| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $768M | $1.1B | $600M | -31.8% | 28.1% |
| Op. Income | -$63M | -$145M | -$63M | 56.6% | -0.2% |
| Gross Margin | 40.0% | 32.3% | 54.8% | 7.6pp | -14.8pp |
| Net Margin | -11.0% | -14.5% | -12.0% | 3.5pp | 1.0pp |
| EPS (Diluted) | $-0.38 | $-0.78 | $-0.35 | 51.3% | -8.6% |
| Free Cash Flow | $362M | $265M | -$249M | 36.9% | 245.1% |
| Item | Amount |
|---|---|
| REVENUE | $768M |
| Cost of Revenue | $461M |
| GROSS PROFIT | $307M |
| R&D Expenses | $129M |
| Selling & Marketing | $156M |
| General & Administrative | $86M |
| SG&A Expenses | $241M |
| Other Expenses | $0 |
| Operating Expenses | $370M |
| Cost & Expenses | $831M |
| OPERATING INCOME | -$63M |
| Interest Income | $0 |
| Interest Expense | $38M |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | -$84M |
| Income Tax Expense | $679.0K |
| Net Income from Continuing Ops | -$84M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$84M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$84M |
| D&A | $32M |
| EBIT | -$46M |
| EBITDA | -$14M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$84M |
| Depreciation & Amortization | $32M |
| Stock-Based Compensation | $52M |
| Deferred Income Tax | $679.0K |
| Other Non-Cash Items | $24M |
| Change in Working Capital | $366M |
| OPERATING CASH FLOW | $391M |
| Capital Expenditure | -$29M |
| Acquisitions (Net) | $7M |
| Purchases of Investments | -$958M |
| Sales/Maturities of Investments | $467M |
| Other Investing Activities | -$7M |
| NET CASH FROM INVESTING | -$519M |
| Net Debt Issuance | $79M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $93M |
| NET CASH FROM FINANCING | $583M |
| FREE CASH FLOW | $362M |
| Net Change in Cash | $455M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.0B |
| Short-Term Investments | $1.5B |
| Net Receivables | $67M |
| Inventory | $135M |
| Other Current Assets | $109M |
| TOTAL CURRENT ASSETS | $3.9B |
| PP&E (Net) | $395M |
| Goodwill | $2.0B |
| Intangible Assets | $107M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $59M |
| TOTAL NON-CURRENT ASSETS | $2.5B |
| TOTAL ASSETS | $6.4B |
| Account Payables | $14M |
| Short-Term Debt | $197M |
| Deferred Revenue | $45M |
| Other Current Liabilities | $35M |
| TOTAL CURRENT LIABILITIES | $387M |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $14M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2.0B |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $23.0K |
| Additional Paid-In Capital | $5.2B |
| Retained Earnings | -$1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.0B |
| TOTAL LIABILITIES & EQUITY | $6.4B |
| Total Debt | $2.2B |
| Net Debt | $199M |
