| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $2.2B | $1.9B | -26.6% | -12.8% |
| Op. Income | -$321M | $252M | $25M | -227.4% | -1384.0% |
| Gross Margin | 11.1% | 27.2% | 20.5% | -16.1pp | -9.3pp |
| Net Margin | -14.2% | 8.1% | 0.2% | -22.3pp | -14.4pp |
| EPS (Diluted) | $-1.89 | $1.46 | $0.03 | -229.5% | -6400.0% |
| Free Cash Flow | -$86M | $172M | $353M | -150.0% | -124.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $182M |
| R&D Expenses | $0 |
| Selling & Marketing | $55M |
| General & Administrative | $0 |
| SG&A Expenses | $55M |
| Other Expenses | $448M |
| Operating Expenses | $503M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | -$321M |
| Interest Income | $9M |
| Interest Expense | $10M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | -$317M |
| Income Tax Expense | -$85M |
| Net Income from Continuing Ops | -$232M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$232M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$232M |
| D&A | $108M |
| EBIT | -$156M |
| EBITDA | -$48M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$232M |
| Depreciation & Amortization | $108M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$44M |
| Other Non-Cash Items | $204M |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | $33M |
| Capital Expenditure | -$119M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$527M |
| Sales/Maturities of Investments | $511M |
| Other Investing Activities | $8M |
| NET CASH FROM INVESTING | -$127M |
| Net Debt Issuance | $765M |
| Common Stock Repurchased | -$31M |
| Common Dividends Paid | -$45M |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | $684M |
| FREE CASH FLOW | -$86M |
| Net Change in Cash | $590M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $811M |
| Short-Term Investments | $1.3B |
| Net Receivables | $279M |
| Inventory | $68M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.6B |
| PP&E (Net) | $8.4B |
| Goodwill | $1.9B |
| Intangible Assets | $110M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $300M |
| TOTAL NON-CURRENT ASSETS | $10.8B |
| TOTAL ASSETS | $13.4B |
| Account Payables | $119M |
| Short-Term Debt | $1.1B |
| Deferred Revenue | $1.6B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3.7B |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $1.5B |
| Deferred Tax Liabilities | $665M |
| Other Non-Current Liabilities | $830M |
| TOTAL NON-CURRENT LIABILITIES | $5.6B |
| TOTAL LIABILITIES | $9.3B |
| Common Stock | $1M |
| Additional Paid-In Capital | $314M |
| Retained Earnings | $4.9B |
| Treasury Stock | -$674M |
| Accum. Other Comp. Income | -$482M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.0B |
| TOTAL LIABILITIES & EQUITY | $13.4B |
| Total Debt | $3.9B |
| Net Debt | $3.1B |
