| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.0B | $1.1B | 1.3% | -4.0% |
| Op. Income | $133M | $28M | $11M | 375.0% | 1109.1% |
| Gross Margin | 23.9% | 14.4% | 12.0% | 9.5pp | 11.9pp |
| Net Margin | -1.0% | -0.7% | -52.9% | -0.4pp | 51.8pp |
| EPS (Diluted) | $-0.07 | $-0.03 | $-2.76 | -109.0% | 97.5% |
| Free Cash Flow | $144M | $89M | $309M | 61.8% | -53.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $803M |
| GROSS PROFIT | $252M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $119M |
| Operating Expenses | $119M |
| Cost & Expenses | $922M |
| OPERATING INCOME | $133M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$144M |
| INCOME BEFORE TAX | -$11M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$14M |
| D&A | $57M |
| EBIT | $15M |
| EBITDA | $72M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $117M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $48M |
| Change in Working Capital | $12M |
| OPERATING CASH FLOW | $172M |
| Capital Expenditure | -$28M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$14M |
| NET CASH FROM INVESTING | -$42M |
| Net Debt Issuance | -$161M |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$173M |
| FREE CASH FLOW | $144M |
| Net Change in Cash | -$38M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $450M |
| Short-Term Investments | $0 |
| Net Receivables | $943M |
| Inventory | $0 |
| Other Current Assets | $111M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $551M |
| Goodwill | $1.5B |
| Intangible Assets | $422M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $178M |
| TOTAL NON-CURRENT ASSETS | $2.7B |
| TOTAL ASSETS | $4.3B |
| Account Payables | $182M |
| Short-Term Debt | $90M |
| Deferred Revenue | $133M |
| Other Current Liabilities | $269M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $29M |
| Deferred Tax Liabilities | $121M |
| Other Non-Current Liabilities | $197M |
| TOTAL NON-CURRENT LIABILITIES | $2.0B |
| TOTAL LIABILITIES | $3.1B |
| Common Stock | $2M |
| Additional Paid-In Capital | $3.9B |
| Retained Earnings | -$2.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$398M |
| Other Equity | -$142M |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $4.3B |
| Total Debt | $1.8B |
| Net Debt | $1.3B |
