| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $784M | $546M | $285M | 43.6% | 175.1% |
| Op. Income | $415M | $203M | $60M | 103.9% | 587.9% |
| Gross Margin | 59.4% | 81.9% | 33.7% | -22.4pp | 25.7pp |
| Net Margin | 39.1% | 27.9% | 16.2% | 11.1pp | 22.9pp |
| EPS (Diluted) | $3.73 | $1.88 | $0.58 | 98.4% | 543.1% |
| Free Cash Flow | -$769M | -$467M | -$355M | -64.7% | -117.0% |
| Item | Amount |
|---|---|
| REVENUE | $784M |
| Cost of Revenue | $318M |
| GROSS PROFIT | $466M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $21M |
| SG&A Expenses | $21M |
| Other Expenses | $30M |
| Operating Expenses | $51M |
| Cost & Expenses | $369M |
| OPERATING INCOME | $415M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $415M |
| Income Tax Expense | $108M |
| Net Income from Continuing Ops | $306M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $306M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $306M |
| D&A | $8M |
| EBIT | $415M |
| EBITDA | $423M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $784M |
| Cost of Revenue | $318M |
| GROSS PROFIT | $466M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $21M |
| SG&A Expenses | $21M |
| Other Expenses | $30M |
| Operating Expenses | $51M |
| Cost & Expenses | $369M |
| OPERATING INCOME | $415M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $415M |
| Income Tax Expense | $108M |
| Net Income from Continuing Ops | $306M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $306M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $306M |
| D&A | $8M |
| EBIT | $415M |
| EBITDA | $423M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $306M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | -$1.2B |
| Change in Working Capital | $119M |
| OPERATING CASH FLOW | -$730M |
| Capital Expenditure | -$39M |
| Acquisitions (Net) | $15.5B |
| Purchases of Investments | -$16.8B |
| Sales/Maturities of Investments | $2.2B |
| Other Investing Activities | $179M |
| NET CASH FROM INVESTING | $1.1B |
| Net Debt Issuance | $19M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$10M |
| Other Financing Activities | $305M |
| NET CASH FROM FINANCING | $305M |
| FREE CASH FLOW | -$769M |
| Net Change in Cash | $690M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $105M |
| Short-Term Investments | $2M |
| Net Receivables | $6.6B |
| Inventory | $0 |
| Other Current Assets | $773M |
| TOTAL CURRENT ASSETS | $7.8B |
| PP&E (Net) | $101M |
| Goodwill | $0 |
| Intangible Assets | $2.3B |
| Long-Term Investments | $797.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $763M |
| TOTAL NON-CURRENT ASSETS | $3.1B |
| TOTAL ASSETS | $10.9B |
| Account Payables | $415M |
| Short-Term Debt | $4.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $5.5B |
| Long-Term Debt | $2.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $66M |
| TOTAL NON-CURRENT LIABILITIES | $3.0B |
| TOTAL LIABILITIES | $8.5B |
| Common Stock | $8.0K |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $1.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $10.9B |
| Total Debt | $7.4B |
| Net Debt | $7.3B |
