| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.3B | $2.2B | $2.0B | 4.6% | 14.1% |
| Op. Income | -$47M | -$195M | $63M | 76.0% | -174.1% |
| Gross Margin | 24.8% | 25.4% | 25.5% | -0.6pp | -0.7pp |
| Net Margin | -5.1% | -18.8% | 13.9% | 13.7pp | -19.0pp |
| EPS (Diluted) | $-0.57 | $-1.99 | $0.39 | 71.2% | -248.5% |
| Free Cash Flow | $123M | $29M | $53M | 320.0% | 133.3% |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $572M |
| R&D Expenses | $206M |
| Selling & Marketing | $299M |
| General & Administrative | $113M |
| SG&A Expenses | $413M |
| Other Expenses | $0 |
| Operating Expenses | $618M |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | -$47M |
| Interest Income | $4M |
| Interest Expense | $12M |
| Other Income/Expenses | -$89M |
| INCOME BEFORE TAX | -$136M |
| Income Tax Expense | -$18M |
| Net Income from Continuing Ops | -$118M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$118M |
| Net Income Deductions | $11M |
| BOTTOM LINE NET INCOME | -$129M |
| D&A | $33M |
| EBIT | -$124M |
| EBITDA | -$91M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$118M |
| Depreciation & Amortization | $33M |
| Stock-Based Compensation | $54M |
| Deferred Income Tax | -$18M |
| Other Non-Cash Items | $68M |
| Change in Working Capital | $124M |
| OPERATING CASH FLOW | $143M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$357M |
| Sales/Maturities of Investments | $230M |
| Other Investing Activities | -$11M |
| NET CASH FROM INVESTING | -$157M |
| Net Debt Issuance | -$7M |
| Common Stock Repurchased | $9M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $97M |
| NET CASH FROM FINANCING | $99M |
| FREE CASH FLOW | $123M |
| Net Change in Cash | $40M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $615M |
| Net Receivables | $686M |
| Inventory | $0 |
| Other Current Assets | $166M |
| TOTAL CURRENT ASSETS | $2.8B |
| PP&E (Net) | $885M |
| Goodwill | $695M |
| Intangible Assets | $96M |
| Long-Term Investments | $2.2B |
| Tax Assets | $15M |
| Other Non-Current Assets | $15M |
| TOTAL NON-CURRENT ASSETS | $3.9B |
| TOTAL ASSETS | $6.7B |
| Account Payables | $495M |
| Short-Term Debt | $0 |
| Deferred Revenue | $424M |
| Other Current Liabilities | $2.1B |
| TOTAL CURRENT LIABILITIES | $3.1B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $48M |
| TOTAL NON-CURRENT LIABILITIES | $740M |
| TOTAL LIABILITIES | $3.8B |
| Common Stock | $0 |
| Additional Paid-In Capital | $5.3B |
| Retained Earnings | -$3.7B |
| Treasury Stock | -$204M |
| Accum. Other Comp. Income | $1.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $6.7B |
| Total Debt | $691M |
| Net Debt | -$689M |
