| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.4B | $3.2B | $3.3B | 7.0% | 4.6% |
| Op. Income | -$215M | $834M | $819M | -125.8% | -126.3% |
| Gross Margin | 92.0% | 92.0% | 100.0% | -0.0pp | -8.0pp |
| Net Margin | -27.5% | 3.0% | 0.9% | -30.4pp | -28.3pp |
| EPS (Diluted) | $-1.92 | $0.20 | $0.06 | -1060.0% | -3492.2% |
| Free Cash Flow | -$526M | -$260M | -$505M | -102.3% | -4.2% |
| Item | Amount |
|---|---|
| REVENUE | $3.4B |
| Cost of Revenue | $274M |
| GROSS PROFIT | $3.2B |
| R&D Expenses | $90M |
| Selling & Marketing | $465M |
| General & Administrative | -$97M |
| SG&A Expenses | $368M |
| Other Expenses | $257M |
| Operating Expenses | $715M |
| Cost & Expenses | $3.7B |
| OPERATING INCOME | -$215M |
| Interest Income | $0 |
| Interest Expense | $249M |
| Other Income/Expenses | -$521M |
| INCOME BEFORE TAX | -$736M |
| Income Tax Expense | $209M |
| Net Income from Continuing Ops | -$945M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$945M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$945M |
| D&A | $1.2B |
| EBIT | -$487M |
| EBITDA | $674M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$945M |
| Depreciation & Amortization | $1.2B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $60M |
| Other Non-Cash Items | -$499M |
| Change in Working Capital | $999M |
| OPERATING CASH FLOW | $776M |
| Capital Expenditure | -$1.3B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$11M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $57M |
| NET CASH FROM INVESTING | -$1.3B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$11M |
| Common Dividends Paid | -$149M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$149M |
| FREE CASH FLOW | -$526M |
| Net Change in Cash | -$629M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $0 |
| Net Receivables | $1.2B |
| Inventory | $0 |
| Other Current Assets | $882M |
| TOTAL CURRENT ASSETS | $3.5B |
| PP&E (Net) | $29.1B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $8.6B |
| TOTAL NON-CURRENT ASSETS | $37.7B |
| TOTAL ASSETS | $41.1B |
| Account Payables | $1.7B |
| Short-Term Debt | $31M |
| Deferred Revenue | $19M |
| Other Current Liabilities | $2.0B |
| TOTAL CURRENT LIABILITIES | $3.8B |
| Long-Term Debt | $18.2B |
| Deferred Revenue NC | $128M |
| Deferred Tax Liabilities | $2.6B |
| Other Non-Current Liabilities | $4.4B |
| TOTAL NON-CURRENT LIABILITIES | $25.3B |
| TOTAL LIABILITIES | $33.4B |
| Common Stock | $58M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$149M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$379M |
| Other Equity | $8.2B |
| TOTAL STOCKHOLDERS' EQUITY | $7.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $7.8B |
| TOTAL LIABILITIES & EQUITY | $41.1B |
| Total Debt | $18.2B |
| Net Debt | $16.8B |
