| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.0B | $4.7B | $3.8B | -15.4% | 3.6% |
| Op. Income | -$89M | $188M | -$66M | -147.5% | -34.3% |
| Gross Margin | 10.8% | 17.1% | 9.6% | -6.3pp | 1.2pp |
| Net Margin | -1.0% | 2.1% | -1.0% | -3.1pp | 0.0pp |
| EPS (Diluted) | $-0.06 | $0.14 | $-0.06 | -139.8% | -2.5% |
| Free Cash Flow | -$1.6B | -$761M | -$675M | -104.2% | -130.4% |
| Item | Amount |
|---|---|
| REVENUE | $4.0B |
| Cost of Revenue | $3.5B |
| GROSS PROFIT | $427M |
| R&D Expenses | $225M |
| Selling & Marketing | $157M |
| General & Administrative | $135M |
| SG&A Expenses | $291M |
| Other Expenses | $0 |
| Operating Expenses | $516M |
| Cost & Expenses | $4.1B |
| OPERATING INCOME | -$89M |
| Interest Income | $7M |
| Interest Expense | $13M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$87M |
| Income Tax Expense | -$45M |
| Net Income from Continuing Ops | -$42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$41M |
| D&A | $548M |
| EBIT | -$74M |
| EBITDA | $473M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$41M |
| Depreciation & Amortization | $552M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$19M |
| Change in Working Capital | -$612M |
| OPERATING CASH FLOW | -$120M |
| Capital Expenditure | -$1.4B |
| Acquisitions (Net) | $197M |
| Purchases of Investments | -$68.8K |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | $59M |
| NET CASH FROM INVESTING | -$1.3B |
| Net Debt Issuance | $1.4B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$10M |
| NET CASH FROM FINANCING | $1.4B |
| FREE CASH FLOW | -$1.6B |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $33M |
| Net Receivables | $2.3B |
| Inventory | $1.8B |
| Other Current Assets | $586M |
| TOTAL CURRENT ASSETS | $6.4B |
| PP&E (Net) | $15.6B |
| Goodwill | $257M |
| Intangible Assets | $409M |
| Long-Term Investments | $130M |
| Tax Assets | $831M |
| Other Non-Current Assets | $240M |
| TOTAL NON-CURRENT ASSETS | $17.5B |
| TOTAL ASSETS | $23.9B |
| Account Payables | $2.0B |
| Short-Term Debt | $1.0B |
| Deferred Revenue | $637M |
| Other Current Liabilities | $3.0B |
| TOTAL CURRENT LIABILITIES | $6.6B |
| Long-Term Debt | $6.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $769M |
| TOTAL NON-CURRENT LIABILITIES | $7.0B |
| TOTAL LIABILITIES | $13.6B |
| Common Stock | $1.2B |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $6.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$99M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.5B |
| Minority Interest | $823M |
| TOTAL EQUITY | $10.3B |
| TOTAL LIABILITIES & EQUITY | $23.9B |
| Total Debt | $7.3B |
| Net Debt | $5.7B |
