| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $846M | $1.1B | — | -24.3% | — |
| Op. Income | -$94M | -$166M | — | 43.5% | — |
| Gross Margin | 7.9% | 26.3% | — | -18.4pp | — |
| Net Margin | -15.3% | -25.9% | — | 10.6pp | — |
| EPS (Diluted) | $-1.33 | $-2.98 | — | 55.4% | — |
| Free Cash Flow | -$47M | $28M | — | -269.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $846M |
| Cost of Revenue | $780M |
| GROSS PROFIT | $67M |
| R&D Expenses | $0 |
| Selling & Marketing | -$3M |
| General & Administrative | $28M |
| SG&A Expenses | $25M |
| Other Expenses | $135M |
| Operating Expenses | $160M |
| Cost & Expenses | $940M |
| OPERATING INCOME | -$94M |
| Interest Income | $3M |
| Interest Expense | $33M |
| Other Income/Expenses | -$33M |
| INCOME BEFORE TAX | -$126M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | -$129M |
| Net Income from Discontinued Ops | -$2M |
| Other Adjustments | $0 |
| NET INCOME | -$130M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$130M |
| D&A | $106M |
| EBIT | -$93M |
| EBITDA | $13M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$130M |
| Depreciation & Amortization | $106M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $17M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$43M |
| Acquisitions (Net) | -$96M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $91M |
| NET CASH FROM INVESTING | -$37M |
| Net Debt Issuance | -$7M |
| Common Stock Repurchased | -$800.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $100.0K |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | -$47M |
| Net Change in Cash | -$50M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $683M |
| Short-Term Investments | $0 |
| Net Receivables | $265M |
| Inventory | $269M |
| Other Current Assets | $202M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $4.7B |
| Goodwill | $0 |
| Intangible Assets | $17M |
| Long-Term Investments | $121M |
| Tax Assets | $5M |
| Other Non-Current Assets | -$34M |
| TOTAL NON-CURRENT ASSETS | $4.8B |
| TOTAL ASSETS | $6.2B |
| Account Payables | $703M |
| Short-Term Debt | $13M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $90M |
| TOTAL CURRENT LIABILITIES | $806M |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $500.0K |
| Deferred Tax Liabilities | $26M |
| Other Non-Current Liabilities | $1.5B |
| TOTAL NON-CURRENT LIABILITIES | $2.9B |
| TOTAL LIABILITIES | $3.7B |
| Common Stock | $1M |
| Additional Paid-In Capital | $3.4B |
| Retained Earnings | $467M |
| Treasury Stock | -$1.4B |
| Accum. Other Comp. Income | $23M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $57M |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $6.2B |
| Total Debt | $1.4B |
| Net Debt | $669M |
