| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.2B | $1.6B | 15.8% | -8.8% |
| Op. Income | -$684M | -$96M | $103M | -613.8% | -761.3% |
| Gross Margin | 9.1% | 0.4% | 13.9% | 8.6pp | -4.8pp |
| Net Margin | -51.3% | -9.7% | 2.8% | -41.6pp | -54.1pp |
| EPS (Diluted) | $-4.67 | $-0.76 | $0.27 | -514.5% | -1829.6% |
| Free Cash Flow | $193M | $33M | $100M | 490.5% | 93.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $130M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $102M |
| Other Expenses | $712M |
| Operating Expenses | $814M |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | -$684M |
| Interest Income | $100.0K |
| Interest Expense | $75M |
| Other Income/Expenses | -$70M |
| INCOME BEFORE TAX | -$753M |
| Income Tax Expense | -$17M |
| Net Income from Continuing Ops | -$737M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$737M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$737M |
| D&A | $142M |
| EBIT | $28M |
| EBITDA | $170M |
| EPS | -$5 |
| EPS Diluted | -$5 |
| Item | Amount |
|---|---|
| Net Income | -$737M |
| Depreciation & Amortization | $142M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$10M |
| Other Non-Cash Items | $701M |
| Change in Working Capital | $150M |
| OPERATING CASH FLOW | $250M |
| Capital Expenditure | -$57M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$57M |
| Net Debt Issuance | -$117M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$32M |
| Other Financing Activities | -$300.0K |
| NET CASH FROM FINANCING | -$149M |
| FREE CASH FLOW | $193M |
| Net Change in Cash | $45M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $283M |
| Short-Term Investments | $0 |
| Net Receivables | $737M |
| Inventory | $608M |
| Other Current Assets | $45M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $3.6B |
| Goodwill | $1.4B |
| Intangible Assets | $1.5B |
| Long-Term Investments | $7M |
| Tax Assets | $36M |
| Other Non-Current Assets | $41M |
| TOTAL NON-CURRENT ASSETS | $6.6B |
| TOTAL ASSETS | $8.3B |
| Account Payables | $615M |
| Short-Term Debt | $77M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $336M |
| TOTAL CURRENT LIABILITIES | $1.0B |
| Long-Term Debt | $4.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $411M |
| Other Non-Current Liabilities | $1.1B |
| TOTAL NON-CURRENT LIABILITIES | $5.8B |
| TOTAL LIABILITIES | $6.8B |
| Common Stock | $158M |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | -$91M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$728M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $8.3B |
| Total Debt | $4.3B |
| Net Debt | $4.1B |
