Aerohive networks, inc. (HIVE)
Income statement / Quarterly
Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13
Revenue:
Revenue from Contract with Customer, Excluding Assessed Tax

38,037

33,017

-

-

40,475

35,767

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Sales Revenue, Goods, Net

-

-

25,587

28,817

-

-

24,899

29,162

32,105

26,967

32,887

31,691

39,536

32,456

38,920

36,130

30,751

20,480

31,149

30,776

33,721

24,861

27,268

26,376

25,883

18,037

Sales Revenue, Services, Net

-

-

12,528

11,735

-

-

10,828

10,139

10,096

9,362

8,810

8,678

8,095

7,672

7,306

6,650

6,085

5,337

5,031

4,550

3,833

3,371

3,004

2,628

2,149

1,790

Revenue, Net

-

-

38,115

40,552

-

-

35,727

39,301

42,201

36,329

41,697

40,369

47,631

40,128

46,226

42,780

36,836

25,817

36,180

35,326

37,554

28,232

30,272

29,004

28,032

19,827

Cost of revenue
Cost of Goods Sold

-

-

9,648

10,595

-

-

7,951

9,880

10,470

8,815

10,309

10,070

12,413

10,439

12,362

11,707

9,619

6,808

10,159

9,764

10,560

7,882

8,565

8,652

8,059

6,155

Subscription and support

-

-

3,481

3,344

-

-

3,320

3,244

3,153

3,176

3,018

3,095

3,050

2,903

2,857

2,686

2,526

1,828

1,717

1,678

1,639

1,366

1,294

1,111

1,010

835

Total cost of revenue

13,607

12,638

13,129

13,939

13,762

12,075

11,271

13,124

13,623

11,991

13,327

13,165

15,463

13,342

15,219

14,393

12,145

8,636

11,876

11,442

12,199

9,248

9,859

9,763

9,069

6,990

Gross profit

24,430

20,379

24,986

26,613

26,713

23,692

24,456

26,177

28,578

24,338

28,370

27,204

32,168

26,786

31,007

28,387

24,691

17,181

24,304

23,884

25,355

18,984

20,413

19,241

18,963

12,837

Operating expenses:
Research and development

9,668

8,763

9,257

8,529

8,581

9,279

8,386

9,260

9,222

9,550

10,047

10,685

10,562

10,210

10,433

10,098

8,883

7,510

7,031

7,544

6,833

6,138

6,801

6,510

6,674

5,757

Sales and Marketing Expense

13,170

14,497

14,837

15,449

15,731

15,670

14,384

16,153

17,411

17,437

18,961

19,647

21,322

21,068

21,035

21,364

20,195

18,495

18,728

18,056

19,011

16,569

15,762

14,507

14,604

12,900

General and administrative

7,711

6,011

6,039

5,243

5,272

5,954

5,608

5,700

5,489

6,297

6,704

6,515

7,725

7,895

6,638

7,212

6,206

6,247

5,984

5,224

5,135

4,837

5,016

4,858

3,926

3,889

Total operating expenses

30,549

29,271

30,133

29,221

29,584

30,903

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

27,579

25,875

25,204

22,546

Operating loss

-6,119

-8,892

-5,147

-2,608

-2,871

-7,211

-3,922

-4,936

-3,544

-8,946

-7,342

-9,643

-7,441

-12,387

-7,099

-10,287

-10,593

-15,071

-7,439

-6,940

-5,624

-8,560

-7,166

-6,634

-6,241

-9,709

Interest income

475

496

505

437

337

289

236

180

164

140

123

109

117

119

54

21

19

14

18

10

8

1

-

-

-

-

Interest income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2

3

4

Interest expense

200

207

205

196

183

164

155

135

147

130

123

115

110

126

142

140

173

754

461

458

459

465

262

141

101

100

Other income (expense), net

-80

3

-950

-6

-31

-173

-40

-90

-93

-85

49

22

90

16

72

59

19

135

101

95

-58

117

-289

-1,305

-485

-383

Loss before income taxes

-5,924

-8,600

-5,797

-2,373

-2,748

-7,259

-3,881

-4,981

-3,620

-9,021

-7,293

-9,627

-7,344

-12,378

-7,115

-10,347

-10,728

-15,676

-7,781

-7,293

-6,133

-8,907

-7,711

-8,078

-6,824

-10,188

Income Tax Expense (Benefit)

158

52

-42

60

84

58

234

75

197

97

-29

85

68

145

-70

215

99

108

205

81

135

20

83

58

155

130

Net Income (Loss) Attributable to Parent

-6,082

-8,652

-5,755

-2,433

-2,832

-7,317

-4,115

-5,056

-3,817

-9,118

-7,264

-9,712

-7,412

-12,523

-7,045

-10,562

-10,827

-15,784

-7,986

-7,374

-6,268

-8,927

-7,794

-8,136

-6,979

-10,318

Comprehensive loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-8,136

-6,979

-10,318

Net loss attributable to common stockholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-7,794

-8,136

-6,979

-10,318

Net loss per share, basic and diluted (USD per share)

-0.11

-0.15

-0.10

-0.05

-0.05

-0.13

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1.02

-1.17

-1.03

-1.62

Weighted Average Number of Shares Outstanding, Basic and Diluted

56,676

56,029

55,646

55,392

54,828

54,332

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,380

6,975

6,745

6,366

Allocated Share-based Compensation Expense

3,153

3,585

3,797

3,831

3,584

3,671

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Product
Revenue from Contract with Customer, Excluding Assessed Tax

24,746

20,486

-

-

29,268

25,066

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total cost of revenue

9,888

8,997

-

-

10,379

8,671

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Subscription and support
Revenue from Contract with Customer, Excluding Assessed Tax

13,291

12,531

-

-

11,207

10,701

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total cost of revenue

3,719

3,641

-

-

3,383

3,404

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of Sales [Member]
Allocated Share-based Compensation Expense

240

226

-

-

256

246

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Research and development
Allocated Share-based Compensation Expense

867

1,086

-

-

968

1,046

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Sales and marketing
Allocated Share-based Compensation Expense

913

926

-

-

1,110

997

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

General and administrative
Allocated Share-based Compensation Expense

1,133

1,347

-

-

1,250

1,382

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-