| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.4B | $2.7B | $2.3B | 23.7% | 44.7% |
| Op. Income | $267M | $178M | $225M | 50.0% | 18.6% |
| Gross Margin | 16.3% | 15.3% | 18.0% | 0.9pp | -1.7pp |
| Net Margin | 5.8% | 13.6% | 8.6% | -7.8pp | -2.8pp |
| EPS (Diluted) | $0.01 | $0.17 | $0.09 | -96.5% | -93.2% |
| Free Cash Flow | $108M | -$173M | $118M | 162.4% | -9.0% |
| Item | Amount |
|---|---|
| REVENUE | $3.4B |
| Cost of Revenue | $2.8B |
| GROSS PROFIT | $552M |
| R&D Expenses | $135M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $150M |
| Other Expenses | $0 |
| Operating Expenses | $285M |
| Cost & Expenses | $3.1B |
| OPERATING INCOME | $267M |
| Interest Income | $0 |
| Interest Expense | $31M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $256M |
| Income Tax Expense | $49M |
| Net Income from Continuing Ops | $207M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $197M |
| Net Income Deductions | $5M |
| BOTTOM LINE NET INCOME | $192M |
| D&A | $390M |
| EBIT | $287M |
| EBITDA | $677M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.4B |
| Cost of Revenue | $2.8B |
| GROSS PROFIT | $552M |
| R&D Expenses | $135M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $150M |
| Other Expenses | $0 |
| Operating Expenses | $285M |
| Cost & Expenses | $3.1B |
| OPERATING INCOME | $267M |
| Interest Income | $0 |
| Interest Expense | $31M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $256M |
| Income Tax Expense | $49M |
| Net Income from Continuing Ops | $207M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $197M |
| Net Income Deductions | $5M |
| BOTTOM LINE NET INCOME | $192M |
| D&A | $390M |
| EBIT | $287M |
| EBITDA | $677M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $197M |
| Depreciation & Amortization | $390M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $68M |
| Change in Working Capital | -$128M |
| OPERATING CASH FLOW | $528M |
| Capital Expenditure | -$420M |
| Acquisitions (Net) | -$56M |
| Purchases of Investments | $455.3K |
| Sales/Maturities of Investments | $307M |
| Other Investing Activities | -$102M |
| NET CASH FROM INVESTING | -$233M |
| Net Debt Issuance | -$348M |
| Common Stock Repurchased | $50.0K |
| Common Dividends Paid | -$342M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$686M |
| FREE CASH FLOW | $108M |
| Net Change in Cash | -$405M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.8B |
| Short-Term Investments | $262M |
| Net Receivables | $2.5B |
| Inventory | $1.5B |
| Other Current Assets | $336M |
| TOTAL CURRENT ASSETS | $6.4B |
| PP&E (Net) | $6.8B |
| Goodwill | $0 |
| Intangible Assets | $2.6B |
| Long-Term Investments | $434M |
| Tax Assets | $0 |
| Other Non-Current Assets | $761M |
| TOTAL NON-CURRENT ASSETS | $10.6B |
| TOTAL ASSETS | $17.0B |
| Account Payables | $1.9B |
| Short-Term Debt | $2.8B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.4B |
| TOTAL CURRENT LIABILITIES | $6.1B |
| Long-Term Debt | $3.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $371M |
| TOTAL NON-CURRENT LIABILITIES | $4.2B |
| TOTAL LIABILITIES | $10.3B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $6.2B |
| TOTAL STOCKHOLDERS' EQUITY | $6.2B |
| Minority Interest | $437M |
| TOTAL EQUITY | $6.7B |
| TOTAL LIABILITIES & EQUITY | $17.0B |
| Total Debt | $6.6B |
| Net Debt | $4.8B |
