| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $708M | $988M | $1.0B | -28.3% | -30.4% |
| Op. Income | -$181M | $28M | $167M | -734.8% | -208.1% |
| Gross Margin | -14.1% | 9.7% | 23.5% | -23.8pp | -37.6pp |
| Net Margin | -19.7% | 3.2% | 13.3% | -22.9pp | -33.0pp |
| EPS (Diluted) | $-2.51 | $0.57 | $2.45 | -540.4% | -202.4% |
| Free Cash Flow | $87M | $98M | $166M | -11.2% | -47.8% |
| Item | Amount |
|---|---|
| REVENUE | $708M |
| Cost of Revenue | $808M |
| GROSS PROFIT | -$100M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $81M |
| Operating Expenses | $81M |
| Cost & Expenses | $889M |
| OPERATING INCOME | -$181M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$181M |
| Income Tax Expense | -$42M |
| Net Income from Continuing Ops | -$139M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$139M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$139M |
| D&A | $16M |
| EBIT | -$176M |
| EBITDA | -$160M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$139M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $35.0K |
| Deferred Income Tax | $251M |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$39M |
| OPERATING CASH FLOW | $97M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$696M |
| Sales/Maturities of Investments | $598M |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$104M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$35M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$35M |
| FREE CASH FLOW | $87M |
| Net Change in Cash | -$42M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $253M |
| Short-Term Investments | $238M |
| Net Receivables | $701M |
| Inventory | $0 |
| Other Current Assets | -$1.2B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $214M |
| Goodwill | $43M |
| Intangible Assets | $10M |
| Long-Term Investments | $4.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$4.4B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $5.7B |
| Account Payables | $150M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$156M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $372M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$420M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $4.1B |
| Common Stock | $99M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $5.7B |
| Total Debt | $420M |
| Net Debt | $168M |
