| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.9B | $2.8B | $2.7B | 1.6% | 4.2% |
| Op. Income | $135M | $78M | $178M | 74.4% | -24.0% |
| Gross Margin | 14.3% | 11.8% | 15.3% | 2.5pp | -1.1pp |
| Net Margin | 3.0% | 2.3% | 13.6% | 0.7pp | -10.6pp |
| EPS (Diluted) | $0.04 | $0.00 | $0.17 | 1966.7% | -77.0% |
| Free Cash Flow | -$40M | $188M | -$173M | -121.3% | 76.8% |
| Item | Amount |
|---|---|
| REVENUE | $2.9B |
| Cost of Revenue | $2.5B |
| GROSS PROFIT | $408M |
| R&D Expenses | $142M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $130M |
| Other Expenses | $0 |
| Operating Expenses | $273M |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | $135M |
| Interest Income | $0 |
| Interest Expense | $29M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $139M |
| Income Tax Expense | $51M |
| Net Income from Continuing Ops | $88M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $85M |
| Net Income Deductions | $2M |
| BOTTOM LINE NET INCOME | $83M |
| D&A | $393M |
| EBIT | $169M |
| EBITDA | $562M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.9B |
| Cost of Revenue | $2.5B |
| GROSS PROFIT | $408M |
| R&D Expenses | $142M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $130M |
| Other Expenses | $0 |
| Operating Expenses | $273M |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | $135M |
| Interest Income | $0 |
| Interest Expense | $29M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $139M |
| Income Tax Expense | $51M |
| Net Income from Continuing Ops | $88M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $85M |
| Net Income Deductions | $2M |
| BOTTOM LINE NET INCOME | $83M |
| D&A | $393M |
| EBIT | $169M |
| EBITDA | $562M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $85M |
| Depreciation & Amortization | $393M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$53M |
| Change in Working Capital | -$100M |
| OPERATING CASH FLOW | $325M |
| Capital Expenditure | -$365M |
| Acquisitions (Net) | -$8M |
| Purchases of Investments | -$61M |
| Sales/Maturities of Investments | $152M |
| Other Investing Activities | -$104M |
| NET CASH FROM INVESTING | -$400M |
| Net Debt Issuance | -$80M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$17M |
| NET CASH FROM FINANCING | -$96M |
| FREE CASH FLOW | -$40M |
| Net Change in Cash | -$148M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.7B |
| Short-Term Investments | $354M |
| Net Receivables | $2.1B |
| Inventory | $1.5B |
| Other Current Assets | $353M |
| TOTAL CURRENT ASSETS | $6.1B |
| PP&E (Net) | $7.3B |
| Goodwill | $0 |
| Intangible Assets | $2.5B |
| Long-Term Investments | $417M |
| Tax Assets | $0 |
| Other Non-Current Assets | $634M |
| TOTAL NON-CURRENT ASSETS | $10.9B |
| TOTAL ASSETS | $16.9B |
| Account Payables | $1.4B |
| Short-Term Debt | $1.8B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.9B |
| TOTAL CURRENT LIABILITIES | $5.1B |
| Long-Term Debt | $4.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $547M |
| TOTAL NON-CURRENT LIABILITIES | $5.0B |
| TOTAL LIABILITIES | $10.0B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $6.3B |
| TOTAL STOCKHOLDERS' EQUITY | $6.3B |
| Minority Interest | $576M |
| TOTAL EQUITY | $6.9B |
| TOTAL LIABILITIES & EQUITY | $16.9B |
| Total Debt | $6.2B |
| Net Debt | $4.4B |
