| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $671M | $627M | — | 7.1% | — |
| Op. Income | -$16M | -$1.5B | — | 99.0% | — |
| Gross Margin | 17.9% | 11.2% | — | 6.7pp | — |
| Net Margin | -10.0% | -246.4% | — | 236.4pp | — |
| EPS (Diluted) | $-0.69 | $-15.77 | — | 95.6% | — |
| Free Cash Flow | -$26M | -$106M | — | 75.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $671M |
| Cost of Revenue | $551M |
| GROSS PROFIT | $120M |
| R&D Expenses | $0 |
| Selling & Marketing | -$3M |
| General & Administrative | $30M |
| SG&A Expenses | $27M |
| Other Expenses | $109M |
| Operating Expenses | $136M |
| Cost & Expenses | $687M |
| OPERATING INCOME | -$16M |
| Interest Income | $2M |
| Interest Expense | $35M |
| Other Income/Expenses | -$49M |
| INCOME BEFORE TAX | -$65M |
| Income Tax Expense | -$100.0K |
| Net Income from Continuing Ops | -$65M |
| Net Income from Discontinued Ops | -$2M |
| Other Adjustments | $0 |
| NET INCOME | -$67M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$67M |
| D&A | $72M |
| EBIT | -$30M |
| EBITDA | $42M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$67M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $600.0K |
| Other Non-Cash Items | $90M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $21M |
| Capital Expenditure | -$47M |
| Acquisitions (Net) | -$83M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $86M |
| NET CASH FROM INVESTING | -$44M |
| Net Debt Issuance | -$11M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$11M |
| FREE CASH FLOW | -$26M |
| Net Change in Cash | -$34M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $815M |
| Short-Term Investments | $0 |
| Net Receivables | $193M |
| Inventory | $320M |
| Other Current Assets | $209M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $3.2B |
| Goodwill | $0 |
| Intangible Assets | $9M |
| Long-Term Investments | $122M |
| Tax Assets | $5M |
| Other Non-Current Assets | -$18M |
| TOTAL NON-CURRENT ASSETS | $3.3B |
| TOTAL ASSETS | $4.9B |
| Account Payables | $659M |
| Short-Term Debt | $1.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $61M |
| TOTAL CURRENT LIABILITIES | $2.4B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $29M |
| Other Non-Current Liabilities | $1.3B |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $3.8B |
| Common Stock | $1M |
| Additional Paid-In Capital | $3.4B |
| Retained Earnings | -$1.1B |
| Treasury Stock | -$1.4B |
| Accum. Other Comp. Income | $201M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $50M |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $4.9B |
| Total Debt | $1.7B |
| Net Debt | $847M |
