| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.9B | $4.7B | $4.1B | -17.7% | -5.4% |
| Op. Income | $1.7B | $2.9B | $2.3B | -39.5% | -23.4% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | 30.4% | 25.9% | 24.7% | 4.5pp | 5.7pp |
| EPS (Diluted) | $0.11 | $0.11 | $0.09 | -3.5% | 17.0% |
| Free Cash Flow | -$5.6B | -$2.2B | $788M | -154.8% | -805.5% |
| Item | Amount |
|---|---|
| REVENUE | $3.9B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $3.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.1B |
| General & Administrative | $1.0B |
| SG&A Expenses | $2.1B |
| Other Expenses | $0 |
| Operating Expenses | $3.0B |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | $1.7B |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$872M |
| INCOME BEFORE TAX | $855M |
| Income Tax Expense | -$327M |
| 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 | -$1.1B |
| EBIT | $855M |
| EBITDA | $449M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.9B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $3.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.1B |
| General & Administrative | $1.0B |
| SG&A Expenses | $2.1B |
| Other Expenses | $0 |
| Operating Expenses | $3.0B |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | $1.7B |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$872M |
| INCOME BEFORE TAX | $855M |
| Income Tax Expense | -$327M |
| 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 | -$1.1B |
| EBIT | $855M |
| EBITDA | $449M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1.2B |
| Depreciation & Amortization | $218M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$253M |
| Change in Working Capital | -$6.6B |
| OPERATING CASH FLOW | -$5.4B |
| Capital Expenditure | -$131M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2.0B |
| NET CASH FROM INVESTING | -$2.1B |
| Net Debt Issuance | -$1.4B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$77M |
| Other Financing Activities | $1.9B |
| NET CASH FROM FINANCING | $413M |
| FREE CASH FLOW | -$5.6B |
| Net Change in Cash | -$7.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15.0B |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $15.0B |
| PP&E (Net) | $1.8B |
| Goodwill | $927M |
| Intangible Assets | $1.6B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $253.3B |
| TOTAL NON-CURRENT ASSETS | $257.7B |
| TOTAL ASSETS | $272.7B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $32.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $212.7B |
| TOTAL NON-CURRENT LIABILITIES | $243.6B |
| TOTAL LIABILITIES | $244.7B |
| Common Stock | $15.1B |
| Additional Paid-In Capital | $2M |
| Retained Earnings | $11.5B |
| Treasury Stock | -$89M |
| Accum. Other Comp. Income | $1.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $27.9B |
| Minority Interest | $138M |
| TOTAL EQUITY | $28.0B |
| TOTAL LIABILITIES & EQUITY | $272.7B |
| Total Debt | $32.0B |
| Net Debt | $17.0B |
