| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.1B | $1.1B | -5.9% | -0.4% |
| Op. Income | $45M | $103M | $68M | -56.1% | -33.2% |
| Gross Margin | 11.1% | 14.9% | 12.2% | -3.8pp | -1.1pp |
| Net Margin | 1.3% | 5.1% | 2.6% | -3.8pp | -1.3pp |
| EPS (Diluted) | $0.07 | $0.28 | $0.14 | -76.4% | -52.8% |
| Free Cash Flow | -$62M | $19M | -$71M | -434.9% | 11.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $957M |
| GROSS PROFIT | $120M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $73M |
| SG&A Expenses | $73M |
| Other Expenses | $1M |
| Operating Expenses | $75M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $45M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $46M |
| EBIT | $43M |
| EBITDA | $89M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $957M |
| GROSS PROFIT | $120M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $73M |
| SG&A Expenses | $73M |
| Other Expenses | $1M |
| Operating Expenses | $75M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $45M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $46M |
| EBIT | $43M |
| EBITDA | $89M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $46M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | -$69M |
| OPERATING CASH FLOW | -$13M |
| Capital Expenditure | -$49M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$87M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$186.0K |
| NET CASH FROM INVESTING | -$136M |
| Net Debt Issuance | $438M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$13M |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | $419M |
| FREE CASH FLOW | -$62M |
| Net Change in Cash | $270M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $405M |
| Short-Term Investments | $90M |
| Net Receivables | $191M |
| Inventory | $52M |
| Other Current Assets | $124M |
| TOTAL CURRENT ASSETS | $861M |
| PP&E (Net) | $2.2B |
| Goodwill | $0 |
| Intangible Assets | $134M |
| Long-Term Investments | $14M |
| Tax Assets | $106M |
| Other Non-Current Assets | $178M |
| TOTAL NON-CURRENT ASSETS | $2.6B |
| TOTAL ASSETS | $3.5B |
| Account Payables | $298M |
| Short-Term Debt | $283M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $1.0B |
| Long-Term Debt | $931M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $124M |
| TOTAL NON-CURRENT LIABILITIES | $1.9B |
| TOTAL LIABILITIES | $3.0B |
| Common Stock | $523M |
| Additional Paid-In Capital | $9M |
| Retained Earnings | $628M |
| Treasury Stock | -$19M |
| Accum. Other Comp. Income | -$625M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $515M |
| Minority Interest | $2M |
| TOTAL EQUITY | $517M |
| TOTAL LIABILITIES & EQUITY | $3.5B |
| Total Debt | $2.2B |
| Net Debt | $1.8B |
