|
Note 23 – Quarterly Results of Operations (Unaudited)
The following table presents selected quarterly results of operations data for the years ended December 31, 2019 and 2018 (in millions, except per share amounts):
|
|
|
Three Months Ended |
|
|
|
|
March 31 |
|
|
June 30 |
|
|
September 30 |
|
|
December 31 |
|
|
2019 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total revenues |
|
$ |
4,541 |
|
|
$ |
6,350 |
|
|
$ |
6,303 |
|
|
$ |
7,384 |
|
|
Gross profit |
|
$ |
566 |
|
|
$ |
921 |
|
|
$ |
1,191 |
|
|
$ |
1,391 |
|
|
Net (loss) income attributable to common
stockholders |
|
$ |
(702 |
) |
|
$ |
(408 |
) |
|
$ |
143 |
|
|
$ |
105 |
|
|
Net (loss) income per share of common stock
attributable to common stockholders, basic |
|
$ |
(4.10 |
) |
|
$ |
(2.31 |
) |
|
$ |
0.80 |
|
|
$ |
0.58 |
|
|
Net (loss) income per share of common stock
attributable to common stockholders, diluted |
|
$ |
(4.10 |
) |
|
$ |
(2.31 |
) |
|
$ |
0.78 |
|
|
$ |
0.56 |
|
|
2018 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total revenues |
|
$ |
3,409 |
|
|
$ |
4,002 |
|
|
$ |
6,824 |
|
|
$ |
7,226 |
|
|
Gross profit |
|
$ |
456 |
|
|
$ |
619 |
|
|
$ |
1,524 |
|
|
$ |
1,443 |
|
|
Net (loss) income attributable to common
stockholders |
|
$ |
(709 |
) |
|
$ |
(718 |
) |
|
$ |
311 |
|
|
$ |
140 |
|
|
Net (loss) income per share of common stock
attributable to common stockholders, basic |
|
$ |
(4.19 |
) |
|
$ |
(4.22 |
) |
|
$ |
1.82 |
|
|
$ |
0.81 |
|
|
Net (loss) income per share of common stock
attributable to common stockholders, diluted |
|
$ |
(4.19 |
) |
|
$ |
(4.22 |
) |
|
$ |
1.75 |
|
|
$ |
0.78 |
|
|