| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $657M | $768M | $745M | -14.5% | -11.9% |
| Op. Income | $76M | -$63M | -$48M | 222.0% | 257.8% |
| Gross Margin | 62.9% | 40.0% | 46.3% | 22.9pp | 16.5pp |
| Net Margin | 6.0% | -11.0% | -8.7% | 17.0pp | 14.7pp |
| EPS (Diluted) | $0.16 | $-0.38 | $-0.31 | 142.1% | 151.6% |
| Free Cash Flow | $34M | $362M | -$318M | -90.6% | 110.7% |
| Item | Amount |
|---|---|
| REVENUE | $657M |
| Cost of Revenue | $244M |
| GROSS PROFIT | $413M |
| R&D Expenses | $95M |
| Selling & Marketing | $156M |
| General & Administrative | $86M |
| SG&A Expenses | $242M |
| Other Expenses | $0 |
| Operating Expenses | $336M |
| Cost & Expenses | $580M |
| OPERATING INCOME | $76M |
| Interest Income | $0 |
| Interest Expense | $39M |
| Other Income/Expenses | -$36M |
| INCOME BEFORE TAX | $40M |
| Income Tax Expense | $425.0K |
| Net Income from Continuing Ops | $40M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $40M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $40M |
| D&A | $32M |
| EBIT | $79M |
| EBITDA | $112M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $657M |
| Cost of Revenue | $244M |
| GROSS PROFIT | $413M |
| R&D Expenses | $95M |
| Selling & Marketing | $156M |
| General & Administrative | $86M |
| SG&A Expenses | $242M |
| Other Expenses | $0 |
| Operating Expenses | $336M |
| Cost & Expenses | $580M |
| OPERATING INCOME | $76M |
| Interest Income | $0 |
| Interest Expense | $39M |
| Other Income/Expenses | -$36M |
| INCOME BEFORE TAX | $40M |
| Income Tax Expense | $425.0K |
| Net Income from Continuing Ops | $40M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $40M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $40M |
| D&A | $32M |
| EBIT | $79M |
| EBITDA | $112M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $40M |
| Depreciation & Amortization | $32M |
| Stock-Based Compensation | $49M |
| Deferred Income Tax | $425.0K |
| Other Non-Cash Items | $39M |
| Change in Working Capital | -$103M |
| OPERATING CASH FLOW | $58M |
| Capital Expenditure | -$24M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$855M |
| Sales/Maturities of Investments | $459M |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$419M |
| Net Debt Issuance | $45M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $186M |
| NET CASH FROM FINANCING | $232M |
| FREE CASH FLOW | $34M |
| Net Change in Cash | -$130M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.9B |
| Short-Term Investments | $1.9B |
| Net Receivables | $80M |
| Inventory | $193M |
| Other Current Assets | $169M |
| TOTAL CURRENT ASSETS | $4.3B |
| PP&E (Net) | $392M |
| Goodwill | $2.0B |
| Intangible Assets | $101M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $60M |
| TOTAL NON-CURRENT ASSETS | $2.5B |
| TOTAL ASSETS | $6.8B |
| Account Payables | $19M |
| Short-Term Debt | $240M |
| Deferred Revenue | $49M |
| Other Current Liabilities | $35M |
| TOTAL CURRENT LIABILITIES | $466M |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $22M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2.1B |
| TOTAL LIABILITIES | $2.5B |
| Common Stock | $24.0K |
| Additional Paid-In Capital | $5.5B |
| Retained Earnings | -$1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $461.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.3B |
| TOTAL LIABILITIES & EQUITY | $6.8B |
| Total Debt | $2.3B |
| Net Debt | $416M |
