| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $625M | $666M | $536M | -6.2% | 16.6% |
| Op. Income | $73M | $69M | $53M | 5.0% | 37.0% |
| Gross Margin | 39.3% | 37.5% | 37.6% | 1.8pp | 1.7pp |
| Net Margin | 8.3% | 8.8% | 7.0% | -0.5pp | 1.3pp |
| EPS (Diluted) | $1.27 | $1.42 | $0.90 | -10.6% | 41.1% |
| Free Cash Flow | -$25M | $116M | -$22M | -121.3% | -15.0% |
| Item | Amount |
|---|---|
| REVENUE | $625M |
| Cost of Revenue | $379M |
| GROSS PROFIT | $246M |
| R&D Expenses | $28M |
| Selling & Marketing | $0 |
| General & Administrative | $132M |
| SG&A Expenses | $132M |
| Other Expenses | $13M |
| Operating Expenses | $173M |
| Cost & Expenses | $552M |
| OPERATING INCOME | $73M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $52M |
| D&A | $30M |
| EBIT | $72M |
| EBITDA | $102M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $625M |
| Cost of Revenue | $379M |
| GROSS PROFIT | $246M |
| R&D Expenses | $28M |
| Selling & Marketing | $0 |
| General & Administrative | $132M |
| SG&A Expenses | $132M |
| Other Expenses | $13M |
| Operating Expenses | $173M |
| Cost & Expenses | $552M |
| OPERATING INCOME | $73M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $52M |
| D&A | $30M |
| EBIT | $72M |
| EBITDA | $102M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $52M |
| Depreciation & Amortization | $30M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$82M |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$32M |
| Acquisitions (Net) | $8M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $106.0K |
| NET CASH FROM INVESTING | -$24M |
| Net Debt Issuance | -$422.0K |
| Common Stock Repurchased | -$84M |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$14M |
| NET CASH FROM FINANCING | -$97M |
| FREE CASH FLOW | -$25M |
| Net Change in Cash | -$111M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $259M |
| Short-Term Investments | $0 |
| Net Receivables | $420M |
| Inventory | $373M |
| Other Current Assets | $81M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $622M |
| Goodwill | $1.0B |
| Intangible Assets | $417M |
| Long-Term Investments | $0 |
| Tax Assets | $16M |
| Other Non-Current Assets | $64M |
| TOTAL NON-CURRENT ASSETS | $2.1B |
| TOTAL ASSETS | $3.2B |
| Account Payables | $307M |
| Short-Term Debt | $22M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $588M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $77M |
| Other Non-Current Liabilities | $98M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $503.0K |
| Additional Paid-In Capital | $841M |
| Retained Earnings | $1.2B |
| Treasury Stock | -$804M |
| Accum. Other Comp. Income | -$41M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $3.2B |
| Total Debt | $1.3B |
| Net Debt | $1.0B |
