| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.8B | $2.6B | $2.1B | 5.6% | 32.3% |
| Op. Income | $128M | $257M | $70M | -50.3% | 81.6% |
| Gross Margin | 31.7% | 37.2% | 30.0% | -5.4pp | 1.7pp |
| Net Margin | 2.4% | 6.8% | 1.9% | -4.4pp | 0.4pp |
| EPS (Diluted) | $0.01 | $0.04 | $0.01 | -62.5% | 61.3% |
| Free Cash Flow | -$607M | -$422M | -$255M | -44.0% | -138.2% |
| Item | Amount |
|---|---|
| REVENUE | $2.8B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $883M |
| R&D Expenses | $267M |
| Selling & Marketing | $274M |
| General & Administrative | $214M |
| SG&A Expenses | $488M |
| Other Expenses | $0 |
| Operating Expenses | $755M |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | $128M |
| Interest Income | $0 |
| Interest Expense | $114M |
| Other Income/Expenses | -$114M |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | -$52M |
| Net Income from Continuing Ops | $66M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $66M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $66M |
| D&A | $1.6B |
| EBIT | $128M |
| EBITDA | $1.7B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.8B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $883M |
| R&D Expenses | $267M |
| Selling & Marketing | $274M |
| General & Administrative | $214M |
| SG&A Expenses | $488M |
| Other Expenses | $0 |
| Operating Expenses | $755M |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | $128M |
| Interest Income | $0 |
| Interest Expense | $114M |
| Other Income/Expenses | -$114M |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | -$52M |
| Net Income from Continuing Ops | $66M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $66M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $66M |
| D&A | $1.6B |
| EBIT | $128M |
| EBITDA | $1.7B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $66M |
| Depreciation & Amortization | $1.6B |
| Stock-Based Compensation | $44M |
| Deferred Income Tax | -$21M |
| Other Non-Cash Items | -$2.1B |
| Change in Working Capital | -$136M |
| OPERATING CASH FLOW | -$535M |
| Capital Expenditure | -$73M |
| Acquisitions (Net) | -$8M |
| Purchases of Investments | -$14M |
| Sales/Maturities of Investments | $32M |
| Other Investing Activities | $7M |
| NET CASH FROM INVESTING | -$56M |
| Net Debt Issuance | $1.4B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$15M |
| NET CASH FROM FINANCING | $1.4B |
| FREE CASH FLOW | -$607M |
| Net Change in Cash | $841M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.9B |
| Short-Term Investments | $246M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $4.5B |
| TOTAL CURRENT ASSETS | $6.7B |
| PP&E (Net) | $310M |
| Goodwill | $0 |
| Intangible Assets | $9.1B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $428M |
| TOTAL NON-CURRENT ASSETS | $9.8B |
| TOTAL ASSETS | $16.5B |
| Account Payables | $273M |
| Short-Term Debt | $0 |
| Deferred Revenue | $505M |
| Other Current Liabilities | $4.1B |
| TOTAL CURRENT LIABILITIES | $5.1B |
| Long-Term Debt | $4.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3.4B |
| TOTAL NON-CURRENT LIABILITIES | $8.3B |
| TOTAL LIABILITIES | $13.4B |
| Common Stock | $1.7B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$31M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.1B |
| TOTAL LIABILITIES & EQUITY | $16.5B |
| Total Debt | $4.8B |
| Net Debt | $2.9B |
