| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $952M | $939M | $1.4B | 1.4% | -31.1% |
| Op. Income | $170M | -$131M | $194M | 229.8% | -12.4% |
| Gross Margin | 40.9% | 13.8% | 29.2% | 27.0pp | 11.7pp |
| Net Margin | 13.1% | -11.3% | 11.1% | 24.4pp | 2.1pp |
| EPS (Diluted) | $0.64 | $-0.53 | $0.64 | 220.8% | 0.0% |
| Free Cash Flow | $142M | $453M | $334M | -68.7% | -57.5% |
| Item | Amount |
|---|---|
| REVENUE | $952M |
| Cost of Revenue | $563M |
| GROSS PROFIT | $389M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $117M |
| SG&A Expenses | $117M |
| Other Expenses | $102M |
| Operating Expenses | $219M |
| Cost & Expenses | $782M |
| OPERATING INCOME | $170M |
| Interest Income | $819M |
| Interest Expense | $519M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $170M |
| Income Tax Expense | $45M |
| Net Income from Continuing Ops | $125M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $125M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $125M |
| D&A | $0 |
| EBIT | $170M |
| EBITDA | $170M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $952M |
| Cost of Revenue | $563M |
| GROSS PROFIT | $389M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $117M |
| SG&A Expenses | $117M |
| Other Expenses | $102M |
| Operating Expenses | $219M |
| Cost & Expenses | $782M |
| OPERATING INCOME | $170M |
| Interest Income | $819M |
| Interest Expense | $519M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $170M |
| Income Tax Expense | $45M |
| Net Income from Continuing Ops | $125M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $125M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $125M |
| D&A | $0 |
| EBIT | $170M |
| EBITDA | $170M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $125M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $80M |
| Change in Working Capital | -$65M |
| OPERATING CASH FLOW | $142M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2.4B |
| NET CASH FROM INVESTING | $2.4B |
| Net Debt Issuance | -$2.3B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$31M |
| Other Financing Activities | -$11M |
| NET CASH FROM FINANCING | -$2.3B |
| FREE CASH FLOW | $142M |
| Net Change in Cash | $221M |
