| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $815M | — | $859M | — | -5.1% |
| Op. Income | -$20M | — | $4M | — | -657.7% |
| Gross Margin | 25.0% | — | 29.3% | — | -4.3pp |
| Net Margin | -9.6% | — | -4.3% | — | -5.3pp |
| EPS (Diluted) | $-0.42 | — | $-0.20 | — | -110.0% |
| Free Cash Flow | -$15M | — | $23M | — | -164.6% |
| Item | Amount |
|---|---|
| REVENUE | $815M |
| Cost of Revenue | $611M |
| GROSS PROFIT | $204M |
| R&D Expenses | $0 |
| Selling & Marketing | $72M |
| General & Administrative | $52M |
| SG&A Expenses | $124M |
| Other Expenses | $100M |
| Operating Expenses | $224M |
| Cost & Expenses | $835M |
| OPERATING INCOME | -$20M |
| Interest Income | $2M |
| Interest Expense | $62M |
| Other Income/Expenses | -$60M |
| INCOME BEFORE TAX | -$80M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$79M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$78M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$78M |
| D&A | $94M |
| EBIT | -$14M |
| EBITDA | $79M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$79M |
| Depreciation & Amortization | $95M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $99.0K |
| Change in Working Capital | $49M |
| OPERATING CASH FLOW | $69M |
| Capital Expenditure | -$84M |
| Acquisitions (Net) | -$90.0K |
| Purchases of Investments | -$40M |
| Sales/Maturities of Investments | $49M |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$70M |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | -$137.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$9M |
| FREE CASH FLOW | -$15M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $241M |
| Short-Term Investments | $50M |
| Net Receivables | $141M |
| Inventory | $94M |
| Other Current Assets | $94M |
| TOTAL CURRENT ASSETS | $629M |
| PP&E (Net) | $6.4B |
| Goodwill | $154M |
| Intangible Assets | $43M |
| Long-Term Investments | $23M |
| Tax Assets | -$220M |
| Other Non-Current Assets | $338M |
| TOTAL NON-CURRENT ASSETS | $6.7B |
| TOTAL ASSETS | $7.4B |
| Account Payables | $106M |
| Short-Term Debt | $595M |
| Deferred Revenue | $81M |
| Other Current Liabilities | -$503M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $3.2B |
| Deferred Revenue NC | -$17M |
| Deferred Tax Liabilities | $17M |
| Other Non-Current Liabilities | $162M |
| TOTAL NON-CURRENT LIABILITIES | $5.5B |
| TOTAL LIABILITIES | $6.6B |
| Common Stock | $2M |
| Additional Paid-In Capital | $4.2B |
| Retained Earnings | -$3.3B |
| Treasury Stock | -$79M |
| Accum. Other Comp. Income | -$3.2B |
| Other Equity | $3.2B |
| TOTAL STOCKHOLDERS' EQUITY | $788M |
| Minority Interest | $5M |
| TOTAL EQUITY | $794M |
| TOTAL LIABILITIES & EQUITY | $7.4B |
| Total Debt | $5.3B |
| Net Debt | $5.1B |
