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

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