| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.6B | $6.8B | $5.3B | -17.6% | 4.5% |
| Op. Income | $510M | $585M | $475M | -12.8% | 7.4% |
| Gross Margin | 40.4% | 37.1% | 38.5% | 3.3pp | 1.9pp |
| Net Margin | 4.3% | 6.7% | 4.7% | -2.3pp | -0.4pp |
| EPS (Diluted) | $0.07 | $0.14 | $0.08 | -46.8% | -5.6% |
| Free Cash Flow | $358M | -$148M | $487M | 342.5% | -26.4% |
| Item | Amount |
|---|---|
| REVENUE | $5.6B |
| Cost of Revenue | $3.3B |
| GROSS PROFIT | $2.3B |
| R&D Expenses | $1.0B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $718M |
| Other Expenses | $0 |
| Operating Expenses | $1.7B |
| Cost & Expenses | $5.1B |
| OPERATING INCOME | $510M |
| Interest Income | $0 |
| Interest Expense | $101M |
| Other Income/Expenses | -$128M |
| INCOME BEFORE TAX | $382M |
| Income Tax Expense | $126M |
| Net Income from Continuing Ops | $256M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $242M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $242M |
| D&A | $149M |
| EBIT | $487M |
| EBITDA | $636M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $5.6B |
| Cost of Revenue | $3.3B |
| GROSS PROFIT | $2.3B |
| R&D Expenses | $1.0B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $718M |
| Other Expenses | $0 |
| Operating Expenses | $1.7B |
| Cost & Expenses | $5.1B |
| OPERATING INCOME | $510M |
| Interest Income | $0 |
| Interest Expense | $101M |
| Other Income/Expenses | -$128M |
| INCOME BEFORE TAX | $382M |
| Income Tax Expense | $126M |
| Net Income from Continuing Ops | $256M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $242M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $242M |
| D&A | $149M |
| EBIT | $487M |
| EBITDA | $636M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $242M |
| Depreciation & Amortization | $149M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $141M |
| Change in Working Capital | -$50M |
| OPERATING CASH FLOW | $483M |
| Capital Expenditure | -$125M |
| Acquisitions (Net) | -$20M |
| Purchases of Investments | -$385M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$565M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $162M |
| NET CASH FROM FINANCING | $161M |
| FREE CASH FLOW | $358M |
| Net Change in Cash | $70M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.3B |
| Short-Term Investments | $860M |
| Net Receivables | $8.0B |
| Inventory | $3.6B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $17.8B |
| PP&E (Net) | $2.5B |
| Goodwill | $3.6B |
| Intangible Assets | $746M |
| Long-Term Investments | $3.9B |
| Tax Assets | $3.5B |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $14.3B |
| TOTAL ASSETS | $32.1B |
| Account Payables | $3.3B |
| Short-Term Debt | $2.2B |
| Deferred Revenue | $3.8B |
| Other Current Liabilities | $5.4B |
| TOTAL CURRENT LIABILITIES | $14.6B |
| Long-Term Debt | $2.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $116M |
| Other Non-Current Liabilities | $5.3B |
| TOTAL NON-CURRENT LIABILITIES | $8.8B |
| TOTAL LIABILITIES | $23.4B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $8.8B |
| TOTAL STOCKHOLDERS' EQUITY | $8.8B |
| Minority Interest | -$80M |
| TOTAL EQUITY | $8.7B |
| TOTAL LIABILITIES & EQUITY | $32.1B |
| Total Debt | $5.6B |
| Net Debt | $318M |
