| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.1B | $1.2B | -4.4% | -9.2% |
| Op. Income | -$15M | $11M | $7M | -236.4% | -314.3% |
| Gross Margin | 9.7% | 12.0% | 21.8% | -2.3pp | -12.1pp |
| Net Margin | -4.7% | -52.9% | -26.6% | 48.2pp | 21.9pp |
| EPS (Diluted) | $-0.23 | $-2.76 | $-1.48 | 91.7% | 84.5% |
| Free Cash Flow | -$216M | $309M | -$119M | -169.9% | -81.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $949M |
| GROSS PROFIT | $102M |
| R&D Expenses | $1M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $116M |
| Other Expenses | $0 |
| Operating Expenses | $117M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | -$15M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | -$36M |
| INCOME BEFORE TAX | -$51M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$49M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$49M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$51M |
| D&A | $117M |
| EBIT | -$34M |
| EBITDA | $83M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$49M |
| Depreciation & Amortization | $117M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$257M |
| OPERATING CASH FLOW | -$192M |
| Capital Expenditure | -$24M |
| Acquisitions (Net) | $1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$13M |
| NET CASH FROM INVESTING | -$23M |
| Net Debt Issuance | $135M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $130M |
| FREE CASH FLOW | -$216M |
| Net Change in Cash | -$92M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $395M |
| Short-Term Investments | $0 |
| Net Receivables | $975M |
| Inventory | $0 |
| Other Current Assets | $116M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $586M |
| Goodwill | $1.5B |
| Intangible Assets | $563M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $187M |
| TOTAL NON-CURRENT ASSETS | $2.8B |
| TOTAL ASSETS | $4.4B |
| Account Payables | $168M |
| Short-Term Debt | $60M |
| Deferred Revenue | $109M |
| Other Current Liabilities | $206M |
| TOTAL CURRENT LIABILITIES | $1.0B |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $19M |
| Deferred Tax Liabilities | $108M |
| Other Non-Current Liabilities | $204M |
| TOTAL NON-CURRENT LIABILITIES | $2.2B |
| TOTAL LIABILITIES | $3.2B |
| Common Stock | $2M |
| Additional Paid-In Capital | $3.9B |
| Retained Earnings | -$2.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$437M |
| Other Equity | -$142M |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $4.4B |
| Total Debt | $2.0B |
| Net Debt | $1.6B |
