| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $797M | $808M | $1.6B | -1.4% | -51.3% |
| Op. Income | -$161M | -$595M | -$321M | 72.9% | 49.8% |
| Gross Margin | -37.1% | -26.4% | 11.1% | -10.8pp | -48.3pp |
| Net Margin | -16.4% | -55.3% | -14.2% | 38.9pp | -2.3pp |
| EPS (Diluted) | $-1.05 | $-3.47 | $-1.89 | 69.7% | 44.4% |
| Free Cash Flow | $140M | -$352M | -$86M | 139.8% | 262.8% |
| Item | Amount |
|---|---|
| REVENUE | $797M |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | -$296M |
| R&D Expenses | $0 |
| Selling & Marketing | $33M |
| General & Administrative | $0 |
| SG&A Expenses | $33M |
| Other Expenses | -$168M |
| Operating Expenses | -$135M |
| Cost & Expenses | $958M |
| OPERATING INCOME | -$161M |
| Interest Income | $7M |
| Interest Expense | $29M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | -$173M |
| Income Tax Expense | -$42M |
| Net Income from Continuing Ops | -$131M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$131M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$131M |
| D&A | $97M |
| EBIT | -$557M |
| EBITDA | -$460M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$131M |
| Depreciation & Amortization | $97M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | -$39M |
| Other Non-Cash Items | $301M |
| Change in Working Capital | -$73M |
| OPERATING CASH FLOW | $167M |
| Capital Expenditure | -$27M |
| Acquisitions (Net) | $511M |
| Purchases of Investments | -$1.2B |
| Sales/Maturities of Investments | $732M |
| Other Investing Activities | -$516M |
| NET CASH FROM INVESTING | -$543M |
| Net Debt Issuance | $74M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $8M |
| NET CASH FROM FINANCING | $82M |
| FREE CASH FLOW | $140M |
| Net Change in Cash | -$294M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $2.5B |
| Net Receivables | $517M |
| Inventory | $57M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.3B |
| PP&E (Net) | $7.6B |
| Goodwill | $1.9B |
| Intangible Assets | $105M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $363M |
| TOTAL NON-CURRENT ASSETS | $10.0B |
| TOTAL ASSETS | $14.3B |
| Account Payables | $133M |
| Short-Term Debt | $1.2B |
| Deferred Revenue | $2.1B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4.8B |
| Long-Term Debt | $2.3B |
| Deferred Revenue NC | $1.5B |
| Deferred Tax Liabilities | $365M |
| Other Non-Current Liabilities | $1.1B |
| TOTAL NON-CURRENT LIABILITIES | $6.6B |
| TOTAL LIABILITIES | $11.4B |
| Common Stock | $1M |
| Additional Paid-In Capital | $409M |
| Retained Earnings | $3.6B |
| Treasury Stock | -$674M |
| Accum. Other Comp. Income | -$494M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $14.3B |
| Total Debt | $5.1B |
| Net Debt | $4.0B |
