| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $325M | $300M | $267M | 8.5% | 21.9% |
| Op. Income | -$10M | -$11M | -$17M | 15.6% | 42.1% |
| Gross Margin | 92.2% | 92.0% | 92.4% | 0.1pp | -0.3pp |
| Net Margin | -1.0% | -6.2% | -8.2% | 5.2pp | 7.2pp |
| EPS (Diluted) | $-0.02 | $-0.10 | $-0.12 | 83.6% | 86.8% |
| Free Cash Flow | $29M | $8M | -$987.0K | 277.4% | 3068.6% |
| Item | Amount |
|---|---|
| REVENUE | $325M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $300M |
| R&D Expenses | $100M |
| Selling & Marketing | $148M |
| General & Administrative | $61M |
| SG&A Expenses | $208M |
| Other Expenses | $3M |
| Operating Expenses | $309M |
| Cost & Expenses | $334M |
| OPERATING INCOME | -$10M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$14M |
| Income Tax Expense | -$11M |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $26M |
| EBIT | -$7M |
| EBITDA | $20M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $39M |
| Deferred Income Tax | -$11M |
| Other Non-Cash Items | $14M |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | $48M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | $4M |
| Purchases of Investments | -$154M |
| Sales/Maturities of Investments | $111M |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$61M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$38.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $47M |
| NET CASH FROM FINANCING | $47M |
| FREE CASH FLOW | $29M |
| Net Change in Cash | $34M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $431M |
| Short-Term Investments | $469M |
| Net Receivables | $64M |
| Inventory | $6M |
| Other Current Assets | $38M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $118M |
| Goodwill | $1.9B |
| Intangible Assets | $299M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $70M |
| TOTAL NON-CURRENT ASSETS | $2.4B |
| TOTAL ASSETS | $3.4B |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $39M |
| Other Current Liabilities | $23M |
| TOTAL CURRENT LIABILITIES | $123M |
| Long-Term Debt | $394M |
| Deferred Revenue NC | $18M |
| Deferred Tax Liabilities | $37M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $449M |
| TOTAL LIABILITIES | $572M |
| Common Stock | $20.0K |
| Additional Paid-In Capital | $3.4B |
| Retained Earnings | -$574M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $394M |
| Net Debt | -$37M |
