| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $821M | $1.2B | — | -32.4% | — |
| Op. Income | -$497M | -$822M | — | 39.5% | — |
| Gross Margin | 25.8% | 24.9% | — | 1.0pp | — |
| Net Margin | -70.8% | -79.5% | — | 8.7pp | — |
| EPS (Diluted) | $-8.30 | $-13.80 | — | 39.9% | — |
| Free Cash Flow | -$4M | -$10M | — | 60.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $821M |
| Cost of Revenue | $609M |
| GROSS PROFIT | $212M |
| R&D Expenses | $23M |
| Selling & Marketing | $0 |
| General & Administrative | $223M |
| SG&A Expenses | $223M |
| Other Expenses | $463M |
| Operating Expenses | $709M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | -$497M |
| Interest Income | $0 |
| Interest Expense | $59M |
| Other Income/Expenses | -$70M |
| INCOME BEFORE TAX | -$567M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | -$579M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$581M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$581M |
| D&A | $113M |
| EBIT | -$508M |
| EBITDA | -$395M |
| EPS | -$8 |
| EPS Diluted | -$8 |
| Item | Amount |
|---|---|
| Net Income | -$579M |
| Depreciation & Amortization | $113M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $369M |
| Change in Working Capital | $130M |
| OPERATING CASH FLOW | $31M |
| Capital Expenditure | -$35M |
| Acquisitions (Net) | -$11M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $7M |
| NET CASH FROM INVESTING | -$39M |
| Net Debt Issuance | $7M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$11M |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $680M |
| Short-Term Investments | $0 |
| Net Receivables | $927M |
| Inventory | $862M |
| Other Current Assets | $458M |
| TOTAL CURRENT ASSETS | $2.9B |
| PP&E (Net) | $1.4B |
| Goodwill | $0 |
| Intangible Assets | $875M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $240M |
| TOTAL NON-CURRENT ASSETS | $2.5B |
| TOTAL ASSETS | $5.4B |
| Account Payables | $384M |
| Short-Term Debt | $24M |
| Deferred Revenue | $472M |
| Other Current Liabilities | -$7M |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $2.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $335M |
| TOTAL NON-CURRENT LIABILITIES | $2.7B |
| TOTAL LIABILITIES | $4.1B |
| Common Stock | $0 |
| Additional Paid-In Capital | $2.9B |
| Retained Earnings | -$1.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$57M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $38M |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $5.4B |
| Total Debt | $2.4B |
| Net Debt | $1.8B |
