| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $492M | $502M | $608M | -2.0% | -19.0% |
| Op. Income | $226M | -$116M | $169M | 295.2% | 33.7% |
| Gross Margin | 76.8% | 2.9% | 53.1% | 73.9pp | 23.7pp |
| Net Margin | 34.8% | -17.0% | 21.1% | 51.7pp | 13.6pp |
| EPS (Diluted) | $0.45 | $-0.23 | $0.30 | 295.7% | 50.0% |
| Free Cash Flow | -$147M | -$207M | -$14M | 28.8% | -923.9% |
| Item | Amount |
|---|---|
| REVENUE | $492M |
| Cost of Revenue | $114M |
| GROSS PROFIT | $378M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $64M |
| SG&A Expenses | $64M |
| Other Expenses | $87M |
| Operating Expenses | $152M |
| Cost & Expenses | $266M |
| OPERATING INCOME | $226M |
| Interest Income | $482M |
| Interest Expense | $118M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $226M |
| Income Tax Expense | $55M |
| Net Income from Continuing Ops | $171M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $171M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $169M |
| D&A | $4M |
| EBIT | $226M |
| EBITDA | $230M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $492M |
| Cost of Revenue | $114M |
| GROSS PROFIT | $378M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $64M |
| SG&A Expenses | $64M |
| Other Expenses | $87M |
| Operating Expenses | $152M |
| Cost & Expenses | $266M |
| OPERATING INCOME | $226M |
| Interest Income | $482M |
| Interest Expense | $118M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $226M |
| Income Tax Expense | $55M |
| Net Income from Continuing Ops | $171M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $171M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $169M |
| D&A | $4M |
| EBIT | $226M |
| EBITDA | $230M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $171M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $55M |
| Other Non-Cash Items | $22M |
| Change in Working Capital | -$408M |
| OPERATING CASH FLOW | -$147M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$341M |
| Sales/Maturities of Investments | $272M |
| Other Investing Activities | -$394M |
| NET CASH FROM INVESTING | -$464M |
| Net Debt Issuance | $496M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$11M |
| Other Financing Activities | -$463M |
| NET CASH FROM FINANCING | $20M |
| FREE CASH FLOW | -$147M |
| Net Change in Cash | -$591M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.4B |
| Short-Term Investments | $2.1B |
| Net Receivables | $2.0B |
| Inventory | $0 |
| Other Current Assets | $19.8B |
| TOTAL CURRENT ASSETS | $28.2B |
| PP&E (Net) | $149M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $2.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $60M |
| TOTAL NON-CURRENT ASSETS | $2.4B |
| TOTAL ASSETS | $30.6B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $23.1B |
| TOTAL CURRENT LIABILITIES | $23.1B |
| Long-Term Debt | $4.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $384M |
| TOTAL NON-CURRENT LIABILITIES | $5.3B |
| TOTAL LIABILITIES | $28.4B |
| Common Stock | $91M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $1.3B |
| Treasury Stock | -$798M |
| Accum. Other Comp. Income | -$39M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $30.6B |
| Total Debt | $4.9B |
| Net Debt | $597M |
