MIME 2017 Annual Report

89 17. Quarterly results of operations data (unaudited) The following tables set forth our unaudited quarterly consolidated statements of operations for each of the eight quarters in the period ended March 31, 2018. We have prepared the quarterly consolidated statements of operations data on a basis consistent with the audited consolidated financial statements included elsewhere in this Annual Report on Form 10-K. In the opinion of management, the financial information reflects all adjustments, consisting only of normal recurring adjustments, which we consider necessary for a fair presentation of this data. This information should be read in conjunction with the audited consolidated financial statements and related notes included elsewhere in this Annual Report on Form 10-K. The results of historical periods are not necessarily indicative of the results to be expected for any future period. Quarter ended Mar 31, Dec 31, Sep 30, Jun 30, Mar 31, Dec 31, Sep 30, Jun 30, 2018 2017 2017 2017 2017 2016 2016 2016 (in thousands, except per share amounts) Revenue $ 73,401 $ 67,272 $ 63,066 $ 58,158 $ 52,409 $ 48,333 $ 44,361 $ 41,460 Gross profit 53,225 49,544 46,523 42,906 38,955 35,189 31,984 30,121 Loss from operations (4,206) (1,129) (508) (1,111) (1,969) (3,030) (2,427) (2,947) Net (loss) income (6,554) (2,593) (1,339) (1,900) (2,618) (3,370) 303 244 Net (loss) income applicable to ordinary shareholders—basic $ (6,554) $ (2,593) $ (1,339) $ (1,900) $ (2,618) $ (3,370) $ 303 $ 244 Net (loss) income applicable to ordinary shareholders—diluted $ (6,554) $ (2,593) $ (1,339) $ (1,900) $ (2,618) $ (3,370) $ 303 $ 244 Net (loss) income per share applicable to ordinary shareholders: Basic $ (0.11) $ (0.05) $ (0.02) $ (0.03) $ (0.05) $ (0.06) $ 0.01 $ 0.00 Diluted $ (0.11) $ (0.05) $ (0.02) $ (0.03) $ (0.05) $ (0.06) $ 0.01 $ 0.00 Weighted-average number of ordinary shares used in computing net (loss) income per share applicable to ordinary shareholders: Basic 58,264 57,505 57,027 56,292 55,375 54,949 54,636 54,287 Diluted 58,264 57,505 57,027 56,292 55,375 54,949 58,513 57,655