| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $810M | $815M | $825M | -0.6% | -1.8% |
| Op. Income | -$43M | -$20M | -$46M | -113.4% | 7.1% |
| Gross Margin | 26.7% | 25.0% | 28.8% | 1.7pp | -2.1pp |
| Net Margin | -11.3% | -9.6% | 16.0% | -1.7pp | -27.2pp |
| EPS (Diluted) | $-0.49 | $-0.42 | $0.70 | -16.7% | -170.0% |
| Free Cash Flow | -$10M | -$15M | -$23M | 35.3% | 57.5% |
| Item | Amount |
|---|---|
| REVENUE | $810M |
| Cost of Revenue | $594M |
| GROSS PROFIT | $216M |
| R&D Expenses | $0 |
| Selling & Marketing | $71M |
| General & Administrative | $44M |
| SG&A Expenses | $115M |
| Other Expenses | $144M |
| Operating Expenses | $259M |
| Cost & Expenses | $853M |
| OPERATING INCOME | -$43M |
| Interest Income | $2M |
| Interest Expense | $60M |
| Other Income/Expenses | -$50M |
| INCOME BEFORE TAX | -$93M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$91M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$91M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$91M |
| D&A | $95M |
| EBIT | $6M |
| EBITDA | $101M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$91M |
| Depreciation & Amortization | $96M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $34M |
| Change in Working Capital | $46M |
| OPERATING CASH FLOW | $88M |
| Capital Expenditure | -$98M |
| Acquisitions (Net) | -$52.0K |
| Purchases of Investments | -$48M |
| Sales/Maturities of Investments | $30M |
| Other Investing Activities | $41M |
| NET CASH FROM INVESTING | -$75M |
| Net Debt Issuance | -$20M |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$669.0K |
| NET CASH FROM FINANCING | -$27M |
| FREE CASH FLOW | -$10M |
| Net Change in Cash | -$14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $240M |
| Short-Term Investments | $69M |
| Net Receivables | $134M |
| Inventory | $0 |
| Other Current Assets | $70M |
| TOTAL CURRENT ASSETS | $596M |
| PP&E (Net) | $6.3B |
| Goodwill | $154M |
| Intangible Assets | $35M |
| Long-Term Investments | $21M |
| Tax Assets | $0 |
| Other Non-Current Assets | $69M |
| TOTAL NON-CURRENT ASSETS | $6.6B |
| TOTAL ASSETS | $7.2B |
| Account Payables | $105M |
| Short-Term Debt | $339M |
| Deferred Revenue | $79M |
| Other Current Liabilities | $63M |
| TOTAL CURRENT LIABILITIES | $1.0B |
| Long-Term Debt | $3.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $15M |
| Other Non-Current Liabilities | $169M |
| TOTAL NON-CURRENT LIABILITIES | $5.4B |
| TOTAL LIABILITIES | $6.5B |
| Common Stock | $2M |
| Additional Paid-In Capital | $4.2B |
| Retained Earnings | -$3.4B |
| Treasury Stock | -$85M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $696M |
| Minority Interest | $2M |
| TOTAL EQUITY | $699M |
| TOTAL LIABILITIES & EQUITY | $7.2B |
| Total Debt | $5.9B |
| Net Debt | $5.6B |
