| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $19.7B | $15.3B | $16.1B | 28.7% | 22.4% |
| Op. Income | -$137M | -$95M | -$233M | -44.3% | 41.2% |
| Gross Margin | 14.2% | 15.4% | 13.0% | -1.2pp | 1.2pp |
| Net Margin | -3.6% | 2.9% | -0.8% | -6.4pp | -2.7pp |
| EPS (Diluted) | $-0.48 | $0.30 | $-0.09 | -262.7% | -418.8% |
| Free Cash Flow | $262M | -$936M | $247M | 128.0% | 5.9% |
| Item | Amount |
|---|---|
| REVENUE | $19.7B |
| Cost of Revenue | $16.9B |
| GROSS PROFIT | $2.8B |
| R&D Expenses | $511M |
| Selling & Marketing | $928M |
| General & Administrative | $1.5B |
| SG&A Expenses | $2.4B |
| Other Expenses | $0 |
| Operating Expenses | $2.9B |
| Cost & Expenses | $19.8B |
| OPERATING INCOME | -$137M |
| Interest Income | $57M |
| Interest Expense | $21M |
| Other Income/Expenses | -$566M |
| INCOME BEFORE TAX | -$703M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | -$712M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$702M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$702M |
| D&A | -$545M |
| EBIT | -$682M |
| EBITDA | -$682M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$702M |
| Depreciation & Amortization | $812M |
| Stock-Based Compensation | $535M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $1.6B |
| Change in Working Capital | -$1.3B |
| OPERATING CASH FLOW | $880M |
| Capital Expenditure | -$619M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $299M |
| NET CASH FROM INVESTING | -$320M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$30M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$573M |
| NET CASH FROM FINANCING | -$573M |
| FREE CASH FLOW | $262M |
| Net Change in Cash | -$31M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.0B |
| Short-Term Investments | $297M |
| Net Receivables | $2.1B |
| Inventory | $6.4B |
| Other Current Assets | $1.0B |
| TOTAL CURRENT ASSETS | $15.3B |
| PP&E (Net) | $4.0B |
| Goodwill | $970M |
| Intangible Assets | $2.3B |
| Long-Term Investments | $6.9B |
| Tax Assets | $15M |
| Other Non-Current Assets | $1.0B |
| TOTAL NON-CURRENT ASSETS | $15.2B |
| TOTAL ASSETS | $30.5B |
| Account Payables | $11.7B |
| Short-Term Debt | $664M |
| Deferred Revenue | $2.2B |
| Other Current Liabilities | $2.1B |
| TOTAL CURRENT LIABILITIES | $17.7B |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $68M |
| Deferred Tax Liabilities | $121M |
| Other Non-Current Liabilities | $45M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $19.3B |
| Common Stock | $55.5K |
| Additional Paid-In Capital | $12.1B |
| Retained Earnings | -$3.5B |
| Treasury Stock | -$553M |
| Accum. Other Comp. Income | $695M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.7B |
| Minority Interest | $2.5B |
| TOTAL EQUITY | $11.2B |
| TOTAL LIABILITIES & EQUITY | $30.5B |
| Total Debt | $2.1B |
| Net Debt | -$2.9B |
