| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.7B | $1.5B | $2.4B | 80.9% | 11.2% |
| Op. Income | $322M | -$257M | $433M | 225.3% | -25.7% |
| Gross Margin | 26.5% | 4.5% | 31.6% | 22.1pp | -5.1pp |
| Net Margin | 10.5% | -15.6% | 14.9% | 26.1pp | -4.4pp |
| EPS (Diluted) | $0.49 | $-0.42 | $0.61 | 216.7% | -19.2% |
| Free Cash Flow | $414M | $1.3B | $359M | -67.7% | 15.5% |
| Item | Amount |
|---|---|
| REVENUE | $2.7B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $717M |
| R&D Expenses | $0 |
| Selling & Marketing | $170M |
| General & Administrative | $0 |
| SG&A Expenses | $170M |
| Other Expenses | $225M |
| Operating Expenses | $395M |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | $322M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $307M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $284M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $284M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $284M |
| D&A | $225M |
| EBIT | $322M |
| EBITDA | $547M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.7B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $717M |
| R&D Expenses | $0 |
| Selling & Marketing | $170M |
| General & Administrative | $0 |
| SG&A Expenses | $170M |
| Other Expenses | $225M |
| Operating Expenses | $395M |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | $322M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $307M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $284M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $284M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $284M |
| D&A | $225M |
| EBIT | $322M |
| EBITDA | $547M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $284M |
| Depreciation & Amortization | $225M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $23M |
| Other Non-Cash Items | -$37M |
| Change in Working Capital | $368M |
| OPERATING CASH FLOW | $865M |
| Capital Expenditure | -$450M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$671M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $584.6K |
| NET CASH FROM INVESTING | -$1.1B |
| Net Debt Issuance | $769M |
| Common Stock Repurchased | -$114M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $658M |
| FREE CASH FLOW | $414M |
| Net Change in Cash | $407M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.4B |
| Short-Term Investments | $2.4B |
| Net Receivables | $79M |
| Inventory | $5M |
| Other Current Assets | $859M |
| TOTAL CURRENT ASSETS | $5.7B |
| PP&E (Net) | $10.9B |
| Goodwill | $0 |
| Intangible Assets | $171M |
| Long-Term Investments | $2M |
| Tax Assets | $66M |
| Other Non-Current Assets | $220M |
| TOTAL NON-CURRENT ASSETS | $11.4B |
| TOTAL ASSETS | $17.1B |
| Account Payables | $970M |
| Short-Term Debt | $350M |
| Deferred Revenue | $3.7B |
| Other Current Liabilities | $265M |
| TOTAL CURRENT LIABILITIES | $5.3B |
| Long-Term Debt | $4.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $714M |
| TOTAL NON-CURRENT LIABILITIES | $5.6B |
| TOTAL LIABILITIES | $10.9B |
| Common Stock | $8M |
| Additional Paid-In Capital | $844M |
| Retained Earnings | $5.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $268M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.2B |
| TOTAL LIABILITIES & EQUITY | $17.1B |
| Total Debt | $5.3B |
| Net Debt | $2.9B |
