| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.9B | $2.2B | — | -12.5% | — |
| Op. Income | -$1.7B | $439M | — | -487.0% | — |
| Gross Margin | 17.3% | 25.9% | — | -8.6pp | — |
| Net Margin | -69.1% | 12.2% | — | -81.3pp | — |
| EPS (Diluted) | $-1.21 | $0.48 | — | -352.5% | — |
| Free Cash Flow | -$185M | $58M | — | -420.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $336M |
| R&D Expenses | $16M |
| Selling & Marketing | $0 |
| General & Administrative | $36M |
| SG&A Expenses | $36M |
| Other Expenses | $2.0B |
| Operating Expenses | $2.0B |
| Cost & Expenses | $3.6B |
| OPERATING INCOME | -$1.7B |
| Interest Income | $5M |
| Interest Expense | $17M |
| Other Income/Expenses | -$29M |
| INCOME BEFORE TAX | -$1.7B |
| Income Tax Expense | -$373M |
| Net Income from Continuing Ops | -$1.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1.3B |
| D&A | $303M |
| EBIT | -$1.7B |
| EBITDA | -$1.4B |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$1.3B |
| Depreciation & Amortization | $303M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$373M |
| Other Non-Cash Items | $1.8B |
| Change in Working Capital | $153M |
| OPERATING CASH FLOW | $571M |
| Capital Expenditure | -$756M |
| Acquisitions (Net) | $111M |
| Purchases of Investments | -$40M |
| Sales/Maturities of Investments | $10M |
| Other Investing Activities | -$111M |
| NET CASH FROM INVESTING | -$786M |
| Net Debt Issuance | -$13M |
| Common Stock Repurchased | -$108M |
| Common Dividends Paid | -$20M |
| Other Financing Activities | -$63M |
| NET CASH FROM FINANCING | -$204M |
| FREE CASH FLOW | -$185M |
| Net Change in Cash | -$433M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $750M |
| Short-Term Investments | $0 |
| Net Receivables | $776M |
| Inventory | $1.4B |
| Other Current Assets | $72M |
| TOTAL CURRENT ASSETS | $3.3B |
| PP&E (Net) | $22.9B |
| Goodwill | $805M |
| Intangible Assets | $118M |
| Long-Term Investments | $922M |
| Tax Assets | $154M |
| Other Non-Current Assets | $558M |
| TOTAL NON-CURRENT ASSETS | $25.5B |
| TOTAL ASSETS | $28.8B |
| Account Payables | $955M |
| Short-Term Debt | $21M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $520M |
| TOTAL CURRENT LIABILITIES | $2.0B |
| Long-Term Debt | $3.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6.5B |
| TOTAL NON-CURRENT LIABILITIES | $10.6B |
| TOTAL LIABILITIES | $12.6B |
| Common Stock | $4.6B |
| Additional Paid-In Capital | $160M |
| Retained Earnings | $10.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $226M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $15.6B |
| Minority Interest | $563M |
| TOTAL EQUITY | $16.1B |
| TOTAL LIABILITIES & EQUITY | $28.8B |
| Total Debt | $4.2B |
| Net Debt | $3.4B |
