| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.2B | $1.3B | 0.4% | -12.1% |
| Op. Income | -$80M | $124M | $46M | -164.9% | -275.6% |
| Gross Margin | 6.4% | 23.4% | 17.6% | -17.0pp | -11.3pp |
| Net Margin | -5.5% | 10.2% | 2.8% | -15.7pp | -8.4pp |
| EPS (Diluted) | $-0.78 | $1.33 | $0.45 | -158.6% | -273.3% |
| Free Cash Flow | $243M | $156M | $258M | 55.9% | -5.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $76M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $139M |
| SG&A Expenses | $139M |
| Other Expenses | $17M |
| Operating Expenses | $156M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | -$80M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | -$77M |
| Income Tax Expense | -$12M |
| Net Income from Continuing Ops | -$65M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$65M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$73M |
| D&A | $16M |
| EBIT | -$65M |
| EBITDA | -$49M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$65M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$73M |
| Change in Working Capital | $354M |
| OPERATING CASH FLOW | $243M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3.3B |
| Sales/Maturities of Investments | $3.0B |
| Other Investing Activities | -$27M |
| NET CASH FROM INVESTING | -$417M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$35M |
| Other Financing Activities | -$83.0K |
| NET CASH FROM FINANCING | -$42M |
| FREE CASH FLOW | $243M |
| Net Change in Cash | -$208M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $12.7B |
| Net Receivables | $7.9B |
| Inventory | $0 |
| Other Current Assets | -$22.9B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $132M |
| Goodwill | $102M |
| Intangible Assets | $222M |
| Long-Term Investments | $13.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$13.7B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $26.5B |
| Account Payables | $1.2B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$1.7B |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$1.4B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $21.2B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.3B |
| Retained Earnings | $5.8B |
| Treasury Stock | -$3.8B |
| Accum. Other Comp. Income | $350M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.3B |
| TOTAL LIABILITIES & EQUITY | $26.5B |
| Total Debt | $1.4B |
| Net Debt | $449M |
