| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $585M | $667M | $611M | -12.3% | -4.2% |
| Op. Income | $24M | $58M | $52M | -59.4% | -54.4% |
| Gross Margin | 52.3% | 51.2% | 53.4% | 1.0pp | -1.2pp |
| Net Margin | 10.9% | -107.2% | 62.9% | 118.2pp | -51.9pp |
| EPS (Diluted) | $2.29 | $-25.57 | $13.45 | 109.0% | -83.0% |
| Free Cash Flow | $96M | $81M | $30M | 17.5% | 222.5% |
| Item | Amount |
|---|---|
| REVENUE | $585M |
| Cost of Revenue | $279M |
| GROSS PROFIT | $306M |
| R&D Expenses | $74M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $209M |
| Other Expenses | $0 |
| Operating Expenses | $282M |
| Cost & Expenses | $562M |
| OPERATING INCOME | $24M |
| Interest Income | $36M |
| Interest Expense | $12M |
| Other Income/Expenses | $60M |
| INCOME BEFORE TAX | $83M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $64M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $64M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $64M |
| D&A | $38M |
| EBIT | $95M |
| EBITDA | $134M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $585M |
| Cost of Revenue | $279M |
| GROSS PROFIT | $306M |
| R&D Expenses | $74M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $209M |
| Other Expenses | $0 |
| Operating Expenses | $282M |
| Cost & Expenses | $562M |
| OPERATING INCOME | $24M |
| Interest Income | $36M |
| Interest Expense | $12M |
| Other Income/Expenses | $60M |
| INCOME BEFORE TAX | $83M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $64M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $64M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $64M |
| D&A | $38M |
| EBIT | $95M |
| EBITDA | $134M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $64M |
| Depreciation & Amortization | $38M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$31M |
| Change in Working Capital | $44M |
| OPERATING CASH FLOW | $130M |
| Capital Expenditure | -$34M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$153M |
| Sales/Maturities of Investments | $191M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $3M |
| Net Debt Issuance | -$100.0K |
| Common Stock Repurchased | -$102M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$98M |
| FREE CASH FLOW | $96M |
| Net Change in Cash | $33M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $521M |
| Short-Term Investments | $1.1B |
| Net Receivables | $425M |
| Inventory | $790M |
| Other Current Assets | $36M |
| TOTAL CURRENT ASSETS | $3.0B |
| PP&E (Net) | $682M |
| Goodwill | $415M |
| Intangible Assets | $296M |
| Long-Term Investments | $5.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $104M |
| TOTAL NON-CURRENT ASSETS | $6.5B |
| TOTAL ASSETS | $9.5B |
| Account Payables | $138M |
| Short-Term Debt | $1M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $132M |
| TOTAL CURRENT LIABILITIES | $507M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $841M |
| Other Non-Current Liabilities | $173M |
| TOTAL NON-CURRENT LIABILITIES | $2.3B |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $0 |
| Additional Paid-In Capital | $476M |
| Retained Earnings | $7.5B |
| Treasury Stock | -$867M |
| Accum. Other Comp. Income | -$410M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.7B |
| TOTAL LIABILITIES & EQUITY | $9.5B |
| Total Debt | $1.4B |
| Net Debt | $848M |
