| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $627M | $846M | — | -25.9% | — |
| Op. Income | -$1.5B | -$94M | — | -1515.9% | — |
| Gross Margin | 11.2% | 7.9% | — | 3.4pp | — |
| Net Margin | -246.4% | -15.3% | — | -231.1pp | — |
| EPS (Diluted) | $-15.77 | $-1.33 | — | -1085.7% | — |
| Free Cash Flow | -$106M | -$47M | — | -123.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $627M |
| Cost of Revenue | $556M |
| GROSS PROFIT | $70M |
| R&D Expenses | $0 |
| Selling & Marketing | -$3M |
| General & Administrative | $28M |
| SG&A Expenses | $25M |
| Other Expenses | $1.6B |
| Operating Expenses | $1.6B |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | -$1.5B |
| Interest Income | $2M |
| Interest Expense | $34M |
| Other Income/Expenses | -$35M |
| INCOME BEFORE TAX | -$1.5B |
| Income Tax Expense | -$200.0K |
| Net Income from Continuing Ops | -$1.5B |
| Net Income from Discontinued Ops | -$2M |
| Other Adjustments | $0 |
| NET INCOME | -$1.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1.5B |
| D&A | $88M |
| EBIT | -$1.5B |
| EBITDA | -$1.4B |
| EPS | -$16 |
| EPS Diluted | -$16 |
| Item | Amount |
|---|---|
| Net Income | -$1.5B |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $1.5B |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | -$48M |
| Capital Expenditure | -$57M |
| Acquisitions (Net) | -$96M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $75M |
| NET CASH FROM INVESTING | -$79M |
| Net Debt Issuance | $297M |
| Common Stock Repurchased | -$800.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | $293M |
| FREE CASH FLOW | -$106M |
| Net Change in Cash | $166M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $849M |
| Short-Term Investments | $0 |
| Net Receivables | $191M |
| Inventory | $302M |
| Other Current Assets | $241M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $3.2B |
| Goodwill | $0 |
| Intangible Assets | $10M |
| Long-Term Investments | $132M |
| Tax Assets | $5M |
| Other Non-Current Assets | -$20M |
| TOTAL NON-CURRENT ASSETS | $3.4B |
| TOTAL ASSETS | $4.9B |
| Account Payables | $704M |
| Short-Term Debt | $11M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $85M |
| TOTAL CURRENT LIABILITIES | $800M |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $28M |
| Other Non-Current Liabilities | $1.5B |
| TOTAL NON-CURRENT LIABILITIES | $3.2B |
| TOTAL LIABILITIES | $4.0B |
| Common Stock | $1M |
| Additional Paid-In Capital | $3.4B |
| Retained Earnings | -$1.1B |
| Treasury Stock | -$1.4B |
| Accum. Other Comp. Income | $27M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $939M |
| Minority Interest | $50M |
| TOTAL EQUITY | $989M |
| TOTAL LIABILITIES & EQUITY | $4.9B |
| Total Debt | $1.6B |
| Net Debt | $801M |
