| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $679M | $739M | $738M | -8.1% | -8.0% |
| Op. Income | -$52M | -$62M | -$60M | 14.8% | 12.5% |
| Gross Margin | 21.0% | 15.8% | 26.7% | 5.2pp | -5.8pp |
| Net Margin | -12.3% | -14.7% | -16.0% | 2.3pp | 3.7pp |
| EPS (Diluted) | $-0.45 | $-0.59 | $-0.65 | 23.7% | 30.8% |
| Free Cash Flow | -$36M | -$64M | $108M | 44.3% | -133.0% |
| Item | Amount |
|---|---|
| REVENUE | $679M |
| Cost of Revenue | $537M |
| GROSS PROFIT | $142M |
| R&D Expenses | $0 |
| Selling & Marketing | $48M |
| General & Administrative | $52M |
| SG&A Expenses | $100M |
| Other Expenses | $95M |
| Operating Expenses | $195M |
| Cost & Expenses | $731M |
| OPERATING INCOME | -$52M |
| Interest Income | $341.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$32M |
| INCOME BEFORE TAX | -$84M |
| Income Tax Expense | -$792.0K |
| Net Income from Continuing Ops | -$84M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$84M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$84M |
| D&A | $84M |
| EBIT | -$41M |
| EBITDA | $42M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$84M |
| Depreciation & Amortization | $85M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | -$13M |
| Change in Working Capital | $11M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$39M |
| Acquisitions (Net) | -$153.0K |
| Purchases of Investments | -$40M |
| Sales/Maturities of Investments | $75M |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | -$21M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$393.0K |
| NET CASH FROM FINANCING | -$21M |
| FREE CASH FLOW | -$36M |
| Net Change in Cash | -$16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $281M |
| Short-Term Investments | $100M |
| Net Receivables | $53M |
| Inventory | $0 |
| Other Current Assets | $269M |
| TOTAL CURRENT ASSETS | $781M |
| PP&E (Net) | $5.7B |
| Goodwill | $27M |
| Intangible Assets | $0 |
| Long-Term Investments | $8M |
| Tax Assets | $0 |
| Other Non-Current Assets | $95M |
| TOTAL NON-CURRENT ASSETS | $5.8B |
| TOTAL ASSETS | $6.6B |
| Account Payables | $75M |
| Short-Term Debt | $218M |
| Deferred Revenue | $68M |
| Other Current Liabilities | $103M |
| TOTAL CURRENT LIABILITIES | $897M |
| Long-Term Debt | $3.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $9M |
| Other Non-Current Liabilities | $127M |
| TOTAL NON-CURRENT LIABILITIES | $5.1B |
| TOTAL LIABILITIES | $6.0B |
| Common Stock | $2M |
| Additional Paid-In Capital | $4.2B |
| Retained Earnings | -$3.5B |
| Treasury Stock | -$103M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $614M |
| Minority Interest | $2M |
| TOTAL EQUITY | $616M |
| TOTAL LIABILITIES & EQUITY | $6.6B |
| Total Debt | $5.3B |
| Net Debt | $5.1B |
