| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.9B | $2.3B | — | -17.4% | — |
| Op. Income | -$1.9B | -$349M | — | -458.7% | — |
| Gross Margin | 11.9% | 16.5% | — | -4.6pp | — |
| Net Margin | -108.7% | -16.9% | — | -91.8pp | — |
| EPS (Diluted) | $-5.34 | $-1.01 | — | -428.7% | — |
| Free Cash Flow | -$29M | $406M | — | -107.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $224M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $283M |
| Other Expenses | $1.9B |
| Operating Expenses | $2.2B |
| Cost & Expenses | $3.8B |
| OPERATING INCOME | -$1.9B |
| Interest Income | $3M |
| Interest Expense | $22M |
| Other Income/Expenses | -$255M |
| INCOME BEFORE TAX | -$2.2B |
| Income Tax Expense | -$156M |
| Net Income from Continuing Ops | -$2.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2.0B |
| D&A | $105M |
| EBIT | -$2.2B |
| EBITDA | -$2.1B |
| EPS | -$5 |
| EPS Diluted | -$5 |
| Item | Amount |
|---|---|
| Net Income | -$2.0B |
| Depreciation & Amortization | $105M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$62M |
| Other Non-Cash Items | $2.3B |
| Change in Working Capital | -$249M |
| OPERATING CASH FLOW | $39M |
| Capital Expenditure | -$68M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $15M |
| NET CASH FROM INVESTING | -$53M |
| Net Debt Issuance | -$8M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$19M |
| Other Financing Activities | -$16M |
| NET CASH FROM FINANCING | -$43M |
| FREE CASH FLOW | -$29M |
| Net Change in Cash | -$56M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $0 |
| Net Receivables | $2.5B |
| Inventory | $2.0B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.9B |
| PP&E (Net) | $2.6B |
| Goodwill | $1.5B |
| Intangible Assets | $534M |
| Long-Term Investments | $57M |
| Tax Assets | $69M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $4.8B |
| TOTAL ASSETS | $10.7B |
| Account Payables | $662M |
| Short-Term Debt | $0 |
| Deferred Revenue | $470M |
| Other Current Liabilities | $707M |
| TOTAL CURRENT LIABILITIES | $2.2B |
| Long-Term Debt | $2.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $69M |
| Other Non-Current Liabilities | $256M |
| TOTAL NON-CURRENT LIABILITIES | $3.0B |
| TOTAL LIABILITIES | $5.1B |
| Common Stock | $4M |
| Additional Paid-In Capital | $8.5B |
| Retained Earnings | -$1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.5B |
| Minority Interest | $68M |
| TOTAL EQUITY | $5.6B |
| TOTAL LIABILITIES & EQUITY | $10.7B |
| Total Debt | $2.8B |
| Net Debt | $1.6B |
