| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.3B | $2.8B | $2.7B | -17.5% | -15.0% |
| Op. Income | -$89M | $335M | $419M | -126.6% | -121.2% |
| Gross Margin | 22.8% | 33.7% | 37.0% | -10.9pp | -14.2pp |
| Net Margin | -2.7% | 9.8% | 12.7% | -12.5pp | -15.4pp |
| EPS (Diluted) | $-0.22 | $1.00 | $1.25 | -122.0% | -117.6% |
| Free Cash Flow | $209M | $154M | $279M | 35.7% | -25.1% |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $522M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $611M |
| Operating Expenses | $611M |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | -$89M |
| Interest Income | $0 |
| Interest Expense | $31M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$89M |
| Income Tax Expense | -$28M |
| Net Income from Continuing Ops | -$61M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$61M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$61M |
| D&A | $16M |
| EBIT | -$58M |
| EBITDA | -$42M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$61M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$37M |
| Other Non-Cash Items | $48M |
| Change in Working Capital | $246M |
| OPERATING CASH FLOW | $212M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $172M |
| Purchases of Investments | -$777M |
| Sales/Maturities of Investments | $1.7B |
| Other Investing Activities | -$25M |
| NET CASH FROM INVESTING | $1.1B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$18M |
| Common Dividends Paid | -$649M |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | -$675M |
| FREE CASH FLOW | $209M |
| Net Change in Cash | $615M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $857M |
| Short-Term Investments | $596M |
| Net Receivables | $6.8B |
| Inventory | $0 |
| Other Current Assets | -$8.3B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $271M |
| Goodwill | $145M |
| Intangible Assets | $0 |
| Long-Term Investments | $43.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$43.4B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $58.4B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $2.7B |
| Deferred Revenue NC | $3.8B |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$6.5B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $48.0B |
| Common Stock | $683M |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | $8.6B |
| Treasury Stock | -$72M |
| Accum. Other Comp. Income | -$1.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $10.4B |
| TOTAL LIABILITIES & EQUITY | $58.4B |
| Total Debt | $2.7B |
| Net Debt | $1.8B |
