| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $772M | $871M | $743M | -11.3% | 3.9% |
| Op. Income | $16M | $28M | $13M | -44.1% | 20.9% |
| Gross Margin | 17.3% | 15.9% | 15.1% | 1.4pp | 2.2pp |
| Net Margin | 2.0% | 2.7% | 1.4% | -0.7pp | 0.6pp |
| EPS (Diluted) | $0.03 | $0.05 | $0.02 | -37.0% | 38.1% |
| Free Cash Flow | -$32M | $71M | $93M | -145.5% | -134.6% |
| Item | Amount |
|---|---|
| REVENUE | $772M |
| Cost of Revenue | $639M |
| GROSS PROFIT | $133M |
| R&D Expenses | $50M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $68M |
| Other Expenses | $0 |
| Operating Expenses | $118M |
| Cost & Expenses | $757M |
| OPERATING INCOME | $16M |
| Interest Income | $0 |
| Interest Expense | $518.0K |
| Other Income/Expenses | -$638.0K |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | -$899.0K |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $7M |
| EBIT | $16M |
| EBITDA | $24M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $772M |
| Cost of Revenue | $639M |
| GROSS PROFIT | $133M |
| R&D Expenses | $50M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $68M |
| Other Expenses | $0 |
| Operating Expenses | $118M |
| Cost & Expenses | $757M |
| OPERATING INCOME | $16M |
| Interest Income | $0 |
| Interest Expense | $518.0K |
| Other Income/Expenses | -$638.0K |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | -$899.0K |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $7M |
| EBIT | $16M |
| EBITDA | $24M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $16M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$52M |
| OPERATING CASH FLOW | -$21M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | $10M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $17M |
| NET CASH FROM FINANCING | $27M |
| FREE CASH FLOW | -$32M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $301M |
| Short-Term Investments | $0 |
| Net Receivables | $423M |
| Inventory | $866M |
| Other Current Assets | $33M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $256M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $2M |
| Tax Assets | $46M |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $312M |
| TOTAL ASSETS | $2.0B |
| Account Payables | $463M |
| Short-Term Debt | $33M |
| Deferred Revenue | $175M |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $785M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $96M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $22M |
| TOTAL NON-CURRENT LIABILITIES | $137M |
| TOTAL LIABILITIES | $922M |
| Common Stock | $381M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $678M |
| Treasury Stock | -$20M |
| Accum. Other Comp. Income | -$166.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $166.0K |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $59M |
| Net Debt | -$242M |
