| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $2.9B | $4.3B | -45.1% | -63.3% |
| Op. Income | $183M | -$428M | $534M | 142.7% | -65.8% |
| Gross Margin | 16.2% | -14.2% | 22.4% | 30.4pp | -6.2pp |
| Net Margin | -10.8% | -45.4% | 30.1% | 34.6pp | -40.9pp |
| EPS (Diluted) | $-0.14 | $-1.07 | $1.06 | 87.0% | -113.1% |
| Free Cash Flow | -$717M | -$135M | $749M | -430.3% | -195.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $257M |
| R&D Expenses | $1M |
| Selling & Marketing | $3M |
| General & Administrative | $70M |
| SG&A Expenses | $73M |
| Other Expenses | $0 |
| Operating Expenses | $75M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $183M |
| Interest Income | $536.5K |
| Interest Expense | $67M |
| Other Income/Expenses | -$451M |
| INCOME BEFORE TAX | -$268M |
| Income Tax Expense | -$96M |
| Net Income from Continuing Ops | -$172M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$172M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$172M |
| D&A | $437M |
| EBIT | -$381M |
| EBITDA | $56M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$172M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $26M |
| Deferred Income Tax | -$96M |
| Other Non-Cash Items | -$96M |
| Change in Working Capital | -$272M |
| OPERATING CASH FLOW | -$609M |
| Capital Expenditure | -$107M |
| Acquisitions (Net) | $730.8K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$44M |
| NET CASH FROM INVESTING | -$151M |
| Net Debt Issuance | $761M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $761M |
| FREE CASH FLOW | -$717M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $82M |
| Short-Term Investments | $0 |
| Net Receivables | $751M |
| Inventory | $588M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $15.0B |
| Goodwill | $1.2B |
| Intangible Assets | $51M |
| Long-Term Investments | $40M |
| Tax Assets | $0 |
| Other Non-Current Assets | $459M |
| TOTAL NON-CURRENT ASSETS | $16.8B |
| TOTAL ASSETS | $18.2B |
| Account Payables | $785M |
| Short-Term Debt | $267M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $101M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $4.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.9B |
| Other Non-Current Liabilities | $610M |
| TOTAL NON-CURRENT LIABILITIES | $7.8B |
| TOTAL LIABILITIES | $8.9B |
| Common Stock | $5.9B |
| Additional Paid-In Capital | $2.4B |
| Retained Earnings | $455M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $557M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $9.3B |
| TOTAL LIABILITIES & EQUITY | $18.2B |
| Total Debt | $5.5B |
| Net Debt | $5.4B |
