| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.2B | $2.2B | $1.8B | -0.4% | 22.3% |
| Op. Income | -$20M | -$90M | -$55M | 77.9% | 63.8% |
| Gross Margin | 25.5% | 25.6% | 24.7% | -0.0pp | 0.9pp |
| Net Margin | 0.1% | -11.3% | -9.4% | 11.3pp | 9.5pp |
| EPS (Diluted) | $-0.21 | $-1.17 | $-0.82 | 82.0% | 74.3% |
| Free Cash Flow | -$25M | $200M | $201M | -112.3% | -112.2% |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $552M |
| R&D Expenses | $189M |
| Selling & Marketing | $270M |
| General & Administrative | $112M |
| SG&A Expenses | $382M |
| Other Expenses | $0 |
| Operating Expenses | $572M |
| Cost & Expenses | $2.2B |
| OPERATING INCOME | -$20M |
| Interest Income | $8M |
| Interest Expense | $13M |
| Other Income/Expenses | $68M |
| INCOME BEFORE TAX | $48M |
| Income Tax Expense | $47M |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $44M |
| BOTTOM LINE NET INCOME | -$43M |
| D&A | $30M |
| EBIT | $61M |
| EBITDA | $91M |
| EPS | $0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $30M |
| Stock-Based Compensation | $43M |
| Deferred Income Tax | $47M |
| Other Non-Cash Items | -$78M |
| Change in Working Capital | -$54M |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | -$160M |
| Purchases of Investments | -$582M |
| Sales/Maturities of Investments | $558M |
| Other Investing Activities | -$16M |
| NET CASH FROM INVESTING | -$215M |
| Net Debt Issuance | $4M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $87M |
| NET CASH FROM FINANCING | $90M |
| FREE CASH FLOW | -$25M |
| Net Change in Cash | -$133M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $864M |
| Net Receivables | $432M |
| Inventory | $0 |
| Other Current Assets | $110M |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $922M |
| Goodwill | $739M |
| Intangible Assets | $103M |
| Long-Term Investments | $1.6B |
| Tax Assets | $7M |
| Other Non-Current Assets | $17M |
| TOTAL NON-CURRENT ASSETS | $3.4B |
| TOTAL ASSETS | $5.9B |
| Account Payables | $444M |
| Short-Term Debt | $0 |
| Deferred Revenue | $374M |
| 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 | $57M |
| TOTAL NON-CURRENT LIABILITIES | $795M |
| TOTAL LIABILITIES | $3.6B |
| Common Stock | $0 |
| Additional Paid-In Capital | $4.8B |
| Retained Earnings | -$3.2B |
| Treasury Stock | -$212M |
| Accum. Other Comp. Income | $969M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $5.9B |
| Total Debt | $736M |
| Net Debt | -$386M |
