| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.5B | $2.7B | $1.9B | -8.1% | 31.9% |
| Op. Income | -$775M | -$125M | $10.2B | -520.0% | -107.6% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | -50.1% | -12.3% | -124.5% | -37.8pp | 74.4pp |
| EPS (Diluted) | $-2.26 | $-0.61 | $-4.60 | -270.5% | 50.9% |
| Free Cash Flow | -$603M | -$245M | $46M | -146.1% | -1410.9% |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $2.5B |
| R&D Expenses | $751M |
| Selling & Marketing | $1.4B |
| General & Administrative | -$1.1B |
| SG&A Expenses | $280M |
| Other Expenses | $610M |
| Operating Expenses | $1.6B |
| Cost & Expenses | $3.3B |
| OPERATING INCOME | -$775M |
| Interest Income | $0 |
| Interest Expense | $230M |
| Other Income/Expenses | $1.3B |
| INCOME BEFORE TAX | $550M |
| Income Tax Expense | -$366M |
| Net Income from Continuing Ops | -$1.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1.3B |
| D&A | $1.1B |
| EBIT | -$1.4B |
| EBITDA | -$303M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$1.3B |
| Depreciation & Amortization | $1.1B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $855M |
| Other Non-Cash Items | $991M |
| Change in Working Capital | -$1.0B |
| OPERATING CASH FLOW | $639M |
| Capital Expenditure | -$1.2B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1.2B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $757M |
| Common Dividends Paid | -$28M |
| Other Financing Activities | -$127M |
| NET CASH FROM FINANCING | -$155M |
| FREE CASH FLOW | -$603M |
| Net Change in Cash | -$757M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.3B |
| Short-Term Investments | $0 |
| Net Receivables | $1.0B |
| Inventory | $0 |
| Other Current Assets | $1.2B |
| TOTAL CURRENT ASSETS | $7.5B |
| PP&E (Net) | $27.8B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $7.8B |
| TOTAL NON-CURRENT ASSETS | $35.7B |
| TOTAL ASSETS | $43.1B |
| Account Payables | $1.8B |
| Short-Term Debt | $149M |
| Deferred Revenue | $3.4B |
| Other Current Liabilities | -$1.6B |
| TOTAL CURRENT LIABILITIES | $3.7B |
| Long-Term Debt | $15.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3.4B |
| Other Non-Current Liabilities | $4.0B |
| TOTAL NON-CURRENT LIABILITIES | $22.8B |
| TOTAL LIABILITIES | $32.3B |
| Common Stock | $57M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $160M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$337M |
| Other Equity | $10.9B |
| TOTAL STOCKHOLDERS' EQUITY | $10.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $10.8B |
| TOTAL LIABILITIES & EQUITY | $43.1B |
| Total Debt | $15.6B |
| Net Debt | $10.3B |
