| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $457M | $434M | $478M | 5.3% | -4.4% |
| Op. Income | $8M | -$6M | $10M | 233.3% | -20.0% |
| Gross Margin | 56.0% | 51.8% | 49.4% | 4.2pp | 6.6pp |
| Net Margin | -9.4% | 38.7% | -0.2% | -48.1pp | -9.2pp |
| EPS (Diluted) | $-0.40 | $1.51 | $-0.01 | -126.5% | -4497.7% |
| Free Cash Flow | $115M | -$2M | $42M | 5850.0% | 173.8% |
| Item | Amount |
|---|---|
| REVENUE | $457M |
| Cost of Revenue | $201M |
| GROSS PROFIT | $256M |
| R&D Expenses | $83M |
| Selling & Marketing | $0 |
| General & Administrative | $165M |
| SG&A Expenses | $165M |
| Other Expenses | $0 |
| Operating Expenses | $248M |
| Cost & Expenses | $449M |
| OPERATING INCOME | $8M |
| Interest Income | $1M |
| Interest Expense | $7M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $40M |
| Net Income from Continuing Ops | -$43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$43M |
| D&A | $43M |
| EBIT | $4M |
| EBITDA | $47M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$43M |
| Depreciation & Amortization | $43M |
| Stock-Based Compensation | $31M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $99M |
| OPERATING CASH FLOW | $130M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | -$23M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | -$19M |
| FREE CASH FLOW | $115M |
| Net Change in Cash | $99M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $494M |
| Short-Term Investments | $0 |
| Net Receivables | $339M |
| Inventory | $26M |
| Other Current Assets | $89M |
| TOTAL CURRENT ASSETS | $948M |
| PP&E (Net) | $383M |
| Goodwill | $395M |
| Intangible Assets | $25M |
| Long-Term Investments | $0 |
| Tax Assets | $236M |
| Other Non-Current Assets | $115M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $62M |
| Short-Term Debt | $31M |
| Deferred Revenue | $518M |
| Other Current Liabilities | $76M |
| TOTAL CURRENT LIABILITIES | $893M |
| Long-Term Debt | $436M |
| Deferred Revenue NC | $41M |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | $272M |
| TOTAL NON-CURRENT LIABILITIES | $863M |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | -$1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$165M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $346M |
| Minority Interest | $0 |
| TOTAL EQUITY | $346M |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $662M |
| Net Debt | $168M |
