| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.9B | $3.5B | $3.8B | -18.1% | -23.8% |
| Op. Income | -$428M | $527M | $423M | -181.3% | -201.2% |
| Gross Margin | -14.2% | 17.6% | 22.6% | -31.8pp | -36.8pp |
| Net Margin | -45.4% | 2.3% | 2.1% | -47.7pp | -47.5pp |
| EPS (Diluted) | $-1.07 | $0.07 | $0.07 | -1688.7% | -1722.2% |
| Free Cash Flow | -$135M | $307M | $84M | -144.0% | -260.9% |
| Item | Amount |
|---|---|
| REVENUE | $2.9B |
| Cost of Revenue | $3.3B |
| GROSS PROFIT | -$411M |
| R&D Expenses | $2M |
| Selling & Marketing | -$2M |
| General & Administrative | $17M |
| SG&A Expenses | $15M |
| Other Expenses | $0 |
| Operating Expenses | $17M |
| Cost & Expenses | $3.3B |
| OPERATING INCOME | -$428M |
| Interest Income | $513.4K |
| Interest Expense | $47M |
| Other Income/Expenses | -$1.1B |
| INCOME BEFORE TAX | -$1.6B |
| Income Tax Expense | -$254M |
| Net Income from Continuing Ops | -$1.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1.3B |
| D&A | $702M |
| EBIT | -$1.1B |
| EBITDA | -$432M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$1.3B |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$254M |
| Other Non-Cash Items | $1.4B |
| Change in Working Capital | $227M |
| OPERATING CASH FLOW | $91M |
| Capital Expenditure | -$227M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$8M |
| NET CASH FROM INVESTING | -$235M |
| Net Debt Issuance | $189M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$56M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $133M |
| FREE CASH FLOW | -$135M |
| Net Change in Cash | -$19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $117M |
| Short-Term Investments | $0 |
| Net Receivables | $601M |
| Inventory | $479M |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $21.4B |
| Goodwill | $1.7B |
| Intangible Assets | $72M |
| Long-Term Investments | $39M |
| Tax Assets | $0 |
| Other Non-Current Assets | $43M |
| TOTAL NON-CURRENT ASSETS | $23.2B |
| TOTAL ASSETS | $24.4B |
| Account Payables | $1.1B |
| Short-Term Debt | $440M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $34M |
| TOTAL CURRENT LIABILITIES | $1.7B |
| Long-Term Debt | $5.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3.4B |
| TOTAL NON-CURRENT LIABILITIES | $9.7B |
| TOTAL LIABILITIES | $11.4B |
| Common Stock | $8.1B |
| Additional Paid-In Capital | $3.2B |
| Retained Earnings | $791M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $899M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $13.0B |
| TOTAL LIABILITIES & EQUITY | $24.4B |
| Total Debt | $6.9B |
| Net Debt | $6.8B |
