| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $669M | $508M | $729M | 31.7% | -8.2% |
| Op. Income | -$31M | -$18M | -$261M | -66.3% | 88.3% |
| Gross Margin | 20.5% | 100.0% | 100.0% | -79.5pp | -79.5pp |
| Net Margin | -2.2% | -2.9% | -34.9% | 0.7pp | 32.6pp |
| EPS (Diluted) | $-0.38 | $-0.38 | $-4.48 | 0.0% | 91.5% |
| Free Cash Flow | -$35M | -$94M | $143M | 62.2% | -124.7% |
| Item | Amount |
|---|---|
| REVENUE | $669M |
| Cost of Revenue | $532M |
| GROSS PROFIT | $137M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $160M |
| SG&A Expenses | $160M |
| Other Expenses | $8M |
| Operating Expenses | $168M |
| Cost & Expenses | $700M |
| OPERATING INCOME | -$31M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$31M |
| Income Tax Expense | -$16M |
| Net Income from Continuing Ops | -$15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$23M |
| D&A | $9M |
| EBIT | -$25M |
| EBITDA | -$16M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$15M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $500.0K |
| Deferred Income Tax | $17M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$40M |
| OPERATING CASH FLOW | -$27M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | -$100.0K |
| Purchases of Investments | -$671M |
| Sales/Maturities of Investments | $715M |
| Other Investing Activities | -$14M |
| NET CASH FROM INVESTING | $22M |
| Net Debt Issuance | -$15M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$14M |
| Other Financing Activities | -$200.0K |
| NET CASH FROM FINANCING | -$37M |
| FREE CASH FLOW | -$35M |
| Net Change in Cash | -$44M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $125M |
| Net Receivables | $3.7B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.5B |
| PP&E (Net) | $75M |
| Goodwill | $4M |
| Intangible Assets | $23M |
| Long-Term Investments | $6.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $25M |
| TOTAL NON-CURRENT ASSETS | $6.9B |
| TOTAL ASSETS | $12.8B |
| Account Payables | $586M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$586M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $425M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$425M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $10.0B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $966M |
| Retained Earnings | $2.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$155M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $3M |
| TOTAL EQUITY | $2.8B |
| TOTAL LIABILITIES & EQUITY | $12.8B |
| Total Debt | $425M |
| Net Debt | -$602M |
