| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.5B | $3.1B | $2.5B | 43.6% | 78.9% |
| Op. Income | -$498M | $705M | -$504M | -170.6% | 1.3% |
| Gross Margin | 59.6% | 72.3% | 72.3% | -12.7pp | -12.8pp |
| Net Margin | -7.7% | 7.6% | -13.5% | -15.3pp | 5.8pp |
| EPS (Diluted) | $-0.11 | $0.15 | $-0.11 | -173.6% | -2.4% |
| Free Cash Flow | $457M | $389M | $630M | 17.6% | -27.5% |
| Item | Amount |
|---|---|
| REVENUE | $4.5B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $2.7B |
| R&D Expenses | $873M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.7B |
| Other Expenses | $890M |
| Operating Expenses | $3.5B |
| Cost & Expenses | $5.3B |
| OPERATING INCOME | -$498M |
| Interest Income | $81M |
| Interest Expense | $42M |
| Other Income/Expenses | -$213M |
| INCOME BEFORE TAX | -$711M |
| Income Tax Expense | -$364M |
| Net Income from Continuing Ops | -$347M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$347M |
| Net Income Deductions | -$163M |
| BOTTOM LINE NET INCOME | -$183M |
| D&A | $978M |
| EBIT | -$669M |
| EBITDA | $529M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$347M |
| Depreciation & Amortization | $978M |
| Stock-Based Compensation | $33M |
| Deferred Income Tax | -$364M |
| Other Non-Cash Items | -$644M |
| Change in Working Capital | $1.1B |
| OPERATING CASH FLOW | $736M |
| Capital Expenditure | -$279M |
| Acquisitions (Net) | -$17.8B |
| Purchases of Investments | $9.9B |
| Sales/Maturities of Investments | -$289M |
| Other Investing Activities | $795M |
| NET CASH FROM INVESTING | -$7.7B |
| Net Debt Issuance | $9.9B |
| Common Stock Repurchased | -$50.1K |
| Common Dividends Paid | -$45M |
| Other Financing Activities | -$255M |
| NET CASH FROM FINANCING | $9.6B |
| FREE CASH FLOW | $457M |
| Net Change in Cash | $2.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.4B |
| Short-Term Investments | $146M |
| Net Receivables | $4.7B |
| Inventory | $6.2B |
| Other Current Assets | $3.8B |
| TOTAL CURRENT ASSETS | $19.1B |
| PP&E (Net) | $8.2B |
| Goodwill | $26.1B |
| Intangible Assets | $30.5B |
| Long-Term Investments | $1.9B |
| Tax Assets | $558M |
| Other Non-Current Assets | $548M |
| TOTAL NON-CURRENT ASSETS | $67.7B |
| TOTAL ASSETS | $86.9B |
| Account Payables | $1.3B |
| Short-Term Debt | $6.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.8B |
| TOTAL CURRENT LIABILITIES | $15.7B |
| Long-Term Debt | $29.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4.5B |
| Other Non-Current Liabilities | $3.5B |
| TOTAL NON-CURRENT LIABILITIES | $38.8B |
| TOTAL LIABILITIES | $54.6B |
| Common Stock | $10.3B |
| Additional Paid-In Capital | $10.3B |
| Retained Earnings | $9.8B |
| Treasury Stock | -$358M |
| Accum. Other Comp. Income | $2.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $32.3B |
| Minority Interest | $25M |
| TOTAL EQUITY | $32.3B |
| TOTAL LIABILITIES & EQUITY | $86.9B |
| Total Debt | $36.0B |
| Net Debt | $31.6B |
