| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.9B | $3.2B | $3.2B | -41.1% | -39.6% |
| Op. Income | -$1.6B | -$1.3B | -$5.5B | -27.2% | 70.7% |
| Gross Margin | 31.1% | 38.6% | 45.0% | -7.6pp | -14.0pp |
| Net Margin | -92.8% | -90.4% | -165.4% | -2.4pp | 72.6pp |
| EPS (Diluted) | $-1.02 | $-1.70 | $-4.71 | 40.0% | 78.3% |
| Free Cash Flow | -$1.2B | -$661M | -$1.1B | -86.8% | -15.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $594M |
| R&D Expenses | $584M |
| Selling & Marketing | $736M |
| General & Administrative | $546M |
| SG&A Expenses | $1.3B |
| Other Expenses | $335M |
| Operating Expenses | $2.2B |
| Cost & Expenses | $3.5B |
| OPERATING INCOME | -$1.6B |
| Interest Income | $6M |
| Interest Expense | $110M |
| Other Income/Expenses | -$161M |
| INCOME BEFORE TAX | -$1.8B |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | -$1.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1.8B |
| D&A | $129M |
| EBIT | -$1.7B |
| EBITDA | -$1.5B |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$1.8B |
| Depreciation & Amortization | $129M |
| Stock-Based Compensation | $131M |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | $158M |
| Change in Working Capital | $292M |
| OPERATING CASH FLOW | -$1.1B |
| Capital Expenditure | -$164M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$519M |
| Sales/Maturities of Investments | $322M |
| Other Investing Activities | -$95M |
| NET CASH FROM INVESTING | -$456M |
| Net Debt Issuance | $42M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $76M |
| NET CASH FROM FINANCING | $118M |
| FREE CASH FLOW | -$1.2B |
| Net Change in Cash | -$1.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.9B |
| Short-Term Investments | $1.0B |
| Net Receivables | $1.0B |
| Inventory | $0 |
| Other Current Assets | $293M |
| TOTAL CURRENT ASSETS | $9.7B |
| PP&E (Net) | $3.3B |
| Goodwill | $2.5B |
| Intangible Assets | $533M |
| Long-Term Investments | $11.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.1B |
| TOTAL NON-CURRENT ASSETS | $18.6B |
| TOTAL ASSETS | $28.2B |
| Account Payables | $253M |
| Short-Term Debt | $822M |
| Deferred Revenue | $78M |
| Other Current Liabilities | $4.3B |
| TOTAL CURRENT LIABILITIES | $5.9B |
| Long-Term Debt | $7.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $752M |
| Other Non-Current Liabilities | $2.5B |
| TOTAL NON-CURRENT LIABILITIES | $11.8B |
| TOTAL LIABILITIES | $17.7B |
| Common Stock | $0 |
| Additional Paid-In Capital | $31.3B |
| Retained Earnings | -$21.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$644M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.6B |
| Minority Interest | $971M |
| TOTAL EQUITY | $10.5B |
| TOTAL LIABILITIES & EQUITY | $28.2B |
| Total Debt | $9.4B |
| Net Debt | $2.5B |
