| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.3B | $2.5B | — | -7.6% | — |
| Op. Income | $246M | $328M | — | -25.0% | — |
| Gross Margin | 43.4% | 44.9% | — | -1.5pp | — |
| Net Margin | -32.2% | 3.5% | — | -35.7pp | — |
| EPS (Diluted) | $-1.24 | $0.14 | — | -985.7% | — |
| Free Cash Flow | $172M | $45M | — | 282.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $983M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $737M |
| Operating Expenses | $737M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $246M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$1.3B |
| INCOME BEFORE TAX | -$1.0B |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | -$1.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$730M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$730M |
| D&A | $160M |
| EBIT | $86M |
| EBITDA | $246M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$730M |
| Depreciation & Amortization | $202M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$32M |
| Other Non-Cash Items | $796M |
| Change in Working Capital | $34M |
| OPERATING CASH FLOW | $270M |
| Capital Expenditure | -$98M |
| Acquisitions (Net) | -$7M |
| Purchases of Investments | $8M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$93M |
| Net Debt Issuance | $8M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$19M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$13M |
| FREE CASH FLOW | $172M |
| Net Change in Cash | $116M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $0 |
| Net Receivables | $1.2B |
| Inventory | $363M |
| Other Current Assets | $753M |
| TOTAL CURRENT ASSETS | $3.7B |
| PP&E (Net) | $3.4B |
| Goodwill | $3.8B |
| Intangible Assets | $1.8B |
| Long-Term Investments | $325M |
| Tax Assets | $306M |
| Other Non-Current Assets | $963M |
| TOTAL NON-CURRENT ASSETS | $10.7B |
| TOTAL ASSETS | $14.4B |
| Account Payables | $342M |
| Short-Term Debt | $0 |
| Deferred Revenue | $387M |
| Other Current Liabilities | $615M |
| TOTAL CURRENT LIABILITIES | $2.7B |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $238M |
| Other Non-Current Liabilities | $569M |
| TOTAL NON-CURRENT LIABILITIES | $3.2B |
| TOTAL LIABILITIES | $5.9B |
| Common Stock | $6M |
| Additional Paid-In Capital | $12.1B |
| Retained Earnings | -$2.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.8B |
| Minority Interest | $736M |
| TOTAL EQUITY | $8.6B |
| TOTAL LIABILITIES & EQUITY | $14.4B |
| Total Debt | $2.5B |
| Net Debt | $1.1B |
