| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $264M | $163M | $150M | 61.8% | 76.1% |
| Op. Income | $27M | $51M | $55M | -46.9% | -50.6% |
| Gross Margin | 82.8% | 80.4% | 83.9% | 2.4pp | -1.1pp |
| Net Margin | 8.1% | 23.8% | 27.6% | -15.7pp | -19.5pp |
| EPS (Diluted) | $0.31 | $0.82 | $0.87 | -62.2% | -64.4% |
| Free Cash Flow | -$617M | -$34M | -$42M | -1723.6% | -1358.4% |
| Item | Amount |
|---|---|
| REVENUE | $264M |
| Cost of Revenue | $46M |
| GROSS PROFIT | $219M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $78M |
| SG&A Expenses | $80M |
| Other Expenses | $112M |
| Operating Expenses | $192M |
| Cost & Expenses | $237M |
| OPERATING INCOME | $27M |
| Interest Income | $188M |
| Interest Expense | $40M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $14M |
| EBIT | $27M |
| EBITDA | $41M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $264M |
| Cost of Revenue | $46M |
| GROSS PROFIT | $219M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $78M |
| SG&A Expenses | $80M |
| Other Expenses | $112M |
| Operating Expenses | $192M |
| Cost & Expenses | $237M |
| OPERATING INCOME | $27M |
| Interest Income | $188M |
| Interest Expense | $40M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $14M |
| EBIT | $27M |
| EBITDA | $41M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $21M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $936.0K |
| Deferred Income Tax | $8M |
| Other Non-Cash Items | -$661M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$616M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $244M |
| Purchases of Investments | -$27M |
| Sales/Maturities of Investments | $77M |
| Other Investing Activities | -$195M |
| NET CASH FROM INVESTING | $98M |
| Net Debt Issuance | $635M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $30M |
| NET CASH FROM FINANCING | $660M |
| FREE CASH FLOW | -$617M |
| Net Change in Cash | $142M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $194M |
| Short-Term Investments | $1.5B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $239M |
| Goodwill | $911M |
| Intangible Assets | $97M |
| Long-Term Investments | $14.0B |
| Tax Assets | $22M |
| Other Non-Current Assets | $763M |
| TOTAL NON-CURRENT ASSETS | $16.1B |
| TOTAL ASSETS | $17.8B |
| Account Payables | $0 |
| Short-Term Debt | $88M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $13.7B |
| TOTAL CURRENT LIABILITIES | $13.7B |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $188M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $15.3B |
| Common Stock | $71M |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $457M |
| Treasury Stock | -$28M |
| Accum. Other Comp. Income | $15M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $17.8B |
| Total Debt | $1.5B |
| Net Debt | $1.3B |
