Acacia Communications, Inc. (ACIA) [Rocket]

In millions, except per share items	Dec-31-20	Sep-30-20	Jun-30-20	Mar-31-20	Dec-31-19	Sep-30-19	Jun-30-19	Mar-31-19
	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q
Revenue	164.2	158.5	135.2	125.6	128.7	119.6	111.2	105.2
Revenue growth	27.6%	32.5%	21.6%	19.4%	20.1%	26.1%	71.0%	44.2%
Cost of revenue	84.5	78.5	70.0	66.3	68.0	60.5	60.1	55.4
Gross profit	79.7	79.9	65.2	59.3	60.7	59.1	51.1	49.8
Gross margin	48.5%	50.4%	48.2%	47.2%	47.2%	49.4%	45.9%	47.4%

Operating expenses:
Research and development	29.8	39.9	32.6	32.1	40.1	28.6	29.0	31.0
Sales, general and administrative	12.7	15.1	18.3	14.4	14.4	20.5	29.9	15.8
Total operating expenses	42.5	55.0	50.9	46.5	54.6	49.1	58.9	46.7
Income (loss) from operations	37.2	24.9	14.4	12.8	6.1	10.0	-7.8	3.1
Operating margin	22.7%	15.7%	10.6%	10.2%	4.8%	8.3%	-7.0%	2.9%

Other income, net:
Interest income, net	0.7	1.0	1.6	2.3	2.5	2.6	2.9	2.4
Other expense, net	0.0	0.0	0.0	0.0	0.0	-0.1	-0.1	-0.1
Total other income, net	0.7	1.0	1.6	2.3	2.5	2.5	2.8	2.4
Income (loss) before provision (benefit) for income taxes	37.9	25.9	15.9	15.1	8.6	12.5	-4.9	5.5
Income tax expense (benefit)	3.5	1.7	-0.1	-0.6	-4.2	-2.6	-2.9	-1.5
Net income	34.4	24.3	16.1	15.6	12.8	15.1	-2.0	7.0

Earnings per share:
Basic (in USD per share)	$0.82	$0.58	$0.38	$0.38	$0.31	$0.37	($0.05)	$0.17
Diluted (in USD per share)	$0.79	$0.56	$0.37	$0.36	$0.30	$0.35	($0.05)	$0.17

Weighted-average shares used to compute earnings per share:
Basic (in shares)	41.9	42.1	41.9	41.6	40.9	41.1	40.8	40.3
Diluted (in shares)	43.2	43.2	43.1	43.0	42.6	42.7	40.8	42.0