| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $607M | $525M | $223M | 15.7% | 171.8% |
| Op. Income | $90M | -$58M | -$49M | 254.1% | 282.2% |
| Gross Margin | 47.6% | 46.9% | 44.9% | 0.7pp | 2.7pp |
| Net Margin | 14.7% | -10.6% | -21.2% | 25.3pp | 35.9pp |
| EPS (Diluted) | $0.31 | $-0.20 | $-0.20 | 255.0% | 255.0% |
| Free Cash Flow | $281M | -$45M | -$68M | 718.9% | 512.6% |
| Item | Amount |
|---|---|
| REVENUE | $607M |
| Cost of Revenue | $318M |
| GROSS PROFIT | $289M |
| R&D Expenses | $28M |
| Selling & Marketing | $84M |
| General & Administrative | $86M |
| SG&A Expenses | $170M |
| Other Expenses | -$700.0K |
| Operating Expenses | $199M |
| Cost & Expenses | $517M |
| OPERATING INCOME | $90M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $93M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $89M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $89M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $89M |
| D&A | $12M |
| EBIT | $90M |
| EBITDA | $102M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $607M |
| Cost of Revenue | $318M |
| GROSS PROFIT | $289M |
| R&D Expenses | $28M |
| Selling & Marketing | $84M |
| General & Administrative | $86M |
| SG&A Expenses | $170M |
| Other Expenses | -$700.0K |
| Operating Expenses | $199M |
| Cost & Expenses | $517M |
| OPERATING INCOME | $90M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $93M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $89M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $89M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $89M |
| D&A | $12M |
| EBIT | $90M |
| EBITDA | $102M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $89M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $35M |
| Change in Working Capital | $177M |
| OPERATING CASH FLOW | $327M |
| Capital Expenditure | -$46M |
| Acquisitions (Net) | $600.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $210M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $165M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $31M |
| FREE CASH FLOW | $281M |
| Net Change in Cash | $527M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $720M |
| Net Receivables | $35M |
| Inventory | $245M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $735M |
| Goodwill | $39M |
| Intangible Assets | $16M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $33M |
| TOTAL NON-CURRENT ASSETS | $823M |
| TOTAL ASSETS | $3.0B |
| Account Payables | $136M |
| Short-Term Debt | $0 |
| Deferred Revenue | $364M |
| Other Current Liabilities | $67M |
| TOTAL CURRENT LIABILITIES | $772M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $23M |
| TOTAL NON-CURRENT LIABILITIES | $532M |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $0 |
| Additional Paid-In Capital | $2.4B |
| Retained Earnings | -$694M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $3.0B |
| Total Debt | $545M |
| Net Debt | -$490M |
