Q3 2019 Earnings

Reported September 29, 2019

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Metric	Q3 2019	Q2 2019	Q3 2018	QoQ Change	YoY Change
Revenue	$113M	$100M	—	12.4%	—
Op. Income	$1M	$12M	—	-90.8%	—
Gross Margin	65.2%	63.1%	—	2.1pp	—
Net Margin	-1.3%	8.1%	—	-9.4pp	—
EPS (Diluted)	$-0.00	$0.01	—	-118.0%	—

Income Statement

Item	Amount
REVENUE	$113M
Cost of Revenue	$39M
GROSS PROFIT	$74M
R&D Expenses	$1M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$71M
Other Expenses	$0
Operating Expenses	$72M
Cost & Expenses	$112M
OPERATING INCOME	$1M
Interest Income	$79.9K
Interest Expense	$0
Other Income/Expenses	-$57.9K
INCOME BEFORE TAX	$1M
Income Tax Expense	$3M
Net Income from Continuing Ops	-$2M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	-$2M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	-$2M
D&A	$3M
EBIT	$1M
EBITDA	$4M
EPS	-$0
EPS Diluted	-$0