| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $706M | $738M | $815M | -4.2% | -13.3% |
| Op. Income | -$55M | -$60M | -$20M | 8.1% | -172.6% |
| Gross Margin | 23.4% | 26.7% | 25.0% | -3.4pp | -1.6pp |
| Net Margin | -17.7% | -16.0% | -9.6% | -1.6pp | -8.1pp |
| EPS (Diluted) | $-0.68 | $-0.65 | $-0.42 | -4.6% | -61.9% |
| Free Cash Flow | -$105M | $108M | -$15M | -196.9% | -605.8% |
| Item | Amount |
|---|---|
| REVENUE | $706M |
| Cost of Revenue | $541M |
| GROSS PROFIT | $165M |
| R&D Expenses | $0 |
| Selling & Marketing | $56M |
| General & Administrative | $48M |
| SG&A Expenses | $104M |
| Other Expenses | $116M |
| Operating Expenses | $220M |
| Cost & Expenses | $762M |
| OPERATING INCOME | -$55M |
| Interest Income | $607.0K |
| Interest Expense | $51M |
| Other Income/Expenses | -$55M |
| INCOME BEFORE TAX | -$110M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | -$125M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$125M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$125M |
| D&A | $88M |
| EBIT | -$27M |
| EBITDA | $61M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$125M |
| Depreciation & Amortization | $90M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $13M |
| Other Non-Cash Items | -$103M |
| Change in Working Capital | $43M |
| OPERATING CASH FLOW | -$77M |
| Capital Expenditure | -$28M |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | -$106M |
| Sales/Maturities of Investments | $80M |
| Other Investing Activities | $7M |
| NET CASH FROM INVESTING | -$49M |
| Net Debt Issuance | $107M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$11M |
| NET CASH FROM FINANCING | $97M |
| FREE CASH FLOW | -$105M |
| Net Change in Cash | -$29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $355M |
| Short-Term Investments | $136M |
| Net Receivables | $114M |
| Inventory | $0 |
| Other Current Assets | $44M |
| TOTAL CURRENT ASSETS | $722M |
| PP&E (Net) | $6.0B |
| Goodwill | $154M |
| Intangible Assets | $0 |
| Long-Term Investments | $6M |
| Tax Assets | $0 |
| Other Non-Current Assets | $156M |
| TOTAL NON-CURRENT ASSETS | $6.3B |
| TOTAL ASSETS | $7.0B |
| Account Payables | $63M |
| Short-Term Debt | $72M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $142M |
| TOTAL CURRENT LIABILITIES | $719M |
| Long-Term Debt | $3.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $164M |
| TOTAL NON-CURRENT LIABILITIES | $5.4B |
| TOTAL LIABILITIES | $6.2B |
| Common Stock | $2M |
| Additional Paid-In Capital | $4.2B |
| Retained Earnings | -$3.3B |
| Treasury Stock | -$103M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $842M |
| Minority Interest | $2M |
| TOTAL EQUITY | $844M |
| TOTAL LIABILITIES & EQUITY | $7.0B |
| Total Debt | $5.5B |
| Net Debt | $5.2B |
