| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.5B | $1.3B | -2.9% | 6.7% |
| Op. Income | -$130M | -$90M | $152M | -44.7% | -185.3% |
| Gross Margin | 2.5% | 4.9% | 21.4% | -2.4pp | -18.9pp |
| Net Margin | -5.3% | -4.2% | 9.1% | -1.0pp | -14.4pp |
| EPS (Diluted) | $-1.18 | $-0.97 | $1.83 | -21.6% | -164.5% |
| Free Cash Flow | $52M | $81M | -$19M | -36.3% | 366.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $36M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $85M |
| SG&A Expenses | $85M |
| Other Expenses | $81M |
| Operating Expenses | $166M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | -$130M |
| Interest Income | $71M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$130M |
| Income Tax Expense | -$55M |
| Net Income from Continuing Ops | -$75M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$75M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$75M |
| D&A | $26M |
| EBIT | -$119M |
| EBITDA | -$93M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$75M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $200.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $116M |
| OPERATING CASH FLOW | $70M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | -$100.0K |
| Purchases of Investments | -$442M |
| Sales/Maturities of Investments | $439M |
| Other Investing Activities | $600.0K |
| NET CASH FROM INVESTING | -$21M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | -$20M |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$34M |
| FREE CASH FLOW | $52M |
| Net Change in Cash | $15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $120M |
| Short-Term Investments | $260M |
| Net Receivables | $1.8B |
| Inventory | $0 |
| Other Current Assets | -$2.2B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $1.3B |
| Intangible Assets | $0 |
| Long-Term Investments | $9.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$10.8B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $15.0B |
| Account Payables | $0 |
| Short-Term Debt | $1.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$2.0B |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $242M |
| Other Non-Current Liabilities | -$1.4B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $10.8B |
| Common Stock | $6M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $1.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $479M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.2B |
| TOTAL LIABILITIES & EQUITY | $15.0B |
| Total Debt | $2.2B |
| Net Debt | $2.1B |
