| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $293M | $359M | $440M | -18.2% | -33.4% |
| Op. Income | -$93M | $8M | $55M | -1204.6% | -269.8% |
| Gross Margin | 21.3% | 26.1% | 31.6% | -4.7pp | -10.3pp |
| Net Margin | -23.6% | 1.7% | 11.4% | -25.3pp | -34.9pp |
| EPS (Diluted) | $-0.32 | $0.03 | $0.23 | -1166.7% | -239.1% |
| Free Cash Flow | -$727.0K | -$54M | $43M | 98.6% | -101.7% |
| Item | Amount |
|---|---|
| REVENUE | $293M |
| Cost of Revenue | $231M |
| GROSS PROFIT | $63M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $43M |
| Other Expenses | $113M |
| Operating Expenses | $155M |
| Cost & Expenses | $386M |
| OPERATING INCOME | -$93M |
| Interest Income | $182.0K |
| Interest Expense | $8.0K |
| Other Income/Expenses | -$763.0K |
| INCOME BEFORE TAX | -$93M |
| Income Tax Expense | -$24M |
| Net Income from Continuing Ops | -$69M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$69M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$69M |
| D&A | $45M |
| EBIT | -$25M |
| EBITDA | $20M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$69M |
| Depreciation & Amortization | $46M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | $73M |
| Change in Working Capital | $33M |
| OPERATING CASH FLOW | $76M |
| Capital Expenditure | -$77M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$74M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$10.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$10.0K |
| FREE CASH FLOW | -$727.0K |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $50M |
| Short-Term Investments | $0 |
| Net Receivables | $309M |
| Inventory | $107M |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $481M |
| PP&E (Net) | $564M |
| Goodwill | $32M |
| Intangible Assets | $0 |
| Long-Term Investments | -$39M |
| Tax Assets | $39M |
| Other Non-Current Assets | $32M |
| TOTAL NON-CURRENT ASSETS | $629M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $83M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $136M |
| Long-Term Debt | $30M |
| Deferred Revenue NC | $47M |
| Deferred Tax Liabilities | $39M |
| Other Non-Current Liabilities | $19M |
| TOTAL NON-CURRENT LIABILITIES | $118M |
| TOTAL LIABILITIES | $255M |
| Common Stock | $21M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $854M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$20M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $855M |
| Minority Interest | $0 |
| TOTAL EQUITY | $855M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $41M |
| Net Debt | -$8M |
