| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $551M | $578M | $564M | -4.6% | -2.2% |
| Op. Income | $6M | -$144M | $34M | 104.3% | -82.0% |
| Gross Margin | 27.5% | -6.4% | 28.9% | 33.9pp | -1.4pp |
| Net Margin | 2.0% | -25.5% | 5.4% | 27.5pp | -3.5pp |
| EPS (Diluted) | $0.00 | $-2.58 | $0.00 | 100.0% | NaN% |
| Free Cash Flow | -$183M | -$88M | -$131M | -107.6% | -40.0% |
| Item | Amount |
|---|---|
| REVENUE | $551M |
| Cost of Revenue | $400M |
| GROSS PROFIT | $151M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $137M |
| SG&A Expenses | $137M |
| Other Expenses | $8M |
| Operating Expenses | $145M |
| Cost & Expenses | $545M |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $12M |
| EBIT | $12M |
| EBITDA | $24M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $551M |
| Cost of Revenue | $400M |
| GROSS PROFIT | $151M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $137M |
| SG&A Expenses | $137M |
| Other Expenses | $8M |
| Operating Expenses | $145M |
| Cost & Expenses | $545M |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $12M |
| EBIT | $12M |
| EBITDA | $24M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$210M |
| OPERATING CASH FLOW | -$180M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$711M |
| Sales/Maturities of Investments | $793M |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | $80M |
| Net Debt Issuance | -$200.0K |
| Common Stock Repurchased | -$100.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$10M |
| FREE CASH FLOW | -$183M |
| Net Change in Cash | -$108M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $976M |
| Short-Term Investments | $5.3B |
| Net Receivables | $3.9B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $10.9B |
| PP&E (Net) | $164M |
| Goodwill | $4M |
| Intangible Assets | $22M |
| Long-Term Investments | $6.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$7.0B |
| TOTAL NON-CURRENT ASSETS | $7.0B |
| TOTAL ASSETS | $13.0B |
| Account Payables | $544M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$768M |
| TOTAL CURRENT LIABILITIES | $544M |
| Long-Term Debt | $425M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$519M |
| TOTAL NON-CURRENT LIABILITIES | $519M |
| TOTAL LIABILITIES | $10.3B |
| Common Stock | $600.0K |
| Additional Paid-In Capital | $968M |
| Retained Earnings | $1.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$62M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $4M |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $13.0B |
| Total Debt | $519M |
| Net Debt | -$457M |
