| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $417M | — | $348M | — | 19.9% |
| Op. Income | $59M | — | $83M | — | -29.7% |
| Gross Margin | 27.0% | — | 34.2% | — | -7.2pp |
| Net Margin | -5.9% | — | -4.4% | — | -1.5pp |
| EPS (Diluted) | $-0.15 | — | $-0.09 | — | -58.2% |
| Free Cash Flow | -$48M | — | $44M | — | -207.6% |
| Item | Amount |
|---|---|
| REVENUE | $417M |
| Cost of Revenue | $305M |
| GROSS PROFIT | $112M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $53M |
| Other Expenses | $293.0K |
| Operating Expenses | $54M |
| Cost & Expenses | $358M |
| OPERATING INCOME | $59M |
| Interest Income | $5M |
| Interest Expense | $24M |
| Other Income/Expenses | -$109M |
| INCOME BEFORE TAX | -$50M |
| Income Tax Expense | -$17M |
| Net Income from Continuing Ops | -$32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$25M |
| D&A | $38M |
| EBIT | $59M |
| EBITDA | $97M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$25M |
| Depreciation & Amortization | $35M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$64M |
| OPERATING CASH FLOW | -$46M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$199.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $107M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $16M |
| NET CASH FROM FINANCING | $120M |
| FREE CASH FLOW | -$48M |
| Net Change in Cash | $36M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $258M |
| Short-Term Investments | $42M |
| Net Receivables | $223M |
| Inventory | $9M |
| Other Current Assets | $308.0K |
| TOTAL CURRENT ASSETS | $532M |
| PP&E (Net) | $83M |
| Goodwill | $56M |
| Intangible Assets | $2.8B |
| Long-Term Investments | $19M |
| Tax Assets | $142M |
| Other Non-Current Assets | $120M |
| TOTAL NON-CURRENT ASSETS | $3.2B |
| TOTAL ASSETS | $3.8B |
| Account Payables | $127M |
| Short-Term Debt | $159M |
| Deferred Revenue | $8M |
| Other Current Liabilities | $47M |
| TOTAL CURRENT LIABILITIES | $522M |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $22M |
| Deferred Tax Liabilities | $207M |
| Other Non-Current Liabilities | $778M |
| TOTAL NON-CURRENT LIABILITIES | $2.1B |
| TOTAL LIABILITIES | $2.6B |
| Common Stock | $160M |
| Additional Paid-In Capital | $180M |
| Retained Earnings | $437M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $772M |
| Minority Interest | $423M |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $3.8B |
| Total Debt | $1.2B |
| Net Debt | $962M |
