| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $896M | $422M | $411M | 112.3% | 118.0% |
| Op. Income | -$51M | $87M | $90M | -158.3% | -156.4% |
| Gross Margin | 32.6% | 45.6% | 45.6% | -13.0pp | -12.9pp |
| Net Margin | -7.1% | 12.2% | 12.4% | -19.3pp | -19.5pp |
| EPS (Diluted) | $-0.27 | $0.24 | $0.24 | -212.5% | -212.5% |
| Free Cash Flow | $22M | $59M | $122M | -62.7% | -81.9% |
| Item | Amount |
|---|---|
| REVENUE | $896M |
| Cost of Revenue | $604M |
| GROSS PROFIT | $292M |
| R&D Expenses | $90M |
| Selling & Marketing | $54M |
| General & Administrative | $108M |
| SG&A Expenses | $162M |
| Other Expenses | $91M |
| Operating Expenses | $343M |
| Cost & Expenses | $947M |
| OPERATING INCOME | -$51M |
| Interest Income | $0 |
| Interest Expense | $70M |
| Other Income/Expenses | -$113M |
| INCOME BEFORE TAX | -$164M |
| Income Tax Expense | -$100M |
| Net Income from Continuing Ops | -$64M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$64M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$64M |
| D&A | $135M |
| EBIT | -$93M |
| EBITDA | $42M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$64M |
| Depreciation & Amortization | $135M |
| Stock-Based Compensation | $45M |
| Deferred Income Tax | -$77M |
| Other Non-Cash Items | $48M |
| Change in Working Capital | -$38M |
| OPERATING CASH FLOW | $50M |
| Capital Expenditure | -$28M |
| Acquisitions (Net) | -$4.6B |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $12M |
| Other Investing Activities | $12M |
| NET CASH FROM INVESTING | -$4.6B |
| Net Debt Issuance | $4.3B |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | -$17M |
| Other Financing Activities | $1.7B |
| NET CASH FROM FINANCING | $6.0B |
| FREE CASH FLOW | $22M |
| Net Change in Cash | $1.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $785M |
| Short-Term Investments | $0 |
| Net Receivables | $1.4B |
| Inventory | $0 |
| Other Current Assets | $113M |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $582M |
| Goodwill | $6.5B |
| Intangible Assets | $3.7B |
| Long-Term Investments | $484M |
| Tax Assets | $2M |
| Other Non-Current Assets | $31M |
| TOTAL NON-CURRENT ASSETS | $11.3B |
| TOTAL ASSETS | $13.7B |
| Account Payables | $39M |
| Short-Term Debt | $73M |
| Deferred Revenue | $234M |
| Other Current Liabilities | $1.0B |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $6.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $856M |
| Other Non-Current Liabilities | $238M |
| TOTAL NON-CURRENT LIABILITIES | $7.9B |
| TOTAL LIABILITIES | $9.5B |
| Common Stock | $2M |
| Additional Paid-In Capital | $3.6B |
| Retained Earnings | $771M |
| Treasury Stock | -$18M |
| Accum. Other Comp. Income | -$113M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.2B |
| TOTAL LIABILITIES & EQUITY | $13.7B |
| Total Debt | $6.9B |
| Net Debt | $6.1B |
