| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | — | $1.5B | — | -4.1% |
| Op. Income | -$2.0B | — | -$1.7B | — | -12.5% |
| Gross Margin | 21.6% | — | 12.8% | — | 8.7pp |
| Net Margin | -147.2% | — | -130.1% | — | -17.1pp |
| EPS (Diluted) | $-2.10 | — | $-1.95 | — | -7.7% |
| Free Cash Flow | $43M | — | $16M | — | 168.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $308M |
| R&D Expenses | $33M |
| Selling & Marketing | $173M |
| General & Administrative | $29M |
| SG&A Expenses | $202M |
| Other Expenses | $2.0B |
| Operating Expenses | $2.3B |
| Cost & Expenses | $3.4B |
| OPERATING INCOME | -$2.0B |
| Interest Income | $0 |
| Interest Expense | $157M |
| Other Income/Expenses | -$183M |
| INCOME BEFORE TAX | -$2.1B |
| Income Tax Expense | -$46M |
| Net Income from Continuing Ops | -$2.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2.1B |
| D&A | $137M |
| EBIT | -$2.0B |
| EBITDA | -$1.8B |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$2.1B |
| Depreciation & Amortization | $137M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$78M |
| Other Non-Cash Items | $2.0B |
| Change in Working Capital | $128M |
| OPERATING CASH FLOW | $105M |
| Capital Expenditure | -$62M |
| Acquisitions (Net) | $220M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | $163M |
| Net Debt Issuance | -$43M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$12M |
| NET CASH FROM FINANCING | -$55M |
| FREE CASH FLOW | $43M |
| Net Change in Cash | $209M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $602M |
| Short-Term Investments | $0 |
| Net Receivables | $1.1B |
| Inventory | $1.0B |
| Other Current Assets | $693M |
| TOTAL CURRENT ASSETS | $3.5B |
| PP&E (Net) | $2.1B |
| Goodwill | $713M |
| Intangible Assets | $213M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $6.6B |
| Account Payables | $732M |
| Short-Term Debt | $383M |
| Deferred Revenue | $214M |
| Other Current Liabilities | $508M |
| TOTAL CURRENT LIABILITIES | $2.3B |
| Long-Term Debt | $7.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $362M |
| TOTAL NON-CURRENT LIABILITIES | $8.0B |
| TOTAL LIABILITIES | $10.3B |
| Common Stock | $1M |
| Additional Paid-In Capital | $6.7B |
| Retained Earnings | -$8.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$3.7B |
| Minority Interest | $39M |
| TOTAL EQUITY | -$3.7B |
| TOTAL LIABILITIES & EQUITY | $6.6B |
| Total Debt | $8.0B |
| Net Debt | $7.4B |
