| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15.3B | $17.9B | $12.2B | -14.3% | 25.1% |
| Op. Income | -$95M | -$151M | $73M | 37.1% | -229.5% |
| Gross Margin | 15.4% | 13.5% | 15.5% | 1.9pp | -0.1pp |
| Net Margin | 2.9% | -1.8% | 1.2% | 4.7pp | 1.7pp |
| EPS (Diluted) | $0.30 | $-0.22 | $0.10 | 232.5% | 191.4% |
| Free Cash Flow | -$936M | $1.7B | -$1.1B | -154.9% | 13.9% |
| Item | Amount |
|---|---|
| REVENUE | $15.3B |
| Cost of Revenue | $12.9B |
| GROSS PROFIT | $2.4B |
| R&D Expenses | $504M |
| Selling & Marketing | $603M |
| General & Administrative | $1.3B |
| SG&A Expenses | $1.9B |
| Other Expenses | $0 |
| Operating Expenses | $2.4B |
| Cost & Expenses | $15.4B |
| OPERATING INCOME | -$95M |
| Interest Income | $84M |
| Interest Expense | $35M |
| Other Income/Expenses | $523M |
| INCOME BEFORE TAX | $428M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $420M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $438M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $438M |
| D&A | $561M |
| EBIT | $463M |
| EBITDA | $463M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $438M |
| Depreciation & Amortization | $445M |
| Stock-Based Compensation | $154M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$115M |
| Change in Working Capital | $843M |
| OPERATING CASH FLOW | $323M |
| Capital Expenditure | -$1.3B |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $879M |
| NET CASH FROM INVESTING | -$380M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$437M |
| NET CASH FROM FINANCING | -$437M |
| FREE CASH FLOW | -$936M |
| Net Change in Cash | -$337M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.0B |
| Short-Term Investments | $755M |
| Net Receivables | $2.5B |
| Inventory | $5.8B |
| Other Current Assets | $1.9B |
| TOTAL CURRENT ASSETS | $16.0B |
| PP&E (Net) | $3.6B |
| Goodwill | $996M |
| Intangible Assets | $2.2B |
| Long-Term Investments | $7.3B |
| Tax Assets | $20M |
| Other Non-Current Assets | $1.0B |
| TOTAL NON-CURRENT ASSETS | $15.2B |
| TOTAL ASSETS | $31.2B |
| Account Payables | $11.4B |
| Short-Term Debt | $1.4B |
| Deferred Revenue | $2.2B |
| Other Current Liabilities | $2.2B |
| TOTAL CURRENT LIABILITIES | $17.8B |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $97M |
| Deferred Tax Liabilities | $127M |
| Other Non-Current Liabilities | $267M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $19.5B |
| Common Stock | $9.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.3B |
| Minority Interest | $2.4B |
| TOTAL EQUITY | $11.7B |
| TOTAL LIABILITIES & EQUITY | $31.2B |
| Total Debt | $2.8B |
| Net Debt | -$2.1B |
