| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $352M | $551M | $601M | -36.1% | -41.3% |
| Op. Income | -$73M | $70M | $176M | -204.4% | -141.4% |
| Gross Margin | 63.7% | 71.6% | 72.0% | -7.9pp | -8.3pp |
| Net Margin | -11.5% | 275.5% | 24.5% | -287.1pp | -36.0pp |
| EPS (Diluted) | $-0.52 | $19.21 | $1.83 | -102.7% | -128.4% |
| Free Cash Flow | $25M | -$36M | $132M | 170.2% | -80.7% |
| Item | Amount |
|---|---|
| REVENUE | $352M |
| Cost of Revenue | $128M |
| GROSS PROFIT | $224M |
| R&D Expenses | $40M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $257M |
| Other Expenses | $0 |
| Operating Expenses | $297M |
| Cost & Expenses | $425M |
| OPERATING INCOME | -$73M |
| Interest Income | $473.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$493.0K |
| INCOME BEFORE TAX | -$73M |
| Income Tax Expense | -$33M |
| Net Income from Continuing Ops | -$41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$41M |
| D&A | $24M |
| EBIT | -$73M |
| EBITDA | -$49M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$41M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $25M |
| Deferred Income Tax | -$17M |
| Other Non-Cash Items | $18M |
| Change in Working Capital | $51M |
| OPERATING CASH FLOW | $60M |
| Capital Expenditure | -$34M |
| Acquisitions (Net) | -$421M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $7M |
| NET CASH FROM INVESTING | -$449M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $25M |
| Net Change in Cash | -$386M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $404M |
| Short-Term Investments | $0 |
| Net Receivables | $567M |
| Inventory | $131M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $738M |
| Goodwill | $416M |
| Intangible Assets | $128M |
| Long-Term Investments | $2M |
| Tax Assets | $1.6B |
| Other Non-Current Assets | $25M |
| TOTAL NON-CURRENT ASSETS | $2.9B |
| TOTAL ASSETS | $4.0B |
| Account Payables | $95M |
| Short-Term Debt | $0 |
| Deferred Revenue | $602M |
| Other Current Liabilities | -$104.0K |
| TOTAL CURRENT LIABILITIES | $942M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $189M |
| TOTAL NON-CURRENT LIABILITIES | $239M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $8.0K |
| Additional Paid-In Capital | $918M |
| Retained Earnings | $1.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.8B |
| TOTAL LIABILITIES & EQUITY | $4.0B |
| Total Debt | $71M |
| Net Debt | -$333M |
