| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.8B | $1.5B | -19.2% | -3.2% |
| Op. Income | -$257M | -$80M | $105M | -223.1% | -344.4% |
| Gross Margin | 4.5% | 15.1% | 23.5% | -10.6pp | -19.1pp |
| Net Margin | -15.6% | -4.2% | 3.9% | -11.4pp | -19.6pp |
| EPS (Diluted) | $-0.42 | $-0.14 | $0.10 | -200.0% | -511.0% |
| Free Cash Flow | $1.3B | -$552M | $890M | 332.7% | 44.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $67M |
| R&D Expenses | $0 |
| Selling & Marketing | $140M |
| General & Administrative | $0 |
| SG&A Expenses | $140M |
| Other Expenses | $186M |
| Operating Expenses | $326M |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | -$257M |
| Interest Income | $12M |
| Interest Expense | $16M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | -$271M |
| Income Tax Expense | -$38M |
| Net Income from Continuing Ops | -$233M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$233M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$233M |
| D&A | $183M |
| EBIT | -$255M |
| EBITDA | -$72M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$233M |
| Depreciation & Amortization | $183M |
| Stock-Based Compensation | $233.8K |
| Deferred Income Tax | -$38M |
| Other Non-Cash Items | -$70M |
| Change in Working Capital | $1.8B |
| OPERATING CASH FLOW | $1.7B |
| Capital Expenditure | -$418M |
| Acquisitions (Net) | -$89M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | -$146M |
| Other Investing Activities | -$419M |
| NET CASH FROM INVESTING | -$654M |
| Net Debt Issuance | -$218M |
| Common Stock Repurchased | $34M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $117M |
| NET CASH FROM FINANCING | -$67M |
| FREE CASH FLOW | $1.3B |
| Net Change in Cash | $981M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.0B |
| Short-Term Investments | $1.7B |
| Net Receivables | $71M |
| Inventory | $3M |
| Other Current Assets | $403M |
| TOTAL CURRENT ASSETS | $4.4B |
| PP&E (Net) | $10.6B |
| Goodwill | $0 |
| Intangible Assets | $171M |
| Long-Term Investments | $0 |
| Tax Assets | $51M |
| Other Non-Current Assets | $266M |
| TOTAL NON-CURRENT ASSETS | $11.0B |
| TOTAL ASSETS | $15.5B |
| Account Payables | $671M |
| Short-Term Debt | $362M |
| Deferred Revenue | $2.3B |
| Other Current Liabilities | $3.4B |
| TOTAL CURRENT LIABILITIES | $4.8B |
| Long-Term Debt | $3.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $706M |
| TOTAL NON-CURRENT LIABILITIES | $4.6B |
| TOTAL LIABILITIES | $9.4B |
| Common Stock | $8M |
| Additional Paid-In Capital | $841M |
| Retained Earnings | $4.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $355M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.1B |
| TOTAL LIABILITIES & EQUITY | $15.5B |
| Total Debt | $4.3B |
| Net Debt | $2.3B |
