| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $538M | $492M | $456M | 9.4% | 18.0% |
| Op. Income | $95M | $85M | $119M | 11.5% | -20.3% |
| Gross Margin | 53.9% | 56.5% | 60.3% | -2.6pp | -6.4pp |
| Net Margin | -8.5% | -2.8% | 21.8% | -5.8pp | -30.3pp |
| EPS (Diluted) | $-0.09 | $-0.03 | $0.21 | -222.6% | -144.9% |
| Free Cash Flow | $248M | $222M | $193M | 11.7% | 28.4% |
| Item | Amount |
|---|---|
| REVENUE | $538M |
| Cost of Revenue | $248M |
| GROSS PROFIT | $290M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $23M |
| SG&A Expenses | $23M |
| Other Expenses | $172M |
| Operating Expenses | $195M |
| Cost & Expenses | $443M |
| OPERATING INCOME | $95M |
| Interest Income | $3M |
| Interest Expense | $61M |
| Other Income/Expenses | -$144M |
| INCOME BEFORE TAX | -$49M |
| Income Tax Expense | -$6M |
| Net Income from Continuing Ops | -$42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$46M |
| D&A | $172M |
| EBIT | $20M |
| EBITDA | $192M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$42M |
| Depreciation & Amortization | $172M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $78M |
| Change in Working Capital | $43M |
| OPERATING CASH FLOW | $248M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | -$6M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $273M |
| Other Investing Activities | -$620M |
| NET CASH FROM INVESTING | -$353M |
| Net Debt Issuance | -$7M |
| Common Stock Repurchased | -$349.0K |
| Common Dividends Paid | -$182M |
| Other Financing Activities | $189M |
| NET CASH FROM FINANCING | $104M |
| FREE CASH FLOW | $248M |
| Net Change in Cash | -$948.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9M |
| Short-Term Investments | $0 |
| Net Receivables | $195M |
| Inventory | $0 |
| Other Current Assets | $433M |
| TOTAL CURRENT ASSETS | $216M |
| PP&E (Net) | $128M |
| Goodwill | $0 |
| Intangible Assets | $398M |
| Long-Term Investments | $1M |
| Tax Assets | $3.5B |
| Other Non-Current Assets | $24M |
| TOTAL NON-CURRENT ASSETS | $4.0B |
| TOTAL ASSETS | $4.2B |
| Account Payables | $0 |
| Short-Term Debt | $738M |
| Deferred Revenue | $23M |
| Other Current Liabilities | -$401M |
| TOTAL CURRENT LIABILITIES | $599M |
| Long-Term Debt | $5.9B |
| Deferred Revenue NC | $15M |
| Deferred Tax Liabilities | $11M |
| Other Non-Current Liabilities | $264M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $2M |
| Additional Paid-In Capital | $8.9B |
| Retained Earnings | -$526M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3M |
| Other Equity | -$3.5B |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $109M |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $4.2B |
| Total Debt | $1.6B |
| Net Debt | $1.6B |
