First-Quarter 2019 Financial Highlights:

  • GAAP earnings per share (EPS) of $0.55, up $0.47 year-over-year, and adjusted EPS of $0.91, up $0.23 year-over-year

  • $226 million of operating cash flow, up $10 million year-over-year, and $211 million of free cash flow, up $13 million year-over-year

  • Adjusted operating margin of 11.3%, up 140 basis points year-over-year
  • $2.2 billion of revenue in the quarter, a decrease of 9.4% year-over-year or 7% percent in constant currency

  • Raising 2019 guidance for GAAP EPS to $2.90 to $3.05 and adjusted EPS to $3.80 to $3.95. Prior guidance was $2.60 to $2.70 and $3.70 to $3.80, respectively.

News Release Related Earnings Documents Webcast and Multimedia
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