| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $578M | $669M | $573M | -13.6% | 0.9% |
| Op. Income | -$144M | -$31M | -$200M | -369.3% | 28.0% |
| Gross Margin | -6.4% | 20.5% | 100.0% | -26.9pp | -106.4pp |
| Net Margin | -25.5% | -2.2% | -32.4% | -23.3pp | 6.8pp |
| EPS (Diluted) | $-2.58 | $0.00 | $-3.23 | -Infinity% | 20.3% |
| Free Cash Flow | -$88M | -$35M | -$168M | -149.9% | 47.4% |
| Item | Amount |
|---|---|
| REVENUE | $578M |
| Cost of Revenue | $615M |
| GROSS PROFIT | -$37M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $100M |
| SG&A Expenses | $100M |
| Other Expenses | $6M |
| Operating Expenses | $107M |
| Cost & Expenses | $722M |
| OPERATING INCOME | -$144M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$144M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | -$147M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$148M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$155M |
| D&A | $11M |
| EBIT | -$138M |
| EBITDA | -$127M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$148M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $55M |
| OPERATING CASH FLOW | -$82M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | -$100.0K |
| Purchases of Investments | -$627M |
| Sales/Maturities of Investments | $818M |
| Other Investing Activities | -$12M |
| NET CASH FROM INVESTING | $173M |
| Net Debt Issuance | -$8M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$12M |
| NET CASH FROM FINANCING | -$28M |
| FREE CASH FLOW | -$88M |
| Net Change in Cash | $57M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $115M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.5B |
| PP&E (Net) | $73M |
| Goodwill | $4M |
| Intangible Assets | $26M |
| Long-Term Investments | $6.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$6.8B |
| TOTAL NON-CURRENT ASSETS | $6.8B |
| TOTAL ASSETS | $12.5B |
| Account Payables | $421M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$669M |
| TOTAL CURRENT LIABILITIES | $406M |
| Long-Term Debt | $425M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$425M |
| TOTAL NON-CURRENT LIABILITIES | $425M |
| TOTAL LIABILITIES | $9.9B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $968M |
| Retained Earnings | $1.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$122M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $4M |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $12.5B |
| Total Debt | $425M |
| Net Debt | -$659M |
