| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.2B | $1.4B | -4.0% | -19.8% |
| Op. Income | -$2M | $7M | $13M | -128.6% | -115.4% |
| Gross Margin | 21.0% | 21.8% | 18.9% | -0.8pp | 2.1pp |
| Net Margin | -92.5% | -26.6% | 0.8% | -65.9pp | -93.3pp |
| EPS (Diluted) | $-4.94 | $-1.48 | $0.04 | -233.8% | -12450.0% |
| Free Cash Flow | -$228M | -$119M | $47M | -91.6% | -585.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $879M |
| GROSS PROFIT | $233M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $121M |
| SG&A Expenses | $121M |
| Other Expenses | -$1M |
| Operating Expenses | $235M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $20M |
| Other Income/Expenses | -$1.1B |
| INCOME BEFORE TAX | -$1.1B |
| Income Tax Expense | -$90M |
| Net Income from Continuing Ops | -$1.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1.0B |
| D&A | $112M |
| EBIT | -$1.1B |
| EBITDA | -$987M |
| EPS | -$5 |
| EPS Diluted | -$5 |
| Item | Amount |
|---|---|
| Net Income | -$1.0B |
| Depreciation & Amortization | $112M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$95M |
| Other Non-Cash Items | $1.1B |
| Change in Working Capital | -$251M |
| OPERATING CASH FLOW | -$185M |
| Capital Expenditure | -$43M |
| Acquisitions (Net) | $1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$41M |
| Net Debt Issuance | -$14M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$17M |
| FREE CASH FLOW | -$228M |
| Net Change in Cash | -$243M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $276M |
| Short-Term Investments | $0 |
| Net Receivables | $1.1B |
| Inventory | $114M |
| Other Current Assets | $135M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $650M |
| Goodwill | $2.1B |
| Intangible Assets | $726M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $215M |
| TOTAL NON-CURRENT ASSETS | $3.7B |
| TOTAL ASSETS | $5.3B |
| Account Payables | $161M |
| Short-Term Debt | $52M |
| Deferred Revenue | $92M |
| Other Current Liabilities | $626M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $26M |
| Deferred Tax Liabilities | $186M |
| Other Non-Current Liabilities | $79M |
| TOTAL NON-CURRENT LIABILITIES | $2.2B |
| TOTAL LIABILITIES | $3.4B |
| Common Stock | $2M |
| Additional Paid-In Capital | $3.9B |
| Retained Earnings | -$1.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$404M |
| Other Equity | -$142M |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $5.3B |
| Total Debt | $1.9B |
| Net Debt | $1.6B |
