| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.1B | — | $4.7B | — | -12.5% |
| Op. Income | $95M | — | $397M | — | -76.1% |
| Gross Margin | 14.6% | — | 18.0% | — | -3.4pp |
| Net Margin | 0.1% | — | 6.3% | — | -6.3pp |
| EPS (Diluted) | $0.00 | — | $0.42 | — | -99.2% |
| Free Cash Flow | -$392M | — | $307M | — | -227.5% |
| Item | Amount |
|---|---|
| REVENUE | $4.1B |
| Cost of Revenue | $3.5B |
| GROSS PROFIT | $601M |
| R&D Expenses | $222M |
| Selling & Marketing | $149M |
| General & Administrative | $135M |
| SG&A Expenses | $285M |
| Other Expenses | $0 |
| Operating Expenses | $507M |
| Cost & Expenses | $4.0B |
| OPERATING INCOME | $95M |
| Interest Income | $11M |
| Interest Expense | $12M |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | $75M |
| Income Tax Expense | $63M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $596M |
| EBIT | $87M |
| EBITDA | $683M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4.1B |
| Cost of Revenue | $3.5B |
| GROSS PROFIT | $601M |
| R&D Expenses | $222M |
| Selling & Marketing | $149M |
| General & Administrative | $135M |
| SG&A Expenses | $285M |
| Other Expenses | $0 |
| Operating Expenses | $507M |
| Cost & Expenses | $4.0B |
| OPERATING INCOME | $95M |
| Interest Income | $11M |
| Interest Expense | $12M |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | $75M |
| Income Tax Expense | $63M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $596M |
| EBIT | $87M |
| EBITDA | $683M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $591M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $116M |
| Change in Working Capital | $262M |
| OPERATING CASH FLOW | $972M |
| Capital Expenditure | -$1.4B |
| Acquisitions (Net) | $249M |
| Purchases of Investments | -$9M |
| Sales/Maturities of Investments | $186M |
| Other Investing Activities | -$14M |
| NET CASH FROM INVESTING | -$1.1B |
| Net Debt Issuance | -$249M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $342M |
| NET CASH FROM FINANCING | $60M |
| FREE CASH FLOW | -$392M |
| Net Change in Cash | -$53M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.9B |
| Short-Term Investments | $5M |
| Net Receivables | $2.2B |
| Inventory | $1.8B |
| Other Current Assets | $286M |
| TOTAL CURRENT ASSETS | $6.3B |
| PP&E (Net) | $13.6B |
| Goodwill | $271M |
| Intangible Assets | $401M |
| Long-Term Investments | $153M |
| Tax Assets | $774M |
| Other Non-Current Assets | $256M |
| TOTAL NON-CURRENT ASSETS | $15.5B |
| TOTAL ASSETS | $21.7B |
| Account Payables | $2.1B |
| Short-Term Debt | $1.4B |
| Deferred Revenue | $464M |
| Other Current Liabilities | $2.8B |
| TOTAL CURRENT LIABILITIES | $6.9B |
| Long-Term Debt | $3.8B |
| Deferred Revenue NC | $825M |
| Deferred Tax Liabilities | $10M |
| Other Non-Current Liabilities | $1.1B |
| TOTAL NON-CURRENT LIABILITIES | $4.9B |
| TOTAL LIABILITIES | $11.8B |
| Common Stock | $1.2B |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $6.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$218M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.3B |
| Minority Interest | $606M |
| TOTAL EQUITY | $9.9B |
| TOTAL LIABILITIES & EQUITY | $21.7B |
| Total Debt | $5.2B |
| Net Debt | $3.4B |
