assets | $16M |
| TOTAL CURRENT ASSETS | $499M |
| PP&E (Net) | $322M |
| Goodwill | $103M |
| Intangible Assets | $11M |
| Long-Term Investments | $35M |
| Tax Assets | $19M |
| Other Non-Current Assets | $39M |
| TOTAL NON-CURRENT ASSETS | $529M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $3M |
| Short-Term Debt | $57M |
| Deferred Revenue | $4M |
| Other Current Liabilities | -$13M |
| TOTAL CURRENT LIABILITIES | $136M |
| Long-Term Debt | $186M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$182M |
| TOTAL NON-CURRENT LIABILITIES | $190M |
| TOTAL LIABILITIES | $326M |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$504M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $703M |
| Minority Interest | $0 |
| TOTAL EQUITY | $703M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $243M |
| Net Debt | $120M |
