| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.0B | $1.1B | — | -5.7% | — |
| Op. Income | -$433M | -$49M | — | -783.7% | — |
| Gross Margin | 47.8% | 50.0% | — | -2.2pp | — |
| Net Margin | -51.5% | -6.9% | — | -44.6pp | — |
| EPS (Diluted) | $-1.03 | $-0.15 | — | -586.7% | — |
| Free Cash Flow | $93M | $66M | — | 40.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $527M |
| GROSS PROFIT | $483M |
| R&D Expenses | $0 |
| Selling & Marketing | $152M |
| General & Administrative | $717M |
| SG&A Expenses | $869M |
| Other Expenses | $47M |
| Operating Expenses | $916M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | -$433M |
| Interest Income | $0 |
| Interest Expense | $32M |
| Other Income/Expenses | -$35M |
| INCOME BEFORE TAX | -$468M |
| Income Tax Expense | $51M |
| Net Income from Continuing Ops | -$519M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$520M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$520M |
| D&A | $62M |
| EBIT | -$436M |
| EBITDA | -$374M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$519M |
| Depreciation & Amortization | $62M |
| Stock-Based Compensation | $440M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | $134M |
| OPERATING CASH FLOW | $123M |
| Capital Expenditure | -$30M |
| Acquisitions (Net) | -$6M |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | -$36M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$37M |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$43M |
| FREE CASH FLOW | $93M |
| Net Change in Cash | $48M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $532M |
| Short-Term Investments | $0 |
| Net Receivables | $732M |
| Inventory | $59M |
| Other Current Assets | $71M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $588M |
| Goodwill | $1.8B |
| Intangible Assets | $1.8B |
| Long-Term Investments | $0 |
| Tax Assets | $57M |
| Other Non-Current Assets | $375M |
| TOTAL NON-CURRENT ASSETS | $4.6B |
| TOTAL ASSETS | $6.1B |
| Account Payables | $205M |
| Short-Term Debt | $0 |
| Deferred Revenue | $182M |
| Other Current Liabilities | $100M |
| TOTAL CURRENT LIABILITIES | $2.5B |
| Long-Term Debt | $3.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $157M |
| Other Non-Current Liabilities | $181M |
| TOTAL NON-CURRENT LIABILITIES | $3.6B |
| TOTAL LIABILITIES | $6.2B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | -$1.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$253M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$38M |
| Minority Interest | $17M |
| TOTAL EQUITY | -$21M |
| TOTAL LIABILITIES & EQUITY | $6.1B |
| Total Debt | $3.3B |
| Net Debt | $2.8B |
