| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.8B | $3.8B | $4.5B | -1.1% | -15.4% |
| Op. Income | -$154M | -$66M | $543M | -132.0% | -128.4% |
| Gross Margin | 8.3% | 9.6% | 22.8% | -1.2pp | -14.5pp |
| Net Margin | -5.3% | -1.0% | 10.4% | -4.3pp | -15.7pp |
| EPS (Diluted) | $-0.28 | $-0.06 | $0.65 | -406.3% | -143.6% |
| Free Cash Flow | -$504M | -$675M | $160M | 25.3% | -414.6% |
| Item | Amount |
|---|---|
| REVENUE | $3.8B |
| Cost of Revenue | $3.5B |
| GROSS PROFIT | $315M |
| R&D Expenses | $199M |
| Selling & Marketing | $138M |
| General & Administrative | $132M |
| SG&A Expenses | $270M |
| Other Expenses | $0 |
| Operating Expenses | $469M |
| Cost & Expenses | $3.9B |
| OPERATING INCOME | -$154M |
| Interest Income | $14M |
| Interest Expense | $15M |
| Other Income/Expenses | -$76M |
| INCOME BEFORE TAX | -$230M |
| Income Tax Expense | -$27M |
| Net Income from Continuing Ops | -$203M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$201M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$201M |
| D&A | $614M |
| EBIT | -$215M |
| EBITDA | $399M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$208M |
| Depreciation & Amortization | $636M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$79M |
| Change in Working Capital | $664M |
| OPERATING CASH FLOW | $1.0B |
| Capital Expenditure | -$1.5B |
| Acquisitions (Net) | $2M |
| Purchases of Investments | -$86M |
| Sales/Maturities of Investments | $449M |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$1.2B |
| Net Debt Issuance | $507M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$121M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $381M |
| FREE CASH FLOW | -$504M |
| Net Change in Cash | $71M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.9B |
| Short-Term Investments | $185M |
| Net Receivables | $2.4B |
| Inventory | $1.6B |
| Other Current Assets | $344M |
| TOTAL CURRENT ASSETS | $6.6B |
| PP&E (Net) | $12.8B |
| Goodwill | $238M |
| Intangible Assets | $401M |
| Long-Term Investments | $138M |
| Tax Assets | $782M |
| Other Non-Current Assets | $260M |
| TOTAL NON-CURRENT ASSETS | $14.7B |
| TOTAL ASSETS | $21.2B |
| Account Payables | $2.0B |
| Short-Term Debt | $1.5B |
| Deferred Revenue | $296M |
| Other Current Liabilities | $2.7B |
| TOTAL CURRENT LIABILITIES | $6.6B |
| Long-Term Debt | $3.6B |
| Deferred Revenue NC | $965M |
| Deferred Tax Liabilities | $11M |
| Other Non-Current Liabilities | $1.2B |
| TOTAL NON-CURRENT LIABILITIES | $4.8B |
| TOTAL LIABILITIES | $11.4B |
| Common Stock | $1.2B |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $6.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$115M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.4B |
| Minority Interest | $394M |
| TOTAL EQUITY | $9.8B |
| TOTAL LIABILITIES & EQUITY | $21.2B |
| Total Debt | $5.1B |
| Net Debt | $3.2B |
