| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $850M | $906M | — | -6.2% | — |
| Op. Income | -$986M | $100M | — | -1085.9% | — |
| Gross Margin | -7.1% | 2.8% | — | -9.9pp | — |
| Net Margin | -103.4% | 4.7% | — | -108.1pp | — |
| EPS (Diluted) | $-2.86 | $0.14 | — | -2142.9% | — |
| Free Cash Flow | $184M | $187M | — | -1.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $850M |
| Cost of Revenue | $910M |
| GROSS PROFIT | -$60M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $144M |
| Other Expenses | $782M |
| Operating Expenses | $926M |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | -$986M |
| Interest Income | $0 |
| Interest Expense | $48M |
| Other Income/Expenses | -$166M |
| INCOME BEFORE TAX | -$1.2B |
| Income Tax Expense | -$273M |
| Net Income from Continuing Ops | -$879M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$879M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$879M |
| D&A | $242M |
| EBIT | -$1.1B |
| EBITDA | -$861M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$879M |
| Depreciation & Amortization | $242M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$273M |
| Other Non-Cash Items | $1.1B |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | $198M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$265M |
| NET CASH FROM INVESTING | -$280M |
| Net Debt Issuance | $100M |
| Common Stock Repurchased | -$18M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$745.0K |
| NET CASH FROM FINANCING | $81M |
| FREE CASH FLOW | $184M |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $0 |
| Short-Term Investments | $0 |
| Net Receivables | $310M |
| Inventory | $0 |
| Other Current Assets | $419M |
| TOTAL CURRENT ASSETS | $730M |
| PP&E (Net) | $13.1B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $427M |
| TOTAL NON-CURRENT ASSETS | $15.4B |
| TOTAL ASSETS | $16.1B |
| Account Payables | $32M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $3.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $916M |
| Other Non-Current Liabilities | $59M |
| TOTAL NON-CURRENT LIABILITIES | $7.5B |
| TOTAL LIABILITIES | $8.7B |
| Common Stock | $3M |
| Additional Paid-In Capital | $6.1B |
| Retained Earnings | $1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $7.4B |
| TOTAL LIABILITIES & EQUITY | $16.1B |
| Total Debt | $6.9B |
| Net Debt | $6.9B |
