| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.2B | $2.0B | $1.7B | 7.2% | 24.1% |
| Op. Income | -$90M | $63M | $110M | -242.6% | -181.9% |
| Gross Margin | 25.6% | 25.5% | 26.7% | 0.1pp | -1.1pp |
| Net Margin | -11.3% | 13.9% | 29.6% | -25.2pp | -40.8pp |
| EPS (Diluted) | $-1.17 | $0.39 | $0.35 | -403.0% | -433.3% |
| Free Cash Flow | $200M | $53M | $99M | 280.0% | 101.2% |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $554M |
| R&D Expenses | $202M |
| Selling & Marketing | $323M |
| General & Administrative | $119M |
| SG&A Expenses | $442M |
| Other Expenses | $0 |
| Operating Expenses | $644M |
| Cost & Expenses | $2.3B |
| OPERATING INCOME | -$90M |
| Interest Income | $8M |
| Interest Expense | $11M |
| Other Income/Expenses | -$112M |
| INCOME BEFORE TAX | -$202M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | -$244M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$244M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$244M |
| D&A | $28M |
| EBIT | -$421M |
| EBITDA | -$393M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$244M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $33M |
| Deferred Income Tax | $42M |
| Other Non-Cash Items | $117M |
| Change in Working Capital | $262M |
| OPERATING CASH FLOW | $237M |
| Capital Expenditure | -$37M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$270M |
| Sales/Maturities of Investments | $193M |
| Other Investing Activities | -$8M |
| NET CASH FROM INVESTING | -$123M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | -$35M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $167M |
| NET CASH FROM FINANCING | $127M |
| FREE CASH FLOW | $200M |
| Net Change in Cash | $220M |
| 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 |
