| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.7B | $4.1B | $4.8B | 13.9% | -2.5% |
| Op. Income | $188M | $95M | $30M | 98.6% | 525.4% |
| Gross Margin | 17.1% | 14.6% | 12.3% | 2.5pp | 4.8pp |
| Net Margin | 2.1% | 0.1% | 0.5% | 2.0pp | 1.6pp |
| EPS (Diluted) | $0.14 | $0.00 | $0.03 | 4176.0% | 313.7% |
| Free Cash Flow | -$761M | -$391M | -$99M | -94.7% | -672.0% |
| Item | Amount |
|---|---|
| REVENUE | $4.7B |
| Cost of Revenue | $3.9B |
| GROSS PROFIT | $802M |
| R&D Expenses | $211M |
| Selling & Marketing | $160M |
| General & Administrative | $243M |
| SG&A Expenses | $403M |
| Other Expenses | $0 |
| Operating Expenses | $614M |
| Cost & Expenses | $4.5B |
| OPERATING INCOME | $188M |
| Interest Income | $9M |
| Interest Expense | $12M |
| Other Income/Expenses | -$30M |
| INCOME BEFORE TAX | $158M |
| Income Tax Expense | $55M |
| Net Income from Continuing Ops | $103M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $99M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $99M |
| D&A | $577M |
| EBIT | $170M |
| EBITDA | $747M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4.7B |
| Cost of Revenue | $3.9B |
| GROSS PROFIT | $802M |
| R&D Expenses | $211M |
| Selling & Marketing | $160M |
| General & Administrative | $243M |
| SG&A Expenses | $403M |
| Other Expenses | $0 |
| Operating Expenses | $614M |
| Cost & Expenses | $4.5B |
| OPERATING INCOME | $188M |
| Interest Income | $9M |
| Interest Expense | $12M |
| Other Income/Expenses | -$30M |
| INCOME BEFORE TAX | $158M |
| Income Tax Expense | $55M |
| Net Income from Continuing Ops | $103M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $99M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $99M |
| D&A | $577M |
| EBIT | $170M |
| EBITDA | $747M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $98M |
| Depreciation & Amortization | $573M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $48M |
| Change in Working Capital | -$197M |
| OPERATING CASH FLOW | $522M |
| Capital Expenditure | -$1.3B |
| Acquisitions (Net) | $348.5K |
| Purchases of Investments | -$368.1K |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | -$33M |
| NET CASH FROM INVESTING | -$1.4B |
| Net Debt Issuance | $914M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$378M |
| NET CASH FROM FINANCING | $571M |
| FREE CASH FLOW | -$761M |
| Net Change in Cash | -$279M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $14M |
| Net Receivables | $1.9B |
| Inventory | $1.8B |
| Other Current Assets | $534M |
| TOTAL CURRENT ASSETS | $5.9B |
| PP&E (Net) | $14.6B |
| Goodwill | $70M |
| Intangible Assets | $596M |
| Long-Term Investments | $174M |
| Tax Assets | $767M |
| Other Non-Current Assets | $266M |
| TOTAL NON-CURRENT ASSETS | $16.5B |
| TOTAL ASSETS | $22.4B |
| Account Payables | $2.1B |
| Short-Term Debt | $1.0B |
| Deferred Revenue | $593M |
| Other Current Liabilities | $3.2B |
| TOTAL CURRENT LIABILITIES | $6.7B |
| Long-Term Debt | $4.7B |
| Deferred Revenue NC | $754M |
| Deferred Tax Liabilities | $10M |
| Other Non-Current Liabilities | $880M |
| TOTAL NON-CURRENT LIABILITIES | $5.6B |
| TOTAL LIABILITIES | $12.3B |
| Common Stock | $1.2B |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $6.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$203M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.4B |
| Minority Interest | $612M |
| TOTAL EQUITY | $10.0B |
| TOTAL LIABILITIES & EQUITY | $22.4B |
| Total Debt | $5.8B |
| Net Debt | $4.2B |
