| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.5B | $1.6B | -3.9% | -9.3% |
| Op. Income | -$65M | $76M | $203M | -186.2% | -132.1% |
| Gross Margin | 35.6% | 40.6% | 51.5% | -5.0pp | -16.0pp |
| Net Margin | -5.3% | 5.3% | 8.4% | -10.6pp | -13.7pp |
| EPS (Diluted) | $-1.24 | $1.30 | $2.19 | -195.2% | -156.7% |
| Free Cash Flow | -$239M | $762M | $679M | -131.4% | -135.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $913M |
| GROSS PROFIT | $504M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $458M |
| SG&A Expenses | $458M |
| Other Expenses | $111M |
| Operating Expenses | $570M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | -$65M |
| Interest Income | $1.0B |
| Interest Expense | $347M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$65M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | -$70M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$75M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$75M |
| D&A | $0 |
| EBIT | -$65M |
| EBITDA | -$65M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$75M |
| Depreciation & Amortization | $57M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $242M |
| Change in Working Capital | -$246M |
| OPERATING CASH FLOW | -$22M |
| Capital Expenditure | -$217M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$348M |
| NET CASH FROM INVESTING | -$565M |
| Net Debt Issuance | -$368M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$79M |
| Other Financing Activities | $1.4B |
| NET CASH FROM FINANCING | $1.0B |
| FREE CASH FLOW | -$239M |
| Net Change in Cash | -$384M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.6B |
| Short-Term Investments | $0 |
| Net Receivables | $6.7B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $13.7B |
| PP&E (Net) | $1.7B |
| Goodwill | $2.0B |
| Intangible Assets | $139M |
| Long-Term Investments | $52.7B |
| Tax Assets | $189M |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $57.9B |
| TOTAL ASSETS | $71.6B |
| Account Payables | $314M |
| Short-Term Debt | $621M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $51.5B |
| TOTAL CURRENT LIABILITIES | $52.5B |
| Long-Term Debt | $8.5B |
| Deferred Revenue NC | $243M |
| Deferred Tax Liabilities | $296M |
| Other Non-Current Liabilities | $1.7B |
| TOTAL NON-CURRENT LIABILITIES | $11.2B |
| TOTAL LIABILITIES | $63.8B |
| Common Stock | $135M |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $4.8B |
| Other Equity | $77M |
| TOTAL STOCKHOLDERS' EQUITY | $7.4B |
| Minority Interest | $440M |
| TOTAL EQUITY | $7.9B |
| TOTAL LIABILITIES & EQUITY | $71.6B |
| Total Debt | $9.6B |
| Net Debt | $3.1B |
