| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $2.2B | — | -51.6% | — |
| Op. Income | -$930M | $519M | — | -279.3% | — |
| Gross Margin | 19.8% | 61.2% | — | -41.4pp | — |
| Net Margin | -69.3% | 18.3% | — | -87.6pp | — |
| EPS (Diluted) | $-54.01 | $28.50 | — | -289.5% | — |
| Free Cash Flow | $102M | $429M | — | -76.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $870M |
| GROSS PROFIT | $214M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $1.1B |
| Operating Expenses | $1.1B |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | -$930M |
| Interest Income | $0 |
| Interest Expense | $39M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$930M |
| Income Tax Expense | -$177M |
| Net Income from Continuing Ops | -$753M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$752M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$750M |
| D&A | $30M |
| EBIT | -$891M |
| EBITDA | -$861M |
| EPS | -$54 |
| EPS Diluted | -$54 |
| Item | Amount |
|---|---|
| Net Income | -$753M |
| Depreciation & Amortization | $228M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $652M |
| Change in Working Capital | $171M |
| OPERATING CASH FLOW | $130M |
| Capital Expenditure | -$28M |
| Acquisitions (Net) | -$1.2B |
| Purchases of Investments | $708M |
| Sales/Maturities of Investments | $150M |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$344M |
| Net Debt Issuance | $18M |
| Common Stock Repurchased | -$23M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | $102M |
| Net Change in Cash | -$231M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.4B |
| Short-Term Investments | $0 |
| Net Receivables | $1.3B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.7B |
| PP&E (Net) | $552M |
| Goodwill | $2.2B |
| Intangible Assets | $1.7B |
| Long-Term Investments | $16.8B |
| Tax Assets | $449M |
| Other Non-Current Assets | $1.7B |
| TOTAL NON-CURRENT ASSETS | $23.5B |
| TOTAL ASSETS | $27.2B |
| Account Payables | $5.4B |
| Short-Term Debt | $289M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$5.7B |
| TOTAL CURRENT LIABILITIES | $5.4B |
| Long-Term Debt | $2.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $895M |
| Other Non-Current Liabilities | $14.3B |
| TOTAL NON-CURRENT LIABILITIES | $17.9B |
| TOTAL LIABILITIES | $17.9B |
| Common Stock | $3.4B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $5.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$95M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.1B |
| Minority Interest | $194M |
| TOTAL EQUITY | $9.3B |
| TOTAL LIABILITIES & EQUITY | $27.2B |
| Total Debt | $3.0B |
| Net Debt | $613M |
