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Recent News + Filings   (All items)

Financial Summary   (All financials)
In millions, except per share itemsDec-31-18Dec-31-17Dec-31-16
Revenues1,821.8886.0436.1
            Revenue growth105.6%103.2% 
Cost of goods sold2,105.2926.2468.9
Gross profit-283.4-40.2-32.8
            Gross margin-15.6%-4.5%-7.5%
Sales and marketing378.7143.443.4
General and administrative357.5454.0115.3
EBIT-1,691.0-931.8-396.3
            EBIT margin-92.8%-105.2%-90.9%
Pre-tax income-1,928.3-939.2-429.7
Income taxes-0.9-5.70.0
            Tax rate0.0%0.6% 
Net income-1,610.8-884.0-429.7
            Net margin-88.4%-99.8%-98.5%
 
Diluted EPS$365,258.96($5.54)($2.66)
Shares outstanding (diluted)0.0159.6161.5
 
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.

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