| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.3B | $1.4B | -9.7% | -18.5% |
| Op. Income | $7M | $41M | $44M | -82.9% | -84.1% |
| Gross Margin | 21.8% | 22.9% | 17.7% | -1.1pp | 4.0pp |
| Net Margin | -26.6% | -10.9% | -3.5% | -15.7pp | -23.1pp |
| EPS (Diluted) | $-1.48 | $-0.68 | $-0.24 | -117.6% | -516.7% |
| Free Cash Flow | -$119M | $179M | -$77M | -166.5% | -54.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $906M |
| GROSS PROFIT | $252M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $127M |
| SG&A Expenses | $127M |
| Other Expenses | $1M |
| Operating Expenses | $245M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $7M |
| Interest Income | $0 |
| Interest Expense | $20M |
| Other Income/Expenses | -$345M |
| INCOME BEFORE TAX | -$338M |
| Income Tax Expense | -$30M |
| Net Income from Continuing Ops | -$308M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$308M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$310M |
| D&A | $115M |
| EBIT | $8M |
| EBITDA | $123M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$308M |
| Depreciation & Amortization | $115M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$45M |
| Other Non-Cash Items | $299M |
| Change in Working Capital | -$117M |
| OPERATING CASH FLOW | -$49M |
| Capital Expenditure | -$70M |
| Acquisitions (Net) | -$99M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$168M |
| Net Debt Issuance | -$14M |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$22M |
| FREE CASH FLOW | -$119M |
| Net Change in Cash | -$237M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $520M |
| Short-Term Investments | $0 |
| Net Receivables | $1.0B |
| Inventory | $0 |
| Other Current Assets | $294M |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $674M |
| Goodwill | $3.2B |
| Intangible Assets | $627M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $360M |
| TOTAL NON-CURRENT ASSETS | $4.8B |
| TOTAL ASSETS | $6.7B |
| Account Payables | $313M |
| Short-Term Debt | $53M |
| Deferred Revenue | $103M |
| Other Current Liabilities | $705M |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $142M |
| Deferred Tax Liabilities | $283M |
| Other Non-Current Liabilities | $99M |
| TOTAL NON-CURRENT LIABILITIES | $2.3B |
| TOTAL LIABILITIES | $3.7B |
| Common Stock | $2M |
| Additional Paid-In Capital | $3.9B |
| Retained Earnings | -$551M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$403M |
| Other Equity | -$142M |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $6.7B |
| Total Debt | $1.9B |
| Net Debt | $1.4B |
