RIBBON COMMUNICATIONS INC.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 |
|---|---|---|---|---|
| Revenue | $577.9M | $329.9M | $252.6M | $249.0M |
| Cost of Revenue | $230.6M | $128.4M | $85.0M | $87.4M |
| Gross Profit | $347.3M | $201.5M | $167.6M | $161.7M |
| Gross Margin | 60.1% | 61.1% | 66.4% | 64.9% |
| Operating Expenses | ||||
| Research & Development | $145.5M | $101.5M | $72.8M | $77.9M |
| SG&A Expense | $66.0M | $47.6M | $35.9M | $39.8M |
| Operating Income | $-65.4M | $-55.2M | $-13.6M | $-31.2M |
| Operating Margin | -11.3% | -16.7% | -5.4% | -12.5% |
| Interest Expense | — | — | — | — |
| Pretax Income | $-73.4M | $-53.7M | $-11.4M | $-29.9M |
| Income Tax Expense | $3.4M | $-18.4M | $2.5M | $2.0M |
| Net Income | $-76.8M | $-35.3M | $-13.9M | $-31.9M |
| Net Margin | -13.3% | -10.7% | -5.5% | -12.8% |
| EPS (Basic) | $-0.74 | $-0.60 | $-0.28 | $-0.64 |
| EPS (Diluted) | $-0.74 | $-0.60 | $-0.28 | $-0.64 |
| Shares Outstanding (Basic) | 103.9M | 58.8M | 49.4M | 49.6M |
| Shares Outstanding (Diluted) | 103.9M | 58.8M | 49.4M | 49.6M |
| Dividends Per Share | — | — | — | — |