| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.9B | $6.5B | $4.6B | -25.7% | 5.3% |
| Op. Income | $287M | $900M | $235M | -68.1% | 21.9% |
| Gross Margin | 45.5% | 48.1% | 45.3% | -2.7pp | 0.2pp |
| Net Margin | 4.0% | 12.0% | 3.2% | -8.1pp | 0.8pp |
| EPS (Diluted) | $0.20 | $0.80 | $0.14 | -75.0% | 41.7% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $4.9B |
| Cost of Revenue | $2.6B |
| GROSS PROFIT | $2.2B |
| R&D Expenses | $514M |
| Selling & Marketing | $1.3B |
| General & Administrative | $178M |
| SG&A Expenses | $1.4B |
| Other Expenses | -$37M |
| Operating Expenses | $1.9B |
| Cost & Expenses | $4.6B |
| OPERATING INCOME | $287M |
| Interest Income | $55M |
| Interest Expense | $67M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $278M |
| Income Tax Expense | $77M |
| Net Income from Continuing Ops | $200M |
| Net Income from Discontinued Ops | -$11M |
| Other Adjustments | $1M |
| NET INCOME | $192M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $192M |
| D&A | $198M |
| EBIT | $344M |
| EBITDA | $485M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4.9B |
| Cost of Revenue | $2.6B |
| GROSS PROFIT | $2.2B |
| R&D Expenses | $514M |
| Selling & Marketing | $1.3B |
| General & Administrative | $178M |
| SG&A Expenses | $1.4B |
| Other Expenses | -$37M |
| Operating Expenses | $1.9B |
| Cost & Expenses | $4.6B |
| OPERATING INCOME | $287M |
| Interest Income | $55M |
| Interest Expense | $67M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $278M |
| Income Tax Expense | $77M |
| Net Income from Continuing Ops | $200M |
| Net Income from Discontinued Ops | -$11M |
| Other Adjustments | $1M |
| NET INCOME | $192M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $192M |
| D&A | $198M |
| EBIT | $344M |
| EBITDA | $485M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $192M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$192M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | -$2.5B |
| Short-Term Investments | $5.0B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | -$2.5B |
| TOTAL NON-CURRENT ASSETS | -$2.5B |
| TOTAL ASSETS | $0 |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $0 |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $14.2B |
| Other Equity | $34M |
| TOTAL STOCKHOLDERS' EQUITY | $14.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $14.2B |
| TOTAL LIABILITIES & EQUITY | $14.2B |
| Total Debt | $0 |
| Net Debt | $2.5B |
