| Metric | FY 2019 | Prior Q | FY 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | — | $1.2B | — | 45.3% |
| Op. Income | -$1.1B | — | -$1.3B | — | 13.0% |
| Gross Margin | 47.8% | — | 32.3% | — | 15.5pp |
| Net Margin | -60.3% | — | -106.4% | — | 46.1pp |
| EPS (Diluted) | $-0.75 | — | $-0.97 | — | 22.7% |
| Free Cash Flow | -$341M | — | -$810M | — | 57.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $896M |
| GROSS PROFIT | $820M |
| R&D Expenses | $884M |
| Selling & Marketing | $459M |
| General & Administrative | $581M |
| SG&A Expenses | $1.0B |
| Other Expenses | $0 |
| Operating Expenses | $1.9B |
| Cost & Expenses | $2.8B |
| OPERATING INCOME | -$1.1B |
| Interest Income | $36M |
| Interest Expense | $25M |
| Other Income/Expenses | $70M |
| INCOME BEFORE TAX | -$1.0B |
| Income Tax Expense | $393.0K |
| Net Income from Continuing Ops | -$1.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1.0B |
| D&A | $87M |
| EBIT | -$1.0B |
| EBITDA | -$921M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$1.0B |
| Depreciation & Amortization | $87M |
| Stock-Based Compensation | $686M |
| Deferred Income Tax | -$491.0K |
| Other Non-Cash Items | -$51M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | -$305M |
| Capital Expenditure | -$36M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | -$2.5B |
| Sales/Maturities of Investments | $1.8B |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$729M |
| Net Debt Issuance | $1.3B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$86M |
| NET CASH FROM FINANCING | $1.2B |
| FREE CASH FLOW | -$341M |
| Net Change in Cash | $132M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $520M |
| Short-Term Investments | $1.6B |
| Net Receivables | $492M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.6B |
| PP&E (Net) | $449M |
| Goodwill | $761M |
| Intangible Assets | $92M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $66M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $4.0B |
| Account Payables | $47M |
| Short-Term Debt | $0 |
| Deferred Revenue | $20M |
| Other Current Liabilities | $156M |
| TOTAL CURRENT LIABILITIES | $500M |
| Long-Term Debt | $892M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $57M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $14.0K |
| Additional Paid-In Capital | $9.2B |
| Retained Earnings | -$6.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $573.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $4.0B |
| Total Debt | $1.2B |
| Net Debt | $717M |
