| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $618M | $754M | $731M | -18.1% | -15.5% |
| Op. Income | -$7M | $61M | $31M | -111.8% | -122.8% |
| Gross Margin | 6.4% | 14.0% | 11.6% | -7.7pp | -5.2pp |
| Net Margin | -8.5% | 4.4% | 1.7% | -12.8pp | -10.1pp |
| EPS (Diluted) | $-0.25 | $0.16 | $0.06 | -256.3% | -528.1% |
| Free Cash Flow | -$97M | -$8M | -$8M | -1054.9% | -1116.4% |
| Item | Amount |
|---|---|
| REVENUE | $618M |
| Cost of Revenue | $578M |
| GROSS PROFIT | $39M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $49M |
| SG&A Expenses | $49M |
| Other Expenses | -$2M |
| Operating Expenses | $47M |
| Cost & Expenses | $625M |
| OPERATING INCOME | -$7M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$43M |
| INCOME BEFORE TAX | -$50M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$52M |
| D&A | $35M |
| EBIT | -$36M |
| EBITDA | -$711.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$52M |
| Depreciation & Amortization | $35M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $24M |
| Change in Working Capital | -$66M |
| OPERATING CASH FLOW | -$56M |
| Capital Expenditure | -$41M |
| Acquisitions (Net) | -$247.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $237.0K |
| NET CASH FROM INVESTING | -$41M |
| Net Debt Issuance | $128M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $127M |
| FREE CASH FLOW | -$97M |
| Net Change in Cash | $20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $142M |
| Short-Term Investments | $24.0K |
| Net Receivables | $76M |
| Inventory | $31M |
| Other Current Assets | $233.0K |
| TOTAL CURRENT ASSETS | $351M |
| PP&E (Net) | $1.6B |
| Goodwill | $0 |
| Intangible Assets | $37M |
| Long-Term Investments | $114M |
| Tax Assets | $50M |
| Other Non-Current Assets | $76M |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $165M |
| Short-Term Debt | $138M |
| Deferred Revenue | $195M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $557M |
| Long-Term Debt | $620M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $39M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $516M |
| Additional Paid-In Capital | $14M |
| Retained Earnings | $396M |
| Treasury Stock | -$60M |
| Accum. Other Comp. Income | -$605M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $261M |
| Minority Interest | $391.0K |
| TOTAL EQUITY | $261M |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $1.5B |
| Net Debt | $1.4B |
