| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.6B | $4.4B | $4.3B | -17.9% | -15.7% |
| Op. Income | -$161M | $34M | $421M | -573.5% | -138.2% |
| Gross Margin | 1.4% | 2.6% | 11.7% | -1.1pp | -10.3pp |
| Net Margin | -2.6% | 1.2% | 8.4% | -3.8pp | -11.0pp |
| EPS (Diluted) | $-0.49 | $0.26 | $1.79 | -288.5% | -127.4% |
| Free Cash Flow | $516M | $455M | -$1.2B | 13.4% | 141.9% |
| Item | Amount |
|---|---|
| REVENUE | $3.6B |
| Cost of Revenue | $3.6B |
| GROSS PROFIT | $52M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $213M |
| Operating Expenses | $213M |
| Cost & Expenses | $3.8B |
| OPERATING INCOME | -$161M |
| Interest Income | $0 |
| Interest Expense | $84M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$161M |
| Income Tax Expense | -$67M |
| Net Income from Continuing Ops | -$94M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$94M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$94M |
| D&A | $0 |
| EBIT | -$77M |
| EBITDA | -$77M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$94M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $591M |
| Change in Working Capital | $19M |
| OPERATING CASH FLOW | $516M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5.2B |
| Sales/Maturities of Investments | $2.5B |
| Other Investing Activities | -$1.4B |
| NET CASH FROM INVESTING | -$4.1B |
| Net Debt Issuance | $63M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$77M |
| Other Financing Activities | $1.6B |
| NET CASH FROM FINANCING | $1.6B |
| FREE CASH FLOW | $516M |
| Net Change in Cash | -$2.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.2B |
| Short-Term Investments | $113.5B |
| Net Receivables | $17.4B |
| Inventory | $0 |
| Other Current Assets | -$135.1B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $1.8B |
| Intangible Assets | $0 |
| Long-Term Investments | $118.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$120.0B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $339.7B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$7.0B |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $6.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$6.7B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $318.9B |
| Common Stock | $5.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $8.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $7.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $20.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $20.7B |
| TOTAL LIABILITIES & EQUITY | $339.7B |
| Total Debt | $6.7B |
| Net Debt | $2.5B |
