| Metric | FY 2016 | Prior Q | FY 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.5B | — | $2.3B | — | 52.2% |
| Op. Income | -$409M | — | -$275M | — | -48.5% |
| Gross Margin | 13.6% | — | 11.6% | — | 1.9pp |
| Net Margin | -18.3% | — | -11.9% | — | -6.4pp |
| EPS (Diluted) | $-3.76 | — | $-1.60 | — | -134.3% |
| Free Cash Flow | $87M | — | -$102M | — | 185.1% |
| Item | Amount |
|---|---|
| REVENUE | $3.5B |
| Cost of Revenue | $3.0B |
| GROSS PROFIT | $470M |
| R&D Expenses | $242M |
| Selling & Marketing | $431M |
| General & Administrative | $205M |
| SG&A Expenses | $636M |
| Other Expenses | $0 |
| Operating Expenses | $878M |
| Cost & Expenses | $3.9B |
| OPERATING INCOME | -$409M |
| Interest Income | $6M |
| Interest Expense | $6M |
| Other Income/Expenses | -$218M |
| INCOME BEFORE TAX | -$626M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | -$631M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$631M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$631M |
| D&A | $44M |
| EBIT | -$621M |
| EBITDA | -$576M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$631M |
| Depreciation & Amortization | $44M |
| Stock-Based Compensation | $62M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $287M |
| Change in Working Capital | $351M |
| OPERATING CASH FLOW | $118M |
| Capital Expenditure | -$32M |
| Acquisitions (Net) | -$9M |
| Purchases of Investments | -$1.6B |
| Sales/Maturities of Investments | $713M |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$968M |
| Net Debt Issuance | $1.0B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $64M |
| NET CASH FROM FINANCING | $1.1B |
| FREE CASH FLOW | $87M |
| Net Change in Cash | $185M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $889M |
| Short-Term Investments | $977M |
| Net Receivables | $360M |
| Inventory | $0 |
| Other Current Assets | $21M |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $100M |
| Goodwill | $86M |
| Intangible Assets | $8M |
| Long-Term Investments | $25M |
| Tax Assets | $4M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $225M |
| TOTAL ASSETS | $2.5B |
| Account Payables | $164M |
| Short-Term Debt | $6M |
| Deferred Revenue | $175M |
| Other Current Liabilities | $1.1B |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $11M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $0 |
| Additional Paid-In Capital | $977M |
| Retained Earnings | -$1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $144M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$282M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$282M |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $1.3B |
| Net Debt | $420M |
