| Metric | FY 2020 | Prior Q | FY 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.7B | — | $2.2B | — | 23.5% |
| Op. Income | -$240M | — | $422M | — | -157.0% |
| Gross Margin | 93.9% | — | 93.2% | — | 0.8pp |
| Net Margin | -11.1% | — | 20.7% | — | -31.8pp |
| EPS (Diluted) | $-1.36 | — | $2.05 | — | -166.3% |
| Free Cash Flow | -$312M | — | $633M | — | -149.3% |
| Item | Amount |
|---|---|
| REVENUE | $2.7B |
| Cost of Revenue | $162M |
| GROSS PROFIT | $2.5B |
| R&D Expenses | $2.2B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $517M |
| Other Expenses | $13M |
| Operating Expenses | $2.7B |
| Cost & Expenses | $2.9B |
| OPERATING INCOME | -$240M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | -$232M |
| Income Tax Expense | $63M |
| Net Income from Continuing Ops | -$296M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$296M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$296M |
| D&A | $52M |
| EBIT | -$230M |
| EBITDA | -$178M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$296M |
| Depreciation & Amortization | $52M |
| Stock-Based Compensation | $178M |
| Deferred Income Tax | -$350.0K |
| Other Non-Cash Items | $14M |
| Change in Working Capital | -$72M |
| OPERATING CASH FLOW | -$125M |
| Capital Expenditure | -$187M |
| Acquisitions (Net) | $187M |
| Purchases of Investments | -$612M |
| Sales/Maturities of Investments | $531M |
| Other Investing Activities | -$187M |
| NET CASH FROM INVESTING | -$269M |
| Net Debt Issuance | -$836.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$38M |
| NET CASH FROM FINANCING | $72M |
| FREE CASH FLOW | -$312M |
| Net Change in Cash | -$319M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $288M |
| Net Receivables | $482M |
| Inventory | $16M |
| Other Current Assets | $60M |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $588M |
| Goodwill | $156M |
| Intangible Assets | $172M |
| Long-Term Investments | $222M |
| Tax Assets | $2M |
| Other Non-Current Assets | $61M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $3.6B |
| Account Payables | $99M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $260M |
| TOTAL CURRENT LIABILITIES | $631M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $286M |
| TOTAL NON-CURRENT LIABILITIES | $318M |
| TOTAL LIABILITIES | $950M |
| Common Stock | $219.0K |
| Additional Paid-In Capital | $4.4B |
| Retained Earnings | -$1.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$15M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $3.6B |
| Total Debt | $48M |
| Net Debt | -$1.5B |
