SYCAMORE NETWORKS INC (SCMR) [Rocket]

In millions, except per share items	Jul-31-16	Jul-31-15	Jul-31-14	Jul-31-13	Mar-23-13	Jul-31-12	Jul-31-11	Jul-31-10
Revenues	0.0	0.0	0.0	0.0	0.0	0.0	48.7	68.6
Revenue growth						-100.0%	-29.0%	1.9%
Cost of goods sold	0.0	0.0	0.0	6.3	0.2	0.2	22.5	31.0
Gross profit	0.0	0.0	0.0	-6.3	-0.2	-0.2	26.2	37.7
Gross margin							53.8%	54.9%
Selling, general and administrative	0.0	0.0	0.0	0.0
Sales and marketing	0.0	0.0	0.0	0.0	1.8	3.1	10.8	10.9
Research and development					4.8	14.1	26.6	31.7
General and administrative	0.0	0.0	0.0	0.0	3.0	5.9	8.2	9.1
EBIT	0.0	0.0	0.0	6.3	-22.2	-23.3	-19.4	-14.1
EBIT margin							-39.8%	-20.5%
Pre-tax income	0.0	0.0	0.0	0.0	-25.3	-23.0	-17.4	-15.2
Income taxes	0.0	0.0	0.0	0.0	-4.4	0.1	0.4	-0.4
Tax rate					17.2%			2.4%
Earnings from continuing ops					-8.2	-19.2	-17.8	-14.8
Earnings from discontinued ops					11.8	6.3
Net income	0.0	0.0	0.0	0.0	-3.5	-12.9	-17.8	-14.8
Net margin							-36.6%	-21.6%

Diluted EPS					($0.28)	($0.67)	($0.62)	($0.52)
Shares outstanding (diluted)					28.9	28.8	28.6	28.4

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.