| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.8B | $1.7B | $1.3B | 1.1% | 32.7% |
| Op. Income | -$55M | $110M | -$48M | -150.0% | -14.6% |
| Gross Margin | 24.7% | 26.7% | 24.8% | -2.0pp | -0.2pp |
| Net Margin | -9.4% | 29.6% | -14.8% | -39.0pp | 5.4pp |
| EPS (Diluted) | $-0.82 | $0.35 | $-0.96 | -333.3% | 14.6% |
| Free Cash Flow | $201M | $99M | $89M | 102.4% | 126.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $436M |
| R&D Expenses | $181M |
| Selling & Marketing | $201M |
| General & Administrative | $109M |
| SG&A Expenses | $310M |
| Other Expenses | $0 |
| Operating Expenses | $491M |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | -$55M |
| Interest Income | $11M |
| Interest Expense | $11M |
| Other Income/Expenses | -$143M |
| INCOME BEFORE TAX | -$198M |
| Income Tax Expense | -$32M |
| Net Income from Continuing Ops | -$166M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$166M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$166M |
| D&A | $25M |
| EBIT | -$187M |
| EBITDA | -$163M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$166M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $30M |
| Deferred Income Tax | -$32M |
| Other Non-Cash Items | $150M |
| Change in Working Capital | $237M |
| OPERATING CASH FLOW | $244M |
| Capital Expenditure | -$43M |
| Acquisitions (Net) | -$337M |
| Purchases of Investments | -$122M |
| Sales/Maturities of Investments | $448M |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$57M |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | -$147M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $39M |
| NET CASH FROM FINANCING | -$115M |
| FREE CASH FLOW | $201M |
| Net Change in Cash | $88M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $771M |
| Net Receivables | $459M |
| Inventory | $0 |
| Other Current Assets | $61M |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $777M |
| Goodwill | $495M |
| Intangible Assets | $63M |
| Long-Term Investments | $2.8B |
| Tax Assets | $12M |
| Other Non-Current Assets | $15M |
| TOTAL NON-CURRENT ASSETS | $4.1B |
| TOTAL ASSETS | $6.5B |
| Account Payables | $298M |
| Short-Term Debt | $36M |
| Deferred Revenue | $319M |
| Other Current Liabilities | $2.2B |
| TOTAL CURRENT LIABILITIES | $2.9B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $71M |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $729M |
| TOTAL LIABILITIES | $3.7B |
| Common Stock | $0 |
| Additional Paid-In Capital | $4.5B |
| Retained Earnings | -$3.1B |
| Treasury Stock | -$231M |
| Accum. Other Comp. Income | $1.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $6.5B |
| Total Debt | $685M |
| Net Debt | -$444M |
