| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $218M | $318M | $245M | -31.4% | -11.0% |
| Op. Income | -$51M | -$44M | -$14M | -14.9% | -250.4% |
| Gross Margin | 29.6% | 24.6% | 37.2% | 5.0pp | -7.6pp |
| Net Margin | -14.8% | -14.5% | -4.5% | -0.3pp | -10.2pp |
| EPS (Diluted) | $-1.36 | $-1.94 | $-0.47 | 29.9% | -189.4% |
| Free Cash Flow | -$87M | $17M | -$52M | -620.1% | -67.0% |
| Item | Amount |
|---|---|
| REVENUE | $218M |
| Cost of Revenue | $154M |
| GROSS PROFIT | $65M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $115M |
| Other Expenses | $0 |
| Operating Expenses | $115M |
| Cost & Expenses | $269M |
| OPERATING INCOME | -$51M |
| Interest Income | $7M |
| Interest Expense | $4M |
| Other Income/Expenses | $17M |
| INCOME BEFORE TAX | -$33M |
| Income Tax Expense | $696.0K |
| Net Income from Continuing Ops | -$34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$32M |
| D&A | $30M |
| EBIT | -$29M |
| EBITDA | $371.0K |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$32M |
| Depreciation & Amortization | $30M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $683.0K |
| Other Non-Cash Items | -$15M |
| Change in Working Capital | -$38M |
| OPERATING CASH FLOW | -$45M |
| Capital Expenditure | -$42M |
| Acquisitions (Net) | -$45M |
| Purchases of Investments | -$45M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $37M |
| NET CASH FROM INVESTING | -$95M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$17M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$17M |
| FREE CASH FLOW | -$87M |
| Net Change in Cash | -$155M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $0 |
| Net Receivables | $125M |
| Inventory | $0 |
| Other Current Assets | $49M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $1.3B |
| Goodwill | $393M |
| Intangible Assets | $414M |
| Long-Term Investments | $266M |
| Tax Assets | $0 |
| Other Non-Current Assets | $52M |
| TOTAL NON-CURRENT ASSETS | $2.4B |
| TOTAL ASSETS | $3.7B |
| Account Payables | $34M |
| Short-Term Debt | $2M |
| Deferred Revenue | $413M |
| Other Current Liabilities | $257M |
| TOTAL CURRENT LIABILITIES | $776M |
| Long-Term Debt | $101M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $80M |
| Other Non-Current Liabilities | $146M |
| TOTAL NON-CURRENT LIABILITIES | $326M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $249.0K |
| Additional Paid-In Capital | $2.8B |
| Retained Earnings | -$15M |
| Treasury Stock | -$209M |
| Accum. Other Comp. Income | -$42M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $95M |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $3.7B |
| Total Debt | $103M |
| Net Debt | -$998M |
