| Metric | FY 2019 | Prior Q | FY 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7.9B | — | $6.1B | — | 28.6% |
| Op. Income | -$85M | — | -$50M | — | -69.8% |
| Gross Margin | 25.5% | — | 25.7% | — | -0.3pp |
| Net Margin | -2.7% | — | -1.5% | — | -1.3pp |
| EPS (Diluted) | $-1.20 | — | $-0.60 | — | -102.0% |
| Free Cash Flow | $512M | — | $256M | — | 100.0% |
| Item | Amount |
|---|---|
| REVENUE | $7.9B |
| Cost of Revenue | $5.9B |
| GROSS PROFIT | $2.0B |
| R&D Expenses | $719M |
| Selling & Marketing | $966M |
| General & Administrative | $414M |
| SG&A Expenses | $1.4B |
| Other Expenses | $0 |
| Operating Expenses | $2.1B |
| Cost & Expenses | $8.0B |
| OPERATING INCOME | -$85M |
| Interest Income | $36M |
| Interest Expense | $50M |
| Other Income/Expenses | -$68M |
| INCOME BEFORE TAX | -$153M |
| Income Tax Expense | $64M |
| Net Income from Continuing Ops | -$217M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$217M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$217M |
| D&A | $102M |
| EBIT | -$103M |
| EBITDA | -$1M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$217M |
| Depreciation & Amortization | $102M |
| Stock-Based Compensation | $143M |
| Deferred Income Tax | $64M |
| Other Non-Cash Items | $51M |
| Change in Working Capital | $527M |
| OPERATING CASH FLOW | $670M |
| Capital Expenditure | -$158M |
| Acquisitions (Net) | -$387M |
| Purchases of Investments | -$1.1B |
| Sales/Maturities of Investments | $1.4B |
| Other Investing Activities | -$16M |
| NET CASH FROM INVESTING | -$255M |
| Net Debt Issuance | -$20M |
| Common Stock Repurchased | -$512M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $295M |
| NET CASH FROM FINANCING | -$237M |
| FREE CASH FLOW | $512M |
| Net Change in Cash | $203M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $800M |
| Net Receivables | $469M |
| Inventory | $0 |
| Other Current Assets | $79M |
| TOTAL CURRENT ASSETS | $2.6B |
| PP&E (Net) | $902M |
| Goodwill | $553M |
| Intangible Assets | $67M |
| Long-Term Investments | $1.7B |
| Tax Assets | $10M |
| Other Non-Current Assets | $80M |
| TOTAL NON-CURRENT ASSETS | $3.3B |
| TOTAL ASSETS | $5.9B |
| Account Payables | $436M |
| Short-Term Debt | $0 |
| Deferred Revenue | $369M |
| Other Current Liabilities | $1.9B |
| TOTAL CURRENT LIABILITIES | $2.8B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $25M |
| TOTAL NON-CURRENT LIABILITIES | $747M |
| TOTAL LIABILITIES | $3.6B |
| Common Stock | $0 |
| Additional Paid-In Capital | $4.8B |
| Retained Earnings | -$3.1B |
| Treasury Stock | -$428M |
| Accum. Other Comp. Income | $1.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $5.9B |
| Total Debt | $719M |
| Net Debt | -$512M |
