| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.8B | $2.5B | $2.8B | 13.2% | 0.2% |
| Op. Income | $644M | $482M | $209M | 33.7% | 208.3% |
| Gross Margin | 72.2% | 73.8% | 71.8% | -1.6pp | 0.4pp |
| Net Margin | -36.0% | -20.9% | 452.2% | -15.1pp | -488.2pp |
| EPS (Diluted) | $-1.75 | $-0.86 | $0.77 | -103.5% | -327.3% |
| Free Cash Flow | $830M | $840M | $367M | -1.2% | 126.4% |
| Item | Amount |
|---|---|
| REVENUE | $2.8B |
| Cost of Revenue | $791M |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $537M |
| Other Expenses | $873M |
| Operating Expenses | $1.4B |
| Cost & Expenses | $2.2B |
| OPERATING INCOME | $644M |
| Interest Income | $0 |
| Interest Expense | $280M |
| Other Income/Expenses | -$1.8B |
| INCOME BEFORE TAX | -$1.2B |
| Income Tax Expense | -$166M |
| Net Income from Continuing Ops | -$986M |
| Net Income from Discontinued Ops | $12M |
| Other Adjustments | $0 |
| NET INCOME | -$1.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1.0B |
| D&A | $381M |
| EBIT | $672M |
| EBITDA | $1.1B |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$1.0B |
| Depreciation & Amortization | $391M |
| Stock-Based Compensation | $104M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1.5B |
| Change in Working Capital | $96M |
| OPERATING CASH FLOW | $1.1B |
| Capital Expenditure | -$270M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$268M |
| NET CASH FROM INVESTING | -$538M |
| Net Debt Issuance | $2.4B |
| Common Stock Repurchased | -$284M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$23M |
| NET CASH FROM FINANCING | $2.1B |
| FREE CASH FLOW | $830M |
| Net Change in Cash | $2.7B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.8B |
| Short-Term Investments | $2.5B |
| Net Receivables | $546M |
| Inventory | $0 |
| Other Current Assets | $883M |
| TOTAL CURRENT ASSETS | $7.8B |
| PP&E (Net) | $6.6B |
| Goodwill | $6.6B |
| Intangible Assets | $379M |
| Long-Term Investments | $5.9B |
| Tax Assets | $350M |
| Other Non-Current Assets | $23.6B |
| TOTAL NON-CURRENT ASSETS | $43.4B |
| TOTAL ASSETS | $51.2B |
| Account Payables | $450M |
| Short-Term Debt | $1.9B |
| Deferred Revenue | $300M |
| Other Current Liabilities | $1.6B |
| TOTAL CURRENT LIABILITIES | $4.2B |
| Long-Term Debt | $9.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $23.7B |
| TOTAL NON-CURRENT LIABILITIES | $34.2B |
| TOTAL LIABILITIES | $38.4B |
| Common Stock | $6M |
| Additional Paid-In Capital | $5.3B |
| Retained Earnings | $5.7B |
| Treasury Stock | -$100.0K |
| Accum. Other Comp. Income | $2.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13.1B |
| Minority Interest | -$331M |
| TOTAL EQUITY | $12.8B |
| TOTAL LIABILITIES & EQUITY | $51.2B |
| Total Debt | $12.3B |
| Net Debt | $8.6B |
