| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $555M | — | $596M | — | -6.9% |
| Op. Income | $64M | — | $110M | — | -41.7% |
| Gross Margin | 51.8% | — | 50.1% | — | 1.7pp |
| Net Margin | 3.3% | — | 7.7% | — | -4.4pp |
| EPS (Diluted) | $0.34 | — | $1.03 | — | -67.0% |
| Free Cash Flow | $94M | — | $144M | — | -34.7% |
| Item | Amount |
|---|---|
| REVENUE | $555M |
| Cost of Revenue | $267M |
| GROSS PROFIT | $288M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $198M |
| SG&A Expenses | $198M |
| Other Expenses | $26M |
| Operating Expenses | $224M |
| Cost & Expenses | $491M |
| OPERATING INCOME | $64M |
| Interest Income | $8M |
| Interest Expense | $43M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $226M |
| EBIT | $135M |
| EBITDA | $360M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $555M |
| Cost of Revenue | $267M |
| GROSS PROFIT | $288M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $198M |
| SG&A Expenses | $198M |
| Other Expenses | $26M |
| Operating Expenses | $224M |
| Cost & Expenses | $491M |
| OPERATING INCOME | $64M |
| Interest Income | $8M |
| Interest Expense | $43M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $226M |
| EBIT | $135M |
| EBITDA | $360M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $228M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$11M |
| Other Non-Cash Items | $317.0K |
| Change in Working Capital | -$132M |
| OPERATING CASH FLOW | $109M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | -$9M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$13M |
| FREE CASH FLOW | $94M |
| Net Change in Cash | $86M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $870M |
| Short-Term Investments | $0 |
| Net Receivables | $573M |
| Inventory | $0 |
| Other Current Assets | $260M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $200M |
| Goodwill | $251M |
| Intangible Assets | $1.9B |
| Long-Term Investments | $0 |
| Tax Assets | $15M |
| Other Non-Current Assets | $298M |
| TOTAL NON-CURRENT ASSETS | $2.6B |
| TOTAL ASSETS | $4.3B |
| Account Payables | $99M |
| Short-Term Debt | $98M |
| Deferred Revenue | $61M |
| Other Current Liabilities | $287M |
| TOTAL CURRENT LIABILITIES | $753M |
| Long-Term Debt | $2.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $112M |
| Other Non-Current Liabilities | $196M |
| TOTAL NON-CURRENT LIABILITIES | $2.6B |
| TOTAL LIABILITIES | $3.3B |
| Common Stock | $782.0K |
| Additional Paid-In Capital | $425M |
| Retained Earnings | $2.1B |
| Treasury Stock | -$1.4B |
| Accum. Other Comp. Income | -$250M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $889M |
| Minority Interest | $93M |
| TOTAL EQUITY | $982M |
| TOTAL LIABILITIES & EQUITY | $4.3B |
| Total Debt | $2.4B |
| Net Debt | $1.5B |
