| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $421M | $1.6B | $2.3B | -74.3% | -81.6% |
| Op. Income | -$288M | -$321M | $364M | 10.3% | -179.1% |
| Gross Margin | -90.3% | 11.1% | 31.6% | -101.4pp | -121.9pp |
| Net Margin | -50.8% | -14.2% | 11.5% | -36.7pp | -62.3pp |
| EPS (Diluted) | $-1.74 | $-1.89 | $2.11 | 7.9% | -182.5% |
| Free Cash Flow | $239M | -$86M | $347M | 377.9% | -31.1% |
| Item | Amount |
|---|---|
| REVENUE | $421M |
| Cost of Revenue | $801M |
| GROSS PROFIT | -$380M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | -$96M |
| Operating Expenses | -$92M |
| Cost & Expenses | $709M |
| OPERATING INCOME | -$288M |
| Interest Income | $7M |
| Interest Expense | $16M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$291M |
| Income Tax Expense | -$77M |
| Net Income from Continuing Ops | -$214M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$214M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$214M |
| D&A | $107M |
| EBIT | -$594M |
| EBITDA | -$487M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$214M |
| Depreciation & Amortization | $107M |
| Stock-Based Compensation | -$2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$293M |
| Change in Working Capital | $690M |
| OPERATING CASH FLOW | $288M |
| Capital Expenditure | -$49M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$477M |
| Sales/Maturities of Investments | $527M |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | $3M |
| Net Debt Issuance | $375M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $32M |
| NET CASH FROM FINANCING | $407M |
| FREE CASH FLOW | $239M |
| Net Change in Cash | $698M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $1.3B |
| Net Receivables | $280M |
| Inventory | $56M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.2B |
| PP&E (Net) | $8.4B |
| Goodwill | $1.9B |
| Intangible Assets | $109M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $339M |
| TOTAL NON-CURRENT ASSETS | $10.8B |
| TOTAL ASSETS | $14.0B |
| Account Payables | $102M |
| Short-Term Debt | $1.1B |
| Deferred Revenue | $1.7B |
| Other Current Liabilities | $361M |
| TOTAL CURRENT LIABILITIES | $4.1B |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $1.5B |
| Deferred Tax Liabilities | $619M |
| Other Non-Current Liabilities | $954M |
| TOTAL NON-CURRENT LIABILITIES | $6.0B |
| TOTAL LIABILITIES | $10.1B |
| Common Stock | $1M |
| Additional Paid-In Capital | $350M |
| Retained Earnings | $4.6B |
| Treasury Stock | -$674M |
| Accum. Other Comp. Income | -$458M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.9B |
| TOTAL LIABILITIES & EQUITY | $14.0B |
| Total Debt | $4.3B |
| Net Debt | $2.8B |
