| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.8B | $3.4B | $3.7B | 14.6% | 3.9% |
| Op. Income | $289M | $267M | $269M | 8.4% | 7.8% |
| Gross Margin | 15.1% | 16.4% | 15.4% | -1.4pp | -0.3pp |
| Net Margin | 5.4% | 6.5% | 4.9% | -1.0pp | 0.6pp |
| EPS (Diluted) | $0.10 | $0.10 | $0.01 | -3.8% | 1711.8% |
| Free Cash Flow | -$71M | $75M | $0 | -194.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $3.8B |
| Cost of Revenue | $3.3B |
| GROSS PROFIT | $579M |
| R&D Expenses | $154M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $136M |
| Other Expenses | $0 |
| Operating Expenses | $290M |
| Cost & Expenses | $3.6B |
| OPERATING INCOME | $289M |
| Interest Income | $0 |
| Interest Expense | $21M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $281M |
| Income Tax Expense | $56M |
| Net Income from Continuing Ops | $225M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $209M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $209M |
| D&A | $402M |
| EBIT | $297M |
| EBITDA | $698M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.8B |
| Cost of Revenue | $3.3B |
| GROSS PROFIT | $579M |
| R&D Expenses | $154M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $136M |
| Other Expenses | $0 |
| Operating Expenses | $290M |
| Cost & Expenses | $3.6B |
| OPERATING INCOME | $289M |
| Interest Income | $0 |
| Interest Expense | $21M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $281M |
| Income Tax Expense | $56M |
| Net Income from Continuing Ops | $225M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $209M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $209M |
| D&A | $402M |
| EBIT | $297M |
| EBITDA | $698M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $209M |
| Depreciation & Amortization | $402M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $29M |
| Change in Working Capital | -$228M |
| OPERATING CASH FLOW | $412M |
| Capital Expenditure | -$483M |
| Acquisitions (Net) | -$63M |
| Purchases of Investments | -$16M |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | $20M |
| NET CASH FROM INVESTING | -$565M |
| Net Debt Issuance | $379M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$261M |
| Other Financing Activities | -$11M |
| NET CASH FROM FINANCING | $112M |
| FREE CASH FLOW | -$71M |
| Net Change in Cash | -$42M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.8B |
| Short-Term Investments | $190M |
| Net Receivables | $2.7B |
| Inventory | $2.0B |
| Other Current Assets | $702M |
| TOTAL CURRENT ASSETS | $7.4B |
| PP&E (Net) | $7.6B |
| Goodwill | $0 |
| Intangible Assets | $2.4B |
| Long-Term Investments | $452M |
| Tax Assets | $0 |
| Other Non-Current Assets | $569M |
| TOTAL NON-CURRENT ASSETS | $11.0B |
| TOTAL ASSETS | $18.4B |
| Account Payables | $2.3B |
| Short-Term Debt | $1.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.8B |
| TOTAL CURRENT LIABILITIES | $5.6B |
| Long-Term Debt | $5.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $544M |
| TOTAL NON-CURRENT LIABILITIES | $6.0B |
| TOTAL LIABILITIES | $11.5B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $6.5B |
| TOTAL STOCKHOLDERS' EQUITY | $6.5B |
| Minority Interest | $381M |
| TOTAL EQUITY | $6.9B |
| TOTAL LIABILITIES & EQUITY | $18.4B |
| Total Debt | $6.9B |
| Net Debt | $5.2B |
