Acacia communications, inc. (ACIA)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Sep'15Jun'15
Revenue

125,626

128,673

119,591

111,183

105,216

107,133

94,814

65,003

72,941

86,603

104,998

78,898

114,667

142,427

135,304

116,192

84,489

65,419

57,846

Cost of revenue

66,344

67,999

60,512

60,096

55,374

54,122

49,981

39,798

48,870

46,587

58,856

53,516

58,367

74,098

72,004

62,240

49,083

40,209

37,441

Gross profit

59,282

60,674

59,079

51,087

49,842

53,011

44,833

25,205

24,071

40,016

46,142

25,382

56,300

68,329

63,300

53,952

35,406

25,210

20,405

Operating expenses:
Research and development

32,095

40,122

28,649

28,976

30,953

28,925

24,696

24,340

24,445

24,430

27,135

22,734

17,728

19,528

18,915

21,839

15,414

9,604

8,820

Sales, general and administrative

14,371

14,438

20,457

29,899

15,787

12,458

12,134

12,984

14,288

10,643

10,105

9,368

8,691

7,432

7,541

8,649

4,054

3,005

2,932

Gain on disposal of property and equipment

-

-

-

-

-

-

-

-

-

-

0

47

-

-

0

0

-

-

-

Total operating expenses

46,466

54,560

49,106

58,875

46,740

41,383

36,830

37,324

38,733

35,073

37,240

32,055

26,419

26,985

26,456

30,488

19,468

12,609

11,752

Income from operations

12,816

6,114

9,973

-7,788

3,102

11,628

8,003

-12,119

-14,662

4,943

8,902

-6,673

29,881

41,344

36,844

23,464

15,938

12,601

8,653

Other income, net:
Interest income, net

2,293

2,473

2,592

2,902

2,446

-

-

-

-

1,127

990

827

445

268

156

20

9

-6

-84

Change in fair value of preferred stock warrant liability

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

3,609

-248

-

-

Other expense, net

-43

36

-102

-55

-52

-

-

-

-

-79

-21

-1

-38

7

10

-58

-20

-32

-85

Total other income, net

2,250

2,509

2,490

2,847

2,394

2,152

2,011

1,300

1,283

1,048

969

826

407

275

166

-3,647

237

-408

-1,230

Income before benefit for income taxes

15,066

8,623

12,463

-4,941

5,496

13,780

10,014

-10,819

-13,379

5,991

9,871

-5,847

30,288

41,619

37,010

19,817

16,175

12,193

7,423

Benefit for income taxes

-600

-4,159

-2,642

-2,916

-1,500

4,692

1,863

-7,574

-4,301

26,355

-8,628

-10,511

-5,421

-22,874

2,122

2,219

1,577

3,354

2,716

Net Income (Loss) Attributable to Parent

15,644

12,782

15,105

-2,025

6,977

9,088

8,151

-3,245

-9,078

-20,364

18,499

4,664

35,709

64,493

34,888

17,598

14,598

8,839

4,707

Temporary Equity, Accretion to Redemption Value, Adjustment

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

636

1,086

1,097

1,085

Undistributed earnings attributable to participating securities

-

-

-

-

-

-

-

-

-

-

-

-

-

17,550

0

6,455

10,566

6,094

2,868

Net Income (Loss) Available to Common Stockholders, Basic

-

-

-

-

-

-

-

-

-

-

-

-

-

46,943

34,888

10,507

2,946

1,648

754

Less: change in fair value of preferred stock warrant liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

248

370

1,061

Net income attributable to common stockholders - diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

47,191

34,888

10,507

2,698

-

-

Earnings Per Share [Abstract]
Basic (in USD per share)

0.38

0.31

0.37

-0.05

0.17

0.23

0.20

-0.08

-0.23

-0.53

0.47

0.12

0.93

1.85

0.97

0.51

0.44

0.25

0.12

Diluted (in USD per share)

0.36

0.30

0.35

-0.05

0.17

0.22

0.19

-0.08

-0.23

-0.49

0.44

0.11

0.86

1.63

0.86

0.43

0.30

0.20

0.09

Weighted Average Number of Shares Outstanding, Diluted [Abstract]
Weighted Average Number of Shares Outstanding, Basic

41,575

41,342

41,126

40,780

40,284

-

-

-

-

39,357

39,259

38,756

38,308

37,803

35,922

20,760

6,743

6,534

6,363

Weighted Average Number of Shares Outstanding, Diluted

43,042

43,004

42,904

42,346

41,962

-

-

-

-

41,767

41,757

41,582

41,654

44,392

40,708

24,373

8,867

8,422

8,063