| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.0B | $1.0B | $1.1B | 2.5% | -5.2% |
| Op. Income | $28M | -$5M | $11M | 660.0% | 154.5% |
| Gross Margin | 14.4% | 10.4% | 21.8% | 4.0pp | -7.4pp |
| Net Margin | -0.7% | -5.0% | -1.5% | 4.3pp | 0.8pp |
| EPS (Diluted) | $-0.03 | $-0.24 | $-0.08 | 86.0% | 56.1% |
| Free Cash Flow | $89M | $38M | -$27M | 134.2% | 429.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $891M |
| GROSS PROFIT | $150M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $122M |
| Other Expenses | $0 |
| Operating Expenses | $122M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $28M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$41M |
| INCOME BEFORE TAX | -$13M |
| Income Tax Expense | -$6M |
| Net Income from Continuing Ops | -$7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $112M |
| EBIT | $1M |
| EBITDA | $113M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$7M |
| Depreciation & Amortization | $112M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | $16M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $107M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | $1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$34M |
| Net Debt Issuance | -$11M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$15M |
| FREE CASH FLOW | $89M |
| Net Change in Cash | $59M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $488M |
| Short-Term Investments | $0 |
| Net Receivables | $977M |
| Inventory | $0 |
| Other Current Assets | $106M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $552M |
| Goodwill | $1.5B |
| Intangible Assets | $466M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $183M |
| TOTAL NON-CURRENT ASSETS | $2.7B |
| TOTAL ASSETS | $4.4B |
| Account Payables | $173M |
| Short-Term Debt | $78M |
| Deferred Revenue | $112M |
| Other Current Liabilities | $245M |
| TOTAL CURRENT LIABILITIES | $1.0B |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $20M |
| Deferred Tax Liabilities | $138M |
| Other Non-Current Liabilities | $195M |
| TOTAL NON-CURRENT LIABILITIES | $2.1B |
| TOTAL LIABILITIES | $3.2B |
| Common Stock | $2M |
| Additional Paid-In Capital | $3.9B |
| Retained Earnings | -$2.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$421M |
| Other Equity | -$142M |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $4.4B |
| Total Debt | $1.9B |
| Net Debt | $1.5B |
