Highest ever third quarter results for: Revenue of $49.3 million • GAAP gross margin of 48.7% • Non-GAAP net income of $3.2 million • EBITDA of $4.3 million • Adjusted EBITDA of $7.7 million
Revenue of $49.3 million higher than any quarter in 2017 • Revenue growth of 7% over prior year • GAAP gross margin expansion of 30 basis points year over year • Breakeven GAAP EPS • Cash flows provided by operations of $11.7 million, highest in over 10 years
2017 Full Year Highlights
Revenue of $184.4 million, highest in company history, up 10% year-over-year • GAAP gross margin at 47.6%, highest in company history, up 522 basis points year-over-year • Cash Gross Margin 58.2%, highest in company history, up 420 basis points year-over-year • GAAP net loss of $7.6 million, second lowest in company history • Non-GAAP net income of $10.6 million, highest in company history and more than all previous years combined • EBITDA of $12.4 million, highest in company history and more than all previous years combined • Adjusted EBITDA of $30.7 million, highest in company history
