| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.1B | $1.3B | 0.1% | -14.3% |
| Op. Income | $11M | $11M | $41M | 0.0% | -73.2% |
| Gross Margin | 12.0% | 21.8% | 22.9% | -9.8pp | -10.8pp |
| Net Margin | -52.9% | -1.5% | -10.9% | -51.4pp | -41.9pp |
| EPS (Diluted) | $-2.76 | $-0.08 | $-0.68 | -3517.3% | -305.9% |
| Free Cash Flow | $309M | -$27M | $179M | 1244.4% | 72.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $967M |
| GROSS PROFIT | $132M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $119M |
| Other Expenses | $0 |
| Operating Expenses | $121M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $11M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$646M |
| INCOME BEFORE TAX | -$635M |
| Income Tax Expense | -$54M |
| Net Income from Continuing Ops | -$581M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$581M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$584M |
| D&A | $117M |
| EBIT | -$617M |
| EBITDA | -$500M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$581M |
| Depreciation & Amortization | $120M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $645M |
| Change in Working Capital | $159M |
| OPERATING CASH FLOW | $348M |
| Capital Expenditure | -$39M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$18M |
| NET CASH FROM INVESTING | -$57M |
| Net Debt Issuance | -$12M |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$25M |
| FREE CASH FLOW | $309M |
| Net Change in Cash | $269M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $496M |
| Short-Term Investments | $0 |
| Net Receivables | $917M |
| Inventory | $0 |
| Other Current Assets | $103M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $613M |
| Goodwill | $1.5B |
| Intangible Assets | $616M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $197M |
| TOTAL NON-CURRENT ASSETS | $2.9B |
| TOTAL ASSETS | $4.5B |
| Account Payables | $198M |
| Short-Term Debt | $50M |
| Deferred Revenue | $108M |
| Other Current Liabilities | $216M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $21M |
| Deferred Tax Liabilities | $111M |
| Other Non-Current Liabilities | $212M |
| TOTAL NON-CURRENT LIABILITIES | $2.0B |
| TOTAL LIABILITIES | $3.2B |
| Common Stock | $2M |
| Additional Paid-In Capital | $3.9B |
| Retained Earnings | -$2.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$407M |
| Other Equity | -$142M |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $4.5B |
| Total Debt | $1.8B |
| Net Debt | $1.3B |
