| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $588M | $704M | $906M | -16.5% | -35.1% |
| Op. Income | -$607M | $262M | $100M | -331.3% | -706.9% |
| Gross Margin | -51.5% | -19.2% | 2.8% | -32.3pp | -54.3pp |
| Net Margin | -78.8% | -48.1% | 4.7% | -30.7pp | -83.5pp |
| EPS (Diluted) | $-1.73 | $-1.19 | $0.14 | -45.4% | -1335.7% |
| Free Cash Flow | $104M | $190M | $187M | -45.0% | -44.4% |
| Item | Amount |
|---|---|
| REVENUE | $588M |
| Cost of Revenue | $891M |
| GROSS PROFIT | -$303M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $151M |
| Other Expenses | $153M |
| Operating Expenses | $304M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | -$607M |
| Interest Income | $0 |
| Interest Expense | $52M |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$605M |
| Income Tax Expense | -$142M |
| Net Income from Continuing Ops | -$463M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$463M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$463M |
| D&A | $215M |
| EBIT | -$554M |
| EBITDA | -$339M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$463M |
| Depreciation & Amortization | $215M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$142M |
| Other Non-Cash Items | $505M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $116M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$251M |
| NET CASH FROM INVESTING | -$263M |
| Net Debt Issuance | -$152M |
| Common Stock Repurchased | -$753.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $299M |
| NET CASH FROM FINANCING | $147M |
| FREE CASH FLOW | $104M |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $0 |
| Short-Term Investments | $0 |
| Net Receivables | $312M |
| Inventory | $0 |
| Other Current Assets | $530M |
| TOTAL CURRENT ASSETS | $842M |
| PP&E (Net) | $12.5B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $280M |
| Tax Assets | $0 |
| Other Non-Current Assets | $122M |
| TOTAL NON-CURRENT ASSETS | $12.9B |
| TOTAL ASSETS | $13.7B |
| Account Payables | $37M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $864M |
| Long-Term Debt | $3.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $530M |
| Other Non-Current Liabilities | $65M |
| TOTAL NON-CURRENT LIABILITIES | $6.4B |
| TOTAL LIABILITIES | $7.3B |
| Common Stock | $3M |
| Additional Paid-In Capital | $6.1B |
| Retained Earnings | $35M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.1B |
| Minority Interest | $297M |
| TOTAL EQUITY | $6.4B |
| TOTAL LIABILITIES & EQUITY | $13.7B |
| Total Debt | $6.1B |
| Net Debt | $6.1B |
