| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.8B | $2.6B | $1.8B | 7.1% | 52.7% |
| Op. Income | -$739M | -$478M | -$910M | -54.6% | 18.8% |
| Gross Margin | 51.5% | 55.3% | 22.3% | -3.7pp | 29.2pp |
| Net Margin | -31.7% | 145.0% | -57.9% | -176.8pp | 26.2pp |
| EPS (Diluted) | $-0.52 | $0.52 | $-0.62 | -200.0% | 16.1% |
| Free Cash Flow | -$272M | -$387M | — | 29.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $2.8B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $365M |
| Selling & Marketing | $715M |
| General & Administrative | $638M |
| SG&A Expenses | $1.4B |
| Other Expenses | $447M |
| Operating Expenses | $2.2B |
| Cost & Expenses | $3.5B |
| OPERATING INCOME | -$739M |
| Interest Income | $24M |
| Interest Expense | $160M |
| Other Income/Expenses | -$111M |
| INCOME BEFORE TAX | -$850M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | -$878M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$878M |
| Net Income Deductions | $10M |
| BOTTOM LINE NET INCOME | -$888M |
| D&A | $98M |
| EBIT | -$676M |
| EBITDA | -$578M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$878M |
| Depreciation & Amortization | $98M |
| Stock-Based Compensation | $20M |
| Deferred Income Tax | -$16M |
| Other Non-Cash Items | $227M |
| Change in Working Capital | $396M |
| OPERATING CASH FLOW | -$153M |
| Capital Expenditure | -$119M |
| Acquisitions (Net) | -$64M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $92M |
| NET CASH FROM INVESTING | -$91M |
| Net Debt Issuance | $1.3B |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $24M |
| NET CASH FROM FINANCING | $1.4B |
| FREE CASH FLOW | -$272M |
| Net Change in Cash | $1.0B |
