FINANCIALS HIGHLIGHTS
Q2 2015
Strong Revenue Growth
- Q2 Record revenues of $236 million (35% organic y-o-y growth)
- Q3 Mid range guidance of $244 million
Substantial Margins increase
- GAAP net profit with sustainable business model
- Non-GAAP gross margin of 37% (up from 27% in Q2 ‘14)
- EBIDTA of $59M (77% y-o-y increase); Non-GAAP Net Profit of $54M
Strong Balance Sheet and Financial Ratios
- Shareholders’ equity of $300M
- Net debt reduced to $150M (vs. ~$400M as of June 30, 2014)
- Cash on hand as of June 30, 2015 of $143M