| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.3B | $807M | -1.0% | 64.8% |
| Op. Income | $201M | $178M | $349M | 12.9% | -42.5% |
| Gross Margin | 24.4% | 21.6% | 51.0% | 2.8pp | -26.5pp |
| Net Margin | -52.4% | 10.5% | -2.7% | -62.9pp | -49.7pp |
| EPS (Diluted) | $-0.52 | $0.10 | $-0.02 | -594.2% | -2509.1% |
| Free Cash Flow | $360M | $317M | $100M | 13.8% | 259.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $325M |
| R&D Expenses | $0 |
| Selling & Marketing | $94M |
| General & Administrative | $56M |
| SG&A Expenses | $151M |
| Other Expenses | -$23M |
| Operating Expenses | $127M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $201M |
| Interest Income | $22M |
| Interest Expense | $213M |
| Other Income/Expenses | -$1.3B |
| INCOME BEFORE TAX | -$1.1B |
| Income Tax Expense | -$410M |
| Net Income from Continuing Ops | -$697M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$697M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$697M |
| D&A | $312M |
| EBIT | -$894M |
| EBITDA | -$582M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$697M |
| Depreciation & Amortization | $312M |
| Stock-Based Compensation | -$643.3K |
| Deferred Income Tax | -$442M |
| Other Non-Cash Items | $165M |
| Change in Working Capital | $271M |
| OPERATING CASH FLOW | $580M |
| Capital Expenditure | -$219M |
| Acquisitions (Net) | -$7M |
| Purchases of Investments | -$283M |
| Sales/Maturities of Investments | -$283M |
| Other Investing Activities | $281M |
| NET CASH FROM INVESTING | -$512M |
| Net Debt Issuance | -$61M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$806 |
| Other Financing Activities | -$104M |
| NET CASH FROM FINANCING | -$165M |
| FREE CASH FLOW | $360M |
| Net Change in Cash | -$79M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $748M |
| Short-Term Investments | $987M |
| Net Receivables | $415M |
| Inventory | $1.3B |
| Other Current Assets | $381M |
| TOTAL CURRENT ASSETS | $3.8B |
| PP&E (Net) | $9.2B |
| Goodwill | $390M |
| Intangible Assets | $479M |
| Long-Term Investments | $92M |
| Tax Assets | $621M |
| Other Non-Current Assets | $2.7B |
| TOTAL NON-CURRENT ASSETS | $16.2B |
| TOTAL ASSETS | $20.0B |
| Account Payables | $670M |
| Short-Term Debt | $1.0B |
| Deferred Revenue | $6M |
| Other Current Liabilities | $350M |
| TOTAL CURRENT LIABILITIES | $2.3B |
| Long-Term Debt | $11.9B |
| Deferred Revenue NC | $1.4B |
| Deferred Tax Liabilities | $119M |
| Other Non-Current Liabilities | $118M |
| TOTAL NON-CURRENT LIABILITIES | $14.3B |
| TOTAL LIABILITIES | $16.6B |
| Common Stock | $1.9B |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | -$174M |
| Treasury Stock | -$44M |
| Accum. Other Comp. Income | $1.8B |
| Other Equity | -$1.9B |
| TOTAL STOCKHOLDERS' EQUITY | $3.4B |
| Minority Interest | $23M |
| TOTAL EQUITY | $3.4B |
| TOTAL LIABILITIES & EQUITY | $20.0B |
| Total Debt | $13.8B |
| Net Debt | $13.1B |
