Financial Summary (All financials)
In millions, except per share items | Dec-31-15 | Dec-31-14 | Dec-31-13 |
Revenues | 179.1 | 227.6 | 173.7 |
Revenue growth | -21.3% | 31.1% | |
Cost of goods sold | 139.4 | 129.3 | 96.4 |
Gross profit | 39.8 | 98.3 | 77.3 |
Gross margin | 22.2% | 43.2% | 44.5% |
Sales and marketing | 25.9 | 42.5 | 26.7 |
Research and development | 24.2 | 25.1 | 26.4 |
General and administrative | 13.5 | 12.6 | 9.0 |
EBITA | -14.4 | 37.9 | 19.6 |
EBITA margin | -8.1% | 16.6% | 11.3% |
Amortization of intangibles | 7.3 | 19.2 | 2.8 |
EBIT | -21.7 | 18.7 | 16.8 |
EBIT margin | -12.1% | 8.2% | 9.7% |
Pre-tax income | -14.8 | 23.6 | 21.4 |
Income taxes | 0.8 | 1.0 | 0.7 |
Tax rate | | 4.4% | 3.3% |
Net income | -16.2 | 22.6 | 20.7 |
Net margin | -9.1% | 9.9% | 11.9% |
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Diluted EPS | ($0.01) | $0.01 | $0.01 |
Shares outstanding (diluted) | 1,882.3 | 1,875.5 | 1,751.6 |
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EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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