In the opinion of management, all necessary adjustments, consisting only of normal recurring adjustments, have been included to present fairly the unaudited consolidated quarterly results when read in conjunction with the Company's audited consolidated financial statements and related notes.



	First Quarter			Second Quarter			Third Quarter		Fourth Quarter (1)
	(In thousands, except per share data)
Fiscal 2017
Revenue	$	53,368		$	55,733		$	74,629	$	146,212
Cost of revenue	19,620			19,331			20,082		69,413
Gross profit	$	33,748		$	36,402		$	54,547	$	76,799
Income (loss) from operations	$	(10,782	)	$	(12,703	)	$	3,919	$	(35,663	)
Net income (loss)	$	(10,646	)	$	(12,345	)	$	3,453	$	(15,714	)
Earnings (loss) per share (3):
Basic	$	(0.22	)	$	(0.25	)	$	0.07	$	(0.18	)
Diluted	$	(0.22	)	$	(0.25	)	$	0.07	$	(0.18	)
Shares used in computing earnings (loss) per share:
Basic	49,114			49,543			49,753		86,567
Diluted	49,114			49,543			50,131		86,567



	First Quarter			Second Quarter			Third Quarter (2)			Fourth Quarter
	(In thousands, except per share data)
Fiscal 2016
Revenue	$	59,151		$	60,857		$	65,011		$	67,572
Cost of revenue	20,748			20,629			21,425			22,178
Gross profit	$	38,403		$	40,228		$	43,586		$	45,394
Loss from operations	$	(3,881	)	$	(2,708	)	$	(4,316	)	$	(2,704	)
Net loss	$	(4,654	)	$	(2,916	)	$	(3,731	)	$	(2,631	)
Loss per share (3):
Basic	$	(0.09	)	$	(0.06	)	$	(0.08	)	$	(0.05	)
Diluted	$	(0.09	)	$	(0.06	)	$	(0.08	)	$	(0.05	)
Shares used in computing loss per share:
Basic	49,484			49,423			49,402			49,232
Diluted	49,484			49,423			49,402			49,232

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(1)	Includes the results of GENBAND for the period subsequent to October 27, 2017.


(2)	Includes the results of Taqua for the period subsequent to September 26, 2016.


(3)	Income (loss) per share is calculated independently for each of the quarters presented; accordingly, the sum of the quarterly earnings (loss) per share amounts may not equal the total calculated for the year.