| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.6B | $2.4B | $1.5B | 5.9% | 69.0% |
| Op. Income | -$478M | -$1.2B | -$818M | 60.1% | 41.6% |
| Gross Margin | 55.3% | 30.9% | 18.8% | 24.3pp | 36.5pp |
| Net Margin | 145.0% | -26.3% | -60.6% | 171.4pp | 205.7pp |
| EPS (Diluted) | $0.52 | $-0.38 | $-0.55 | 236.8% | 194.5% |
| Free Cash Flow | -$387M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $2.6B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $340M |
| Selling & Marketing | $677M |
| General & Administrative | $429M |
| SG&A Expenses | $1.1B |
| Other Expenses | $460M |
| Operating Expenses | $1.9B |
| Cost & Expenses | $3.1B |
| OPERATING INCOME | -$478M |
| Interest Income | $18M |
| Interest Expense | $132M |
| Other Income/Expenses | $4.8B |
| INCOME BEFORE TAX | $4.3B |
| Income Tax Expense | $576M |
| Net Income from Continuing Ops | $3.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $876M |
| D&A | $88M |
| EBIT | $4.5B |
| EBITDA | $4.5B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3.7B |
| Depreciation & Amortization | $88M |
| Stock-Based Compensation | $61M |
| Deferred Income Tax | $486M |
| Other Non-Cash Items | -$4.8B |
| Change in Working Capital | $89M |
| OPERATING CASH FLOW | -$297M |
| Capital Expenditure | -$90M |
| Acquisitions (Net) | -$423M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $138M |
| NET CASH FROM INVESTING | -$375M |
| Net Debt Issuance | -$99M |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$30M |
| NET CASH FROM FINANCING | $1.1B |
| FREE CASH FLOW | -$387M |
| Net Change in Cash | $434M |
