| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.1B | $2.0B | $1.9B | 0.9% | 11.2% |
| Op. Income | $180M | $198M | $137M | -9.1% | 30.9% |
| Gross Margin | 8.7% | 9.7% | 7.4% | -1.0pp | 1.3pp |
| Net Margin | 5.8% | 6.6% | 4.7% | -0.8pp | 1.2pp |
| EPS (Diluted) | $5.33 | $5.98 | $3.76 | -10.9% | 41.8% |
| Free Cash Flow | $23M | $135M | $56M | -82.8% | -58.7% |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $180M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $180M |
| Interest Income | $0 |
| Interest Expense | $24M |
| Other Income/Expenses | -$24M |
| INCOME BEFORE TAX | $156M |
| Income Tax Expense | $36M |
| Net Income from Continuing Ops | $120M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $120M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $120M |
| D&A | $35M |
| EBIT | $180M |
| EBITDA | $215M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $180M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $180M |
| Interest Income | $0 |
| Interest Expense | $24M |
| Other Income/Expenses | -$24M |
| INCOME BEFORE TAX | $156M |
| Income Tax Expense | $36M |
| Net Income from Continuing Ops | $120M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $120M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $120M |
| D&A | $35M |
| EBIT | $180M |
| EBITDA | $215M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $120M |
| Depreciation & Amortization | $35M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $549.0K |
| Change in Working Capital | -$129M |
| OPERATING CASH FLOW | $35M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | -$251.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | $280M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $279M |
| FREE CASH FLOW | $23M |
| Net Change in Cash | $307M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $441M |
| Short-Term Investments | $0 |
| Net Receivables | $1.1B |
| Inventory | $127M |
| Other Current Assets | $109M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $531M |
| Goodwill | $4.2B |
| Intangible Assets | $457M |
| Long-Term Investments | $41M |
| Tax Assets | $157M |
| Other Non-Current Assets | $84M |
| TOTAL NON-CURRENT ASSETS | $5.4B |
| TOTAL ASSETS | $7.2B |
| Account Payables | $264M |
| Short-Term Debt | $61M |
| Deferred Revenue | $159M |
| Other Current Liabilities | $276M |
| TOTAL CURRENT LIABILITIES | $1.0B |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $5M |
| Deferred Tax Liabilities | $157M |
| Other Non-Current Liabilities | $227M |
| TOTAL NON-CURRENT LIABILITIES | $2.5B |
| TOTAL LIABILITIES | $3.5B |
| Common Stock | $4M |
| Additional Paid-In Capital | $646M |
| Retained Earnings | $4.5B |
| Treasury Stock | -$1.5B |
| Accum. Other Comp. Income | -$14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.7B |
| TOTAL LIABILITIES & EQUITY | $7.2B |
| Total Debt | $2.2B |
| Net Debt | $1.8B |
