| Metric | FY 2019 | Prior Q | FY 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.4B | — | $2.3B | — | 4.8% |
| Op. Income | -$223M | — | -$159M | — | -40.0% |
| Gross Margin | 100.0% | — | 100.0% | — | 0.0pp |
| Net Margin | -9.9% | — | -6.3% | — | -3.6pp |
| EPS (Diluted) | $-3.95 | — | $-2.46 | — | -60.6% |
| Free Cash Flow | -$360M | — | -$332M | — | -8.5% |
| Item | Amount |
|---|---|
| REVENUE | $2.4B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $2.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $522M |
| SG&A Expenses | $522M |
| Other Expenses | -$3.2B |
| Operating Expenses | -$2.6B |
| Cost & Expenses | $2.6B |
| OPERATING INCOME | -$223M |
| Interest Income | $0 |
| Interest Expense | $20M |
| Other Income/Expenses | -$38M |
| INCOME BEFORE TAX | -$219M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | -$242M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$241M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$276M |
| D&A | $53M |
| EBIT | -$199M |
| EBITDA | -$145M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$241M |
| Depreciation & Amortization | $53M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $25M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$142M |
| OPERATING CASH FLOW | -$338M |
| Capital Expenditure | -$22M |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | -$3.5B |
| Sales/Maturities of Investments | $3.7B |
| Other Investing Activities | -$400.0K |
| NET CASH FROM INVESTING | $218M |
| Net Debt Issuance | -$133M |
| Common Stock Repurchased | -$100.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | $65M |
| FREE CASH FLOW | -$360M |
| Net Change in Cash | -$53M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $5.2B |
| Net Receivables | $3.8B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $10.4B |
| PP&E (Net) | $158M |
| Goodwill | $4M |
| Intangible Assets | $20M |
| Long-Term Investments | $6.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$6.9B |
| TOTAL NON-CURRENT ASSETS | $6.9B |
| TOTAL ASSETS | $12.6B |
| Account Payables | $440M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$663M |
| TOTAL CURRENT LIABILITIES | $440M |
| Long-Term Debt | $300M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$413M |
| TOTAL NON-CURRENT LIABILITIES | $413M |
| TOTAL LIABILITIES | $9.9B |
| Common Stock | $600.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $1.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $12.6B |
| Total Debt | $413M |
| Net Debt | -$618M |
