In 5.0.3
 Go to System settings> Advanced > Mail Settings > Create New (SMTP Server)
 Enter your SMTP Server details, Save (OK).
 Go to Reports > Advanced > Output Profiles > Create New (Output Profile)
 Enter profile name and description, subject and body of email,
 Click Add new Email recipient
 You will see the SMTP server you created before
 Enter " From"  email (for me it worked only if I used the same email address used in SMTP server settings)
 Enter " To"  email address.
 Click OK
 
 Go to Reports > Reports > Select existing report or right click and create new
 Select your desired report settings: Output profile (that you created above)
 Time period, Devices (for me it works only if I specify the device)
 Select schedule (daily, weekly, etc)
 Apply any filters, click Apply.
 
 If you want to test the email delivery you can change the schedule to " On Demand"  and click " Run Now" 
 
 Good luck!