Q4 2005 Earnings

Reported June 30, 2005

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Metric	Q4 2005	Q3 2005	Q4 2004	QoQ Change	YoY Change
Revenue	$282M	—	$325M	—	-13.5%
Op. Income	-$75M	—	-$94M	—	20.7%
Gross Margin	-1.2%	—	0.4%	—	-1.7pp
Net Margin	-75.0%	—	-20.3%	—	-54.7pp
EPS (Diluted)	$-0.56	—	$-0.26	—	-117.4%

Income Statement

Item	Amount
REVENUE	$282M
Cost of Revenue	$285M
GROSS PROFIT	-$4M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$31M
Other Expenses	$0
Operating Expenses	$188M
Cost & Expenses	$473M
OPERATING INCOME	-$75M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	-$148M
INCOME BEFORE TAX	-$223M
Income Tax Expense	-$11M
Net Income from Continuing Ops	-$211M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	-$211M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	-$211M
D&A	$14M
EBIT	-$192M
EBITDA	-$118M
EPS	-$1
EPS Diluted	-$1