| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $985M | $1.3B | $1.4B | -25.0% | -31.1% |
| Op. Income | -$316M | -$447M | -$2.0B | 29.3% | 83.9% |
| Gross Margin | 24.4% | 23.4% | 21.6% | 1.0pp | 2.8pp |
| Net Margin | 535.9% | -62.5% | -147.2% | 598.4pp | 683.1pp |
| EPS (Diluted) | $75.41 | $-0.82 | $-2.10 | 9296.3% | 3691.0% |
| Free Cash Flow | -$129M | -$267M | $43M | 51.7% | -400.0% |
| Item | Amount |
|---|---|
| REVENUE | $985M |
| Cost of Revenue | $745M |
| GROSS PROFIT | $240M |
| R&D Expenses | $36M |
| Selling & Marketing | -$199M |
| General & Administrative | $710M |
| SG&A Expenses | $230M |
| Other Expenses | -$52M |
| Operating Expenses | $214M |
| Cost & Expenses | $959M |
| OPERATING INCOME | -$316M |
| Interest Income | $0 |
| Interest Expense | $21M |
| Other Income/Expenses | $5.7B |
| INCOME BEFORE TAX | $5.3B |
| Income Tax Expense | $59M |
| Net Income from Continuing Ops | $5.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5.3B |
| D&A | $124M |
| EBIT | $5.4B |
| EBITDA | $5.5B |
| EPS | $75 |
| EPS Diluted | $75 |
| Item | Amount |
|---|---|
| Net Income | $5.3B |
| Depreciation & Amortization | $90M |
| Stock-Based Compensation | $27M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$5.5B |
| Change in Working Capital | $38M |
| OPERATING CASH FLOW | -$68M |
| Capital Expenditure | -$61M |
| Acquisitions (Net) | $9M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$9M |
| NET CASH FROM INVESTING | -$61M |
| Net Debt Issuance | -$109M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$59M |
| NET CASH FROM FINANCING | -$168M |
| FREE CASH FLOW | -$129M |
| Net Change in Cash | -$296M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $618M |
| Short-Term Investments | $0 |
| Net Receivables | $1.2B |
| Inventory | $972M |
| Other Current Assets | $622M |
| TOTAL CURRENT ASSETS | $3.5B |
| PP&E (Net) | $2.4B |
| Goodwill | $239M |
| Intangible Assets | $1.1B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $109M |
| TOTAL NON-CURRENT ASSETS | $3.8B |
| TOTAL ASSETS | $7.3B |
| Account Payables | $585M |
| Short-Term Debt | $3M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $520M |
| TOTAL CURRENT LIABILITIES | $1.7B |
| Long-Term Debt | $2.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $341M |
| TOTAL NON-CURRENT LIABILITIES | $2.7B |
| TOTAL LIABILITIES | $4.4B |
| Common Stock | $0 |
| Additional Paid-In Capital | $2.9B |
| Retained Earnings | -$26M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $36M |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $7.3B |
| Total Debt | $2.5B |
| Net Debt | $1.8B |
