| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $292M | $302M | $367M | -3.5% | -20.5% |
| Op. Income | $72M | -$42M | $112M | 272.2% | -35.6% |
| Gross Margin | 77.3% | 53.0% | 69.0% | 24.3pp | 8.4pp |
| Net Margin | 19.6% | -11.3% | 24.0% | 30.9pp | -4.4pp |
| EPS (Diluted) | $1.08 | $-0.73 | $1.70 | 247.9% | -36.5% |
| Free Cash Flow | -$83M | $466M | -$1.5B | -117.9% | 94.3% |
| Item | Amount |
|---|---|
| REVENUE | $292M |
| Cost of Revenue | $66M |
| GROSS PROFIT | $226M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $122M |
| SG&A Expenses | $125M |
| Other Expenses | $28M |
| Operating Expenses | $153M |
| Cost & Expenses | $220M |
| OPERATING INCOME | $72M |
| Interest Income | $244M |
| Interest Expense | $36M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $72M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $57M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $57M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $20M |
| EBIT | $72M |
| EBITDA | $93M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $292M |
| Cost of Revenue | $66M |
| GROSS PROFIT | $226M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $122M |
| SG&A Expenses | $125M |
| Other Expenses | $28M |
| Operating Expenses | $153M |
| Cost & Expenses | $220M |
| OPERATING INCOME | $72M |
| Interest Income | $244M |
| Interest Expense | $36M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $72M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $57M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $57M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $20M |
| EBIT | $72M |
| EBITDA | $93M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $57M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$190M |
| Change in Working Capital | $25M |
| OPERATING CASH FLOW | -$83M |
| Capital Expenditure | -$361.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.1B |
| Sales/Maturities of Investments | $7M |
| Other Investing Activities | $355M |
| NET CASH FROM INVESTING | -$768M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1.8B |
| NET CASH FROM FINANCING | $1.8B |
| FREE CASH FLOW | -$83M |
| Net Change in Cash | $930M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10.6B |
| Short-Term Investments | $1.4B |
| Net Receivables | $753M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $12.8B |
| PP&E (Net) | $27M |
| Goodwill | $18M |
| Intangible Assets | $95M |
| Long-Term Investments | $25.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $25.7B |
| TOTAL ASSETS | $38.4B |
| Account Payables | $15M |
| Short-Term Debt | $208M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $32.0B |
| TOTAL CURRENT LIABILITIES | $32.2B |
| Long-Term Debt | $3.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $354M |
| TOTAL NON-CURRENT LIABILITIES | $3.5B |
| TOTAL LIABILITIES | $35.6B |
| Common Stock | $504.0K |
| Additional Paid-In Capital | $988M |
| Retained Earnings | $1.7B |
| Treasury Stock | -$8.0K |
| Accum. Other Comp. Income | $7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.8B |
| TOTAL LIABILITIES & EQUITY | $38.4B |
| Total Debt | $3.3B |
| Net Debt | -$7.3B |
