| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.0B | $1.8B | $5.7B | 12.3% | -64.9% |
| Op. Income | -$1.2B | -$1.4B | $665M | 17.2% | -275.6% |
| Gross Margin | -32.1% | -51.5% | 25.0% | 19.3pp | -57.1pp |
| Net Margin | -45.1% | -64.5% | 9.0% | 19.4pp | -54.1pp |
| EPS (Diluted) | $-1.54 | $-1.96 | $0.98 | 21.4% | -257.1% |
| Free Cash Flow | -$687M | -$1.1B | $563M | 39.7% | -222.0% |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | -$647M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $521M |
| Operating Expenses | $521M |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | -$1.2B |
| Interest Income | $2M |
| Interest Expense | $102M |
| Other Income/Expenses | -$163M |
| INCOME BEFORE TAX | -$1.3B |
| Income Tax Expense | -$423M |
| Net Income from Continuing Ops | -$908M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$908M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$908M |
| D&A | $315M |
| EBIT | -$1.2B |
| EBITDA | -$914M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$908M |
| Depreciation & Amortization | $315M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$188M |
| Other Non-Cash Items | $21M |
| Change in Working Capital | $163M |
| OPERATING CASH FLOW | -$597M |
| Capital Expenditure | -$90M |
| Acquisitions (Net) | $90M |
| Purchases of Investments | -$1.2B |
| Sales/Maturities of Investments | $1.4B |
| Other Investing Activities | -$90M |
| NET CASH FROM INVESTING | $91M |
| Net Debt Issuance | -$544M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | -$540M |
| FREE CASH FLOW | -$687M |
| Net Change in Cash | -$1.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11.1B |
| Short-Term Investments | $2.3B |
| Net Receivables | $1.1B |
| Inventory | $414M |
| Other Current Assets | $295M |
| TOTAL CURRENT ASSETS | $15.2B |
| PP&E (Net) | $17.7B |
| Goodwill | $970M |
| Intangible Assets | $295M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $427M |
| TOTAL NON-CURRENT ASSETS | $19.4B |
| TOTAL ASSETS | $34.6B |
| Account Payables | $111M |
| Short-Term Debt | $137M |
| Deferred Revenue | $3.8B |
| Other Current Liabilities | $1.9B |
| TOTAL CURRENT LIABILITIES | $7.5B |
| Long-Term Debt | $9.7B |
| Deferred Revenue NC | $3.3B |
| Deferred Tax Liabilities | $1.6B |
| Other Non-Current Liabilities | $1.6B |
| TOTAL NON-CURRENT LIABILITIES | $18.2B |
| TOTAL LIABILITIES | $25.7B |
| Common Stock | $888M |
| Additional Paid-In Capital | $4.2B |
| Retained Earnings | $14.8B |
| Treasury Stock | -$10.9B |
| Accum. Other Comp. Income | -$105M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $8.9B |
| TOTAL LIABILITIES & EQUITY | $34.6B |
| Total Debt | $12.2B |
| Net Debt | $1.1B |
