| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.8B | $4.8B | $4.8B | -20.4% | -19.6% |
| Op. Income | -$66M | $30M | $693M | -321.1% | -109.6% |
| Gross Margin | 9.6% | 12.3% | 24.3% | -2.8pp | -14.8pp |
| Net Margin | -1.0% | 0.5% | 9.0% | -1.6pp | -10.0pp |
| EPS (Diluted) | $-0.06 | $0.03 | $0.60 | -260.8% | -109.4% |
| Free Cash Flow | -$675M | -$99M | -$238M | -584.1% | -183.4% |
| Item | Amount |
|---|---|
| REVENUE | $3.8B |
| Cost of Revenue | $3.5B |
| GROSS PROFIT | $366M |
| R&D Expenses | $192M |
| Selling & Marketing | $117M |
| General & Administrative | $123M |
| SG&A Expenses | $240M |
| Other Expenses | $0 |
| Operating Expenses | $432M |
| Cost & Expenses | $3.9B |
| OPERATING INCOME | -$66M |
| Interest Income | $13M |
| Interest Expense | $15M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$65M |
| Income Tax Expense | -$32M |
| Net Income from Continuing Ops | -$33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$40M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$40M |
| D&A | $614M |
| EBIT | -$49M |
| EBITDA | $565M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$40M |
| Depreciation & Amortization | $609M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$25M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $540M |
| Capital Expenditure | -$1.2B |
| Acquisitions (Net) | $69M |
| Purchases of Investments | -$425M |
| Sales/Maturities of Investments | $347M |
| Other Investing Activities | -$34.8K |
| NET CASH FROM INVESTING | -$1.3B |
| Net Debt Issuance | $747M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $747M |
| FREE CASH FLOW | -$675M |
| Net Change in Cash | -$25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.8B |
| Short-Term Investments | $589M |
| Net Receivables | $1.9B |
| Inventory | $1.6B |
| Other Current Assets | $261M |
| TOTAL CURRENT ASSETS | $6.7B |
| PP&E (Net) | $11.8B |
| Goodwill | $214M |
| Intangible Assets | $402M |
| Long-Term Investments | $124M |
| Tax Assets | $731M |
| Other Non-Current Assets | $265M |
| TOTAL NON-CURRENT ASSETS | $13.6B |
| TOTAL ASSETS | $20.2B |
| Account Payables | $1.9B |
| Short-Term Debt | $1.4B |
| Deferred Revenue | $176M |
| Other Current Liabilities | $2.7B |
| TOTAL CURRENT LIABILITIES | $6.4B |
| Long-Term Debt | $3.1B |
| Deferred Revenue NC | $513M |
| Deferred Tax Liabilities | $16M |
| Other Non-Current Liabilities | $700M |
| TOTAL NON-CURRENT LIABILITIES | $3.8B |
| TOTAL LIABILITIES | $10.2B |
| Common Stock | $1.2B |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $7.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$123M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.6B |
| Minority Interest | $397M |
| TOTAL EQUITY | $10.0B |
| TOTAL LIABILITIES & EQUITY | $20.2B |
| Total Debt | $4.5B |
| Net Debt | $2.8B |
