| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $279M | $242M | $230M | 15.6% | 21.6% |
| Op. Income | -$7M | -$19M | -$13M | 63.3% | 44.0% |
| Gross Margin | 5.3% | 1.7% | 1.6% | 3.6pp | 3.7pp |
| Net Margin | -8.0% | -14.3% | -8.4% | 6.3pp | 0.3pp |
| EPS (Diluted) | $-1.53 | $-2.35 | $-1.31 | 35.1% | -16.8% |
| Free Cash Flow | $2M | $68M | $25M | -96.8% | -91.4% |
| Item | Amount |
|---|---|
| REVENUE | $279M |
| Cost of Revenue | $265M |
| GROSS PROFIT | $15M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $22M |
| SG&A Expenses | $22M |
| Other Expenses | $0 |
| Operating Expenses | $22M |
| Cost & Expenses | $287M |
| OPERATING INCOME | -$7M |
| Interest Income | $172.5K |
| Interest Expense | $22M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | -$29M |
| Income Tax Expense | -$7M |
| Net Income from Continuing Ops | -$22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$22M |
| D&A | $66M |
| EBIT | -$7M |
| EBITDA | $60M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$22M |
| Depreciation & Amortization | $66M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$24M |
| OPERATING CASH FLOW | $23M |
| Capital Expenditure | -$21M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $10M |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $201.0K |
| NET CASH FROM FINANCING | $201.0K |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $80M |
| Short-Term Investments | $0 |
| Net Receivables | $250M |
| Inventory | $23M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $354M |
| PP&E (Net) | $2.2B |
| Goodwill | $150M |
| Intangible Assets | $26M |
| Long-Term Investments | $0 |
| Tax Assets | $24M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $2.4B |
| TOTAL ASSETS | $2.8B |
| Account Payables | $188M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $191M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | -$1.1B |
| Deferred Tax Liabilities | $56M |
| Other Non-Current Liabilities | $70M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $1.7B |
| Additional Paid-In Capital | $37M |
| Retained Earnings | -$570M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $101M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $1.2B |
| Net Debt | $1.2B |
