| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $8.5B | $12.0B | -81.0% | -86.4% |
| Op. Income | -$2.5B | -$2.5B | $1.2B | 2.5% | -315.6% |
| Gross Margin | -204.8% | 2.8% | 24.4% | -207.6pp | -229.2pp |
| Net Margin | -127.4% | -26.3% | 5.5% | -101.1pp | -133.0pp |
| EPS (Diluted) | $-4.82 | $-5.26 | $1.49 | 8.4% | -423.5% |
| Free Cash Flow | -$1.3B | -$1.0B | -$282M | -27.9% | -359.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $4.9B |
| GROSS PROFIT | -$3.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $57M |
| General & Administrative | $0 |
| SG&A Expenses | $57M |
| Other Expenses | -$893M |
| Operating Expenses | -$836M |
| Cost & Expenses | $4.1B |
| OPERATING INCOME | -$2.5B |
| Interest Income | $10M |
| Interest Expense | $254M |
| Other Income/Expenses | -$173M |
| INCOME BEFORE TAX | -$2.7B |
| Income Tax Expense | -$592M |
| Net Income from Continuing Ops | -$2.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2.1B |
| D&A | $583M |
| EBIT | -$2.4B |
| EBITDA | -$1.8B |
| EPS | -$5 |
| EPS Diluted | -$5 |
| Item | Amount |
|---|---|
| Net Income | -$2.1B |
| Depreciation & Amortization | $667M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $492M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | -$908M |
| Capital Expenditure | -$388M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$7.1B |
| Sales/Maturities of Investments | $894M |
| Other Investing Activities | -$189M |
| NET CASH FROM INVESTING | -$6.8B |
| Net Debt Issuance | $6.2B |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1.5B |
| NET CASH FROM FINANCING | $7.7B |
| FREE CASH FLOW | -$1.3B |
| Net Change in Cash | $8.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $462M |
| Short-Term Investments | $9.4B |
| Net Receivables | $879M |
| Inventory | $1.7B |
| Other Current Assets | $539M |
| TOTAL CURRENT ASSETS | $13.8B |
| PP&E (Net) | $41.7B |
| Goodwill | $4.1B |
| Intangible Assets | $2.0B |
| Long-Term Investments | $0 |
| Tax Assets | $1.7B |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $50.8B |
| TOTAL ASSETS | $64.5B |
| Account Payables | $1.2B |
| Short-Term Debt | $2.6B |
| Deferred Revenue | $7.5B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $18.0B |
| Long-Term Debt | $28.7B |
| Deferred Revenue NC | $6.6B |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7.4B |
| TOTAL NON-CURRENT LIABILITIES | $49.7B |
| TOTAL LIABILITIES | $67.7B |
| Common Stock | $5M |
| Additional Paid-In Capital | $5.4B |
| Retained Earnings | -$2.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$6.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$3.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | -$3.2B |
| TOTAL LIABILITIES & EQUITY | $64.5B |
| Total Debt | $40.0B |
| Net Debt | $39.6B |
