| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.8B | $6.3B | $5.0B | -23.4% | -3.7% |
| Op. Income | $86M | -$426M | -$1.2B | 120.1% | 107.4% |
| Gross Margin | 35.9% | 25.1% | 17.0% | 10.8pp | 18.9pp |
| Net Margin | -1.9% | -31.9% | -23.5% | 30.0pp | 21.6pp |
| EPS (Diluted) | $-0.03 | $-0.61 | $-0.36 | 95.4% | 92.2% |
| Free Cash Flow | $80M | $1.1B | -$276M | -92.5% | 128.8% |
| Item | Amount |
|---|---|
| REVENUE | $4.8B |
| Cost of Revenue | $3.1B |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $972M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $676M |
| Other Expenses | $0 |
| Operating Expenses | $1.6B |
| Cost & Expenses | $4.7B |
| OPERATING INCOME | $86M |
| Interest Income | $0 |
| Interest Expense | $49M |
| Other Income/Expenses | -$181M |
| INCOME BEFORE TAX | -$95M |
| Income Tax Expense | -$14M |
| Net Income from Continuing Ops | -$81M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$93M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$93M |
| D&A | $210M |
| EBIT | -$46M |
| EBITDA | $164M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$93M |
| Depreciation & Amortization | $210M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$229M |
| Change in Working Capital | $286M |
| OPERATING CASH FLOW | $175M |
| Capital Expenditure | -$95M |
| Acquisitions (Net) | -$36M |
| Purchases of Investments | -$59M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $18M |
| NET CASH FROM INVESTING | -$201M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$10M |
| NET CASH FROM FINANCING | -$10M |
| FREE CASH FLOW | $80M |
| Net Change in Cash | -$849.6K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.9B |
| Short-Term Investments | $587M |
| Net Receivables | $8.6B |
| Inventory | $3.1B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $16.3B |
| PP&E (Net) | $1.4B |
| Goodwill | $3.1B |
| Intangible Assets | $870M |
| Long-Term Investments | $3.9B |
| Tax Assets | $2.6B |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $11.8B |
| TOTAL ASSETS | $28.1B |
| Account Payables | $2.8B |
| Short-Term Debt | $275M |
| Deferred Revenue | $3.3B |
| Other Current Liabilities | $4.8B |
| TOTAL CURRENT LIABILITIES | $11.2B |
| Long-Term Debt | $3.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $143M |
| Other Non-Current Liabilities | $3.3B |
| TOTAL NON-CURRENT LIABILITIES | $6.8B |
| TOTAL LIABILITIES | $18.0B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $10.0B |
| TOTAL STOCKHOLDERS' EQUITY | $10.0B |
| Minority Interest | $82M |
| TOTAL EQUITY | $10.1B |
| TOTAL LIABILITIES & EQUITY | $28.1B |
| Total Debt | $3.6B |
| Net Debt | -$324M |
