| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11.2B | — | $6.6B | — | 71.6% |
| Op. Income | $171M | — | $149M | — | 14.4% |
| Gross Margin | 0.9% | — | 1.4% | — | -0.5pp |
| Net Margin | 0.1% | — | 0.3% | — | -0.1pp |
| EPS (Diluted) | $0.37 | — | $0.42 | — | -11.9% |
| Free Cash Flow | $666M | — | -$218M | — | 406.1% |
| Item | Amount |
|---|---|
| REVENUE | $11.2B |
| Cost of Revenue | $11.1B |
| GROSS PROFIT | $100M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $14M |
| SG&A Expenses | $15M |
| Other Expenses | -$85M |
| Operating Expenses | -$70M |
| Cost & Expenses | $11.1B |
| OPERATING INCOME | $171M |
| Interest Income | $0 |
| Interest Expense | $34M |
| Other Income/Expenses | -$149M |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $5M |
| 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 | $5M |
| EBIT | $56M |
| EBITDA | $61M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $11.2B |
| Cost of Revenue | $11.1B |
| GROSS PROFIT | $100M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $14M |
| SG&A Expenses | $15M |
| Other Expenses | -$85M |
| Operating Expenses | -$70M |
| Cost & Expenses | $11.1B |
| OPERATING INCOME | $171M |
| Interest Income | $0 |
| Interest Expense | $34M |
| Other Income/Expenses | -$149M |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $5M |
| 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 | $5M |
| EBIT | $56M |
| EBITDA | $61M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $16M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$600.0K |
| Other Non-Cash Items | $400.0K |
| Change in Working Capital | $644M |
| OPERATING CASH FLOW | $668M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$5M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | -$45M |
| Common Stock Repurchased | -$400.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$44M |
| FREE CASH FLOW | $666M |
| Net Change in Cash | $618M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $339M |
| Short-Term Investments | $0 |
| Net Receivables | $2.7B |
| Inventory | $250M |
| Other Current Assets | $4.4B |
| TOTAL CURRENT ASSETS | $7.7B |
| PP&E (Net) | $76M |
| Goodwill | $56M |
| Intangible Assets | $16M |
| Long-Term Investments | $2.2B |
| Tax Assets | $19M |
| Other Non-Current Assets | $66M |
| TOTAL NON-CURRENT ASSETS | $2.4B |
| TOTAL ASSETS | $10.1B |
| Account Payables | $3.8B |
| Short-Term Debt | $139M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4.3B |
| Long-Term Debt | $4.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $666M |
| TOTAL NON-CURRENT LIABILITIES | $5.3B |
| TOTAL LIABILITIES | $9.5B |
| Common Stock | $200.0K |
| Additional Paid-In Capital | $281M |
| Retained Earnings | $419M |
| Treasury Stock | -$51M |
| Accum. Other Comp. Income | -$35M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $615M |
| Minority Interest | $0 |
| TOTAL EQUITY | $615M |
| TOTAL LIABILITIES & EQUITY | $10.1B |
| Total Debt | $4.7B |
| Net Debt | $4.4B |
