| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.5B | $2.5B | $2.2B | -1.0% | 16.2% |
| Op. Income | $16M | -$81M | -$20M | 120.3% | 182.4% |
| Gross Margin | 25.5% | 26.5% | 25.5% | -1.0pp | -0.0pp |
| Net Margin | 1.1% | -5.8% | 0.1% | 6.8pp | 1.0pp |
| EPS (Diluted) | $-0.25 | $-0.63 | $-0.21 | 61.1% | -16.7% |
| Free Cash Flow | $48M | $84M | -$25M | -43.1% | 295.2% |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $641M |
| R&D Expenses | $229M |
| Selling & Marketing | $276M |
| General & Administrative | $119M |
| SG&A Expenses | $395M |
| Other Expenses | $0 |
| Operating Expenses | $624M |
| Cost & Expenses | $2.5B |
| OPERATING INCOME | $16M |
| Interest Income | $4M |
| Interest Expense | $37M |
| Other Income/Expenses | $85M |
| INCOME BEFORE TAX | $102M |
| Income Tax Expense | $75M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $83M |
| BOTTOM LINE NET INCOME | -$56M |
| D&A | $35M |
| EBIT | $113M |
| EBITDA | $148M |
| EPS | $0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $641M |
| R&D Expenses | $229M |
| Selling & Marketing | $276M |
| General & Administrative | $119M |
| SG&A Expenses | $395M |
| Other Expenses | $0 |
| Operating Expenses | $624M |
| Cost & Expenses | $2.5B |
| OPERATING INCOME | $16M |
| Interest Income | $4M |
| Interest Expense | $37M |
| Other Income/Expenses | $85M |
| INCOME BEFORE TAX | $102M |
| Income Tax Expense | $75M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $83M |
| BOTTOM LINE NET INCOME | -$56M |
| D&A | $35M |
| EBIT | $113M |
| EBITDA | $148M |
| EPS | $0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | $27M |
| Depreciation & Amortization | $35M |
| Stock-Based Compensation | $56M |
| Deferred Income Tax | $75M |
| Other Non-Cash Items | -$98M |
| Change in Working Capital | -$19M |
| OPERATING CASH FLOW | $76M |
| Capital Expenditure | -$28M |
| Acquisitions (Net) | -$69M |
| Purchases of Investments | -$134M |
| Sales/Maturities of Investments | $105M |
| Other Investing Activities | -$7M |
| NET CASH FROM INVESTING | -$133M |
| Net Debt Issuance | $1.4B |
| Common Stock Repurchased | -$19M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $60M |
| NET CASH FROM FINANCING | $1.5B |
| FREE CASH FLOW | $48M |
| Net Change in Cash | $1.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.9B |
| Short-Term Investments | $752M |
| Net Receivables | $520M |
| Inventory | $0 |
| Other Current Assets | $217M |
| TOTAL CURRENT ASSETS | $4.3B |
| PP&E (Net) | $921M |
| Goodwill | $952M |
| Intangible Assets | $114M |
| Long-Term Investments | $3.0B |
| Tax Assets | $16M |
| Other Non-Current Assets | $37M |
| TOTAL NON-CURRENT ASSETS | $5.0B |
| TOTAL ASSETS | $9.4B |
| Account Payables | $514M |
| Short-Term Debt | $0 |
| Deferred Revenue | $495M |
| Other Current Liabilities | $2.3B |
| TOTAL CURRENT LIABILITIES | $3.4B |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $48M |
| TOTAL NON-CURRENT LIABILITIES | $2.2B |
| TOTAL LIABILITIES | $5.6B |
| Common Stock | $0 |
| Additional Paid-In Capital | $5.4B |
| Retained Earnings | -$3.8B |
| Treasury Stock | -$200M |
| Accum. Other Comp. Income | $2.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.8B |
| TOTAL LIABILITIES & EQUITY | $9.4B |
| Total Debt | $2.1B |
| Net Debt | -$731M |
