| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.4B | — | -5.8% | — |
| Op. Income | -$301M | -$2.0B | — | 84.6% | — |
| Gross Margin | 19.6% | 21.6% | — | -1.9pp | — |
| Net Margin | -35.7% | -147.2% | — | 111.4pp | — |
| EPS (Diluted) | $-0.48 | $-2.10 | — | 77.1% | — |
| Free Cash Flow | -$313M | $43M | — | -827.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $264M |
| R&D Expenses | $36M |
| Selling & Marketing | $199M |
| General & Administrative | $32M |
| SG&A Expenses | $231M |
| Other Expenses | $0 |
| Operating Expenses | $267M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | -$301M |
| Interest Income | $0 |
| Interest Expense | $155M |
| Other Income/Expenses | -$164M |
| INCOME BEFORE TAX | -$465M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | -$477M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$481M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$481M |
| D&A | $123M |
| EBIT | -$310M |
| EBITDA | -$187M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$477M |
| Depreciation & Amortization | $123M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $296M |
| Other Non-Cash Items | -$12M |
| Change in Working Capital | -$187M |
| OPERATING CASH FLOW | -$249M |
| Capital Expenditure | -$64M |
| Acquisitions (Net) | $74M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $26M |
| NET CASH FROM INVESTING | $36M |
| Net Debt Issuance | $213M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | $208M |
| FREE CASH FLOW | -$313M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $598M |
| Short-Term Investments | $0 |
| Net Receivables | $1.2B |
| Inventory | $1.1B |
| Other Current Assets | $604M |
| TOTAL CURRENT ASSETS | $3.4B |
| PP&E (Net) | $2.0B |
| Goodwill | $504M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $615M |
| TOTAL NON-CURRENT ASSETS | $3.1B |
| TOTAL ASSETS | $6.5B |
| Account Payables | $746M |
| Short-Term Debt | $612M |
| Deferred Revenue | $434M |
| Other Current Liabilities | $278M |
| TOTAL CURRENT LIABILITIES | $2.5B |
| Long-Term Debt | $7.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $515M |
| TOTAL NON-CURRENT LIABILITIES | $8.1B |
| TOTAL LIABILITIES | $10.6B |
| Common Stock | $1M |
| Additional Paid-In Capital | $6.7B |
| Retained Earnings | -$9.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$4.1B |
| Minority Interest | $39M |
| TOTAL EQUITY | -$4.1B |
| TOTAL LIABILITIES & EQUITY | $6.5B |
| Total Debt | $8.2B |
| Net Debt | $7.6B |
