| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.7B | $2.9B | $3.4B | 29.4% | 9.1% |
| Op. Income | $269M | $135M | $267M | 98.4% | 0.5% |
| Gross Margin | 15.4% | 14.3% | 16.3% | 1.1pp | -0.9pp |
| Net Margin | 4.9% | 3.0% | 5.8% | 1.9pp | -0.9pp |
| EPS (Diluted) | $0.01 | $0.04 | $0.01 | -86.3% | -10.5% |
| Free Cash Flow | $0 | -$40M | $108M | 100.0% | -100.0% |
| Item | Amount |
|---|---|
| REVENUE | $3.7B |
| Cost of Revenue | $3.1B |
| GROSS PROFIT | $568M |
| R&D Expenses | $154M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $145M |
| Other Expenses | $0 |
| Operating Expenses | $300M |
| Cost & Expenses | $3.4B |
| OPERATING INCOME | $269M |
| Interest Income | $0 |
| Interest Expense | $27M |
| Other Income/Expenses | -$25M |
| INCOME BEFORE TAX | $243M |
| Income Tax Expense | $47M |
| Net Income from Continuing Ops | $196M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $180M |
| Net Income Deductions | $2M |
| BOTTOM LINE NET INCOME | $178M |
| D&A | $392M |
| EBIT | $270M |
| EBITDA | $662M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.7B |
| Cost of Revenue | $3.1B |
| GROSS PROFIT | $568M |
| R&D Expenses | $154M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $145M |
| Other Expenses | $0 |
| Operating Expenses | $300M |
| Cost & Expenses | $3.4B |
| OPERATING INCOME | $269M |
| Interest Income | $0 |
| Interest Expense | $27M |
| Other Income/Expenses | -$25M |
| INCOME BEFORE TAX | $243M |
| Income Tax Expense | $47M |
| Net Income from Continuing Ops | $196M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $180M |
| Net Income Deductions | $2M |
| BOTTOM LINE NET INCOME | $178M |
| D&A | $392M |
| EBIT | $270M |
| EBITDA | $662M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $180M |
| Depreciation & Amortization | $392M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$573M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $48M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.9B |
| Short-Term Investments | $208M |
| Net Receivables | $2.7B |
| Inventory | $1.5B |
| Other Current Assets | $395M |
| TOTAL CURRENT ASSETS | $6.7B |
| PP&E (Net) | $7.5B |
| Goodwill | $0 |
| Intangible Assets | $2.5B |
| Long-Term Investments | $477M |
| Tax Assets | $0 |
| Other Non-Current Assets | $631M |
| TOTAL NON-CURRENT ASSETS | $11.1B |
| TOTAL ASSETS | $17.8B |
| Account Payables | $1.8B |
| Short-Term Debt | $2.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.6B |
| TOTAL CURRENT LIABILITIES | $5.9B |
| Long-Term Debt | $4.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $543M |
| TOTAL NON-CURRENT LIABILITIES | $5.0B |
| TOTAL LIABILITIES | $10.9B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $6.4B |
| TOTAL STOCKHOLDERS' EQUITY | $6.4B |
| Minority Interest | $535M |
| TOTAL EQUITY | $6.9B |
| TOTAL LIABILITIES & EQUITY | $17.8B |
| Total Debt | $7.0B |
| Net Debt | $5.1B |
