| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $935M | $572M | $792M | 63.5% | 18.0% |
| Op. Income | $240M | $54M | $218M | 342.6% | 10.3% |
| Gross Margin | 27.6% | 20.9% | 32.6% | 6.7pp | -5.0pp |
| Net Margin | 22.6% | 9.6% | 25.1% | 13.1pp | -2.4pp |
| EPS (Diluted) | $0.27 | $0.07 | $0.25 | 285.4% | 6.9% |
| Free Cash Flow | -$199M | $26M | $65M | -866.7% | -408.6% |
| Item | Amount |
|---|---|
| REVENUE | $935M |
| Cost of Revenue | $677M |
| GROSS PROFIT | $258M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $46M |
| Other Expenses | -$28M |
| Operating Expenses | $18M |
| Cost & Expenses | $695M |
| OPERATING INCOME | $240M |
| Interest Income | $17M |
| Interest Expense | $1M |
| Other Income/Expenses | $15M |
| INCOME BEFORE TAX | $256M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | $212M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $212M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $212M |
| D&A | $0 |
| EBIT | $258M |
| EBITDA | $258M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $935M |
| Cost of Revenue | $677M |
| GROSS PROFIT | $258M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $46M |
| Other Expenses | -$28M |
| Operating Expenses | $18M |
| Cost & Expenses | $695M |
| OPERATING INCOME | $240M |
| Interest Income | $17M |
| Interest Expense | $1M |
| Other Income/Expenses | $15M |
| INCOME BEFORE TAX | $256M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | $212M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $212M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $212M |
| D&A | $0 |
| EBIT | $258M |
| EBITDA | $258M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $212M |
| Depreciation & Amortization | $62M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$29M |
| Change in Working Capital | -$161M |
| OPERATING CASH FLOW | $183M |
| Capital Expenditure | -$382M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$160M |
| NET CASH FROM INVESTING | -$160M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$194M |
| Other Financing Activities | $10M |
| NET CASH FROM FINANCING | $10M |
| FREE CASH FLOW | -$199M |
| Net Change in Cash | $32M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $768M |
| Short-Term Investments | $1.2B |
| Net Receivables | $94M |
| Inventory | $9M |
| Other Current Assets | $377M |
| TOTAL CURRENT ASSETS | $2.6B |
| PP&E (Net) | $2.3B |
| Goodwill | $619M |
| Intangible Assets | $566M |
| Long-Term Investments | $688M |
| Tax Assets | $81M |
| Other Non-Current Assets | $270M |
| TOTAL NON-CURRENT ASSETS | $4.5B |
| TOTAL ASSETS | $7.1B |
| Account Payables | $161M |
| Short-Term Debt | $319M |
| Deferred Revenue | $177M |
| Other Current Liabilities | $231M |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $31M |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $103M |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $75.5K |
| Additional Paid-In Capital | $3.0B |
| Retained Earnings | $2.7B |
| Treasury Stock | -$197M |
| Accum. Other Comp. Income | $121M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.7B |
| Minority Interest | $17M |
| TOTAL EQUITY | $5.7B |
| TOTAL LIABILITIES & EQUITY | $7.1B |
| Total Debt | $416M |
| Net Debt | -$353M |
