| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.5B | $2.9B | $2.9B | -12.6% | -11.9% |
| Op. Income | $482M | $281M | $149M | 71.7% | 223.9% |
| Gross Margin | 73.8% | 70.3% | 72.4% | 3.5pp | 1.4pp |
| Net Margin | -20.9% | 33.0% | 1.9% | -53.9pp | -22.7pp |
| EPS (Diluted) | $-0.86 | $1.50 | $-0.50 | -157.3% | -72.0% |
| Free Cash Flow | $840M | $102M | $1.4B | 723.8% | -39.6% |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $659M |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $468M |
| Other Expenses | $904M |
| Operating Expenses | $1.4B |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $482M |
| Interest Income | $0 |
| Interest Expense | $282M |
| Other Income/Expenses | -$819M |
| INCOME BEFORE TAX | -$337M |
| Income Tax Expense | $167M |
| Net Income from Continuing Ops | -$504M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$524M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$555M |
| D&A | $546M |
| EBIT | $516M |
| EBITDA | $1.1B |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$524M |
| Depreciation & Amortization | $557M |
| Stock-Based Compensation | $84M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $953M |
| Change in Working Capital | $72M |
| OPERATING CASH FLOW | $1.1B |
| Capital Expenditure | -$302M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$983M |
| NET CASH FROM INVESTING | -$1.3B |
| Net Debt Issuance | -$275M |
| Common Stock Repurchased | -$493M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$171M |
| NET CASH FROM FINANCING | -$938M |
| FREE CASH FLOW | $840M |
| Net Change in Cash | -$1.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.4B |
| Short-Term Investments | $2.7B |
| Net Receivables | $549M |
| Inventory | $0 |
| Other Current Assets | $1.1B |
| TOTAL CURRENT ASSETS | $8.6B |
| PP&E (Net) | $6.5B |
| Goodwill | $6.4B |
| Intangible Assets | $381M |
| Long-Term Investments | $5.8B |
| Tax Assets | $334M |
| Other Non-Current Assets | $19.3B |
| TOTAL NON-CURRENT ASSETS | $38.7B |
| TOTAL ASSETS | $47.3B |
| Account Payables | $410M |
| Short-Term Debt | $1.9B |
| Deferred Revenue | $336M |
| Other Current Liabilities | $1.7B |
| TOTAL CURRENT LIABILITIES | $4.3B |
| Long-Term Debt | $9.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $19.8B |
| TOTAL NON-CURRENT LIABILITIES | $30.4B |
| TOTAL LIABILITIES | $34.8B |
| Common Stock | $6M |
| Additional Paid-In Capital | $5.5B |
| Retained Earnings | $6.7B |
| Treasury Stock | -$100.0K |
| Accum. Other Comp. Income | $677M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12.9B |
| Minority Interest | -$384M |
| TOTAL EQUITY | $12.6B |
| TOTAL LIABILITIES & EQUITY | $47.3B |
| Total Debt | $12.6B |
| Net Debt | $8.2B |
