| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.4B | $902M | -19.2% | 22.4% |
| Op. Income | -$28M | $216M | $44M | -112.8% | -162.1% |
| Gross Margin | 78.6% | 78.7% | 82.8% | -0.1pp | -4.2pp |
| Net Margin | -15.7% | -12.2% | 5.7% | -3.6pp | -21.4pp |
| EPS (Diluted) | $-0.32 | $-0.30 | $0.12 | -3.8% | -354.1% |
| Free Cash Flow | -$424M | $0 | -$169M | — | -151.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $237M |
| GROSS PROFIT | $868M |
| R&D Expenses | $397M |
| Selling & Marketing | $381M |
| General & Administrative | $117M |
| SG&A Expenses | $498M |
| Other Expenses | $0 |
| Operating Expenses | $895M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | -$28M |
| Interest Income | $84M |
| Interest Expense | $62M |
| Other Income/Expenses | -$149M |
| INCOME BEFORE TAX | -$176M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | -$181M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$174M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$174M |
| D&A | $36M |
| EBIT | -$28M |
| EBITDA | $8M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$174M |
| Depreciation & Amortization | -$89M |
| Stock-Based Compensation | $66M |
| Deferred Income Tax | $73M |
| Other Non-Cash Items | $108M |
| Change in Working Capital | -$136M |
| OPERATING CASH FLOW | -$535M |
| Capital Expenditure | $111M |
| Acquisitions (Net) | $135M |
| Purchases of Investments | $407M |
| Sales/Maturities of Investments | -$3M |
| Other Investing Activities | $871M |
| NET CASH FROM INVESTING | $1.5B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $31M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2.8B |
| NET CASH FROM FINANCING | -$2.8B |
| FREE CASH FLOW | -$424M |
| Net Change in Cash | -$3.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.1B |
| Short-Term Investments | $5.4B |
| Net Receivables | $1.1B |
| Inventory | $0 |
| Other Current Assets | $2.0B |
| TOTAL CURRENT ASSETS | $11.6B |
| PP&E (Net) | $858M |
| Goodwill | $8.5B |
| Intangible Assets | $2.0B |
| Long-Term Investments | $3.9B |
| Tax Assets | $124M |
| Other Non-Current Assets | $146M |
| TOTAL NON-CURRENT ASSETS | $15.5B |
| TOTAL ASSETS | $27.1B |
| Account Payables | $1.7B |
| Short-Term Debt | $5.3B |
| Deferred Revenue | $1.4B |
| Other Current Liabilities | $54M |
| TOTAL CURRENT LIABILITIES | $10.0B |
| Long-Term Debt | $3.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $561M |
| Other Non-Current Liabilities | $48M |
| TOTAL NON-CURRENT LIABILITIES | $4.1B |
| TOTAL LIABILITIES | $14.2B |
| Common Stock | $730.2K |
| Additional Paid-In Capital | $10.8B |
| Retained Earnings | $2.3B |
| Treasury Stock | -$308M |
| Accum. Other Comp. Income | -$146M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12.7B |
| Minority Interest | $295M |
| TOTAL EQUITY | $13.0B |
| TOTAL LIABILITIES & EQUITY | $27.1B |
| Total Debt | $8.8B |
| Net Debt | $5.6B |
