[jiveturkey]

> They are losing money.

They have $4b in cash and Q1 FCF $84m, and 70% gross margin. They can become profitable anytime they want.

[tlogan]

And apparently “anytime they want” is going to be this year.

[onlyrealcuzzo]

What's the reasoning that software companies don't have to count R&D into gross margins?

> They can become profitable anytime they want.

By cutting 1100 workers!