| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.4B | $3.4B | $4.1B | 27.0% | 5.9% |
| Op. Income | $2.5B | $1.1B | $2.5B | 131.9% | -0.2% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | 26.8% | 15.1% | 21.8% | 11.7pp | 5.0pp |
| EPS (Diluted) | $0.11 | $0.05 | $0.08 | 125.0% | 28.6% |
| Free Cash Flow | -$6.2B | -$7.6B | $838M | 18.8% | -838.8% |
| Item | Amount |
|---|---|
| REVENUE | $4.4B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $4.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $46M |
| General & Administrative | $785M |
| SG&A Expenses | $1.8B |
| Other Expenses | $0 |
| Operating Expenses | $2.9B |
| Cost & Expenses | $2.9B |
| OPERATING INCOME | $2.5B |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$1.0B |
| INCOME BEFORE TAX | $1.5B |
| Income Tax Expense | $311M |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | -$1.6B |
| EBIT | $1.5B |
| EBITDA | -$100M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4.4B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $4.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $46M |
| General & Administrative | $785M |
| SG&A Expenses | $1.8B |
| Other Expenses | $0 |
| Operating Expenses | $2.9B |
| Cost & Expenses | $2.9B |
| OPERATING INCOME | $2.5B |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$1.0B |
| INCOME BEFORE TAX | $1.5B |
| Income Tax Expense | $311M |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | -$1.6B |
| EBIT | $1.5B |
| EBITDA | -$100M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1.2B |
| Depreciation & Amortization | $200M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1.1B |
| Change in Working Capital | -$6.3B |
| OPERATING CASH FLOW | -$6.1B |
| Capital Expenditure | -$139M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $4.9B |
| NET CASH FROM INVESTING | $4.8B |
| Net Debt Issuance | $1.4B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$884M |
| Other Financing Activities | $1.9B |
| NET CASH FROM FINANCING | $2.4B |
| FREE CASH FLOW | -$6.2B |
| Net Change in Cash | $1.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $23.4B |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $23.4B |
| PP&E (Net) | $1.8B |
| Goodwill | $1.1B |
| Intangible Assets | $1.6B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $237.2B |
| TOTAL NON-CURRENT ASSETS | $241.6B |
| TOTAL ASSETS | $265.0B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $668M |
| Long-Term Debt | $31.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $208.0B |
| TOTAL NON-CURRENT LIABILITIES | $238.7B |
| TOTAL LIABILITIES | $239.4B |
| Common Stock | $15.1B |
| Additional Paid-In Capital | $2M |
| Retained Earnings | $10.0B |
| Treasury Stock | -$89M |
| Accum. Other Comp. Income | $515M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $25.5B |
| Minority Interest | $135M |
| TOTAL EQUITY | $25.7B |
| TOTAL LIABILITIES & EQUITY | $265.0B |
| Total Debt | $31.4B |
| Net Debt | $7.9B |
