| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $331M | $345M | $339M | -4.3% | -2.5% |
| Op. Income | $87M | $87M | $80M | -0.1% | 8.3% |
| Gross Margin | 52.1% | 49.8% | 51.1% | 2.3pp | 1.0pp |
| Net Margin | 21.0% | 23.2% | 21.1% | -2.2pp | -0.0pp |
| EPS (Diluted) | $0.98 | $1.12 | $0.98 | -12.5% | 0.0% |
| Free Cash Flow | $96M | $86M | $87M | 12.1% | 10.3% |
| Item | Amount |
|---|---|
| REVENUE | $331M |
| Cost of Revenue | $158M |
| GROSS PROFIT | $172M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $46M |
| SG&A Expenses | $48M |
| Other Expenses | $38M |
| Operating Expenses | $86M |
| Cost & Expenses | $244M |
| OPERATING INCOME | $87M |
| Interest Income | $319M |
| Interest Expense | $143M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $87M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $70M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $70M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $70M |
| D&A | $4M |
| EBIT | $87M |
| EBITDA | $91M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $331M |
| Cost of Revenue | $158M |
| GROSS PROFIT | $172M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $46M |
| SG&A Expenses | $48M |
| Other Expenses | $38M |
| Operating Expenses | $86M |
| Cost & Expenses | $244M |
| OPERATING INCOME | $87M |
| Interest Income | $319M |
| Interest Expense | $143M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $87M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $70M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $70M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $70M |
| D&A | $4M |
| EBIT | $87M |
| EBITDA | $91M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $70M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $978.0K |
| Other Non-Cash Items | $23M |
| Change in Working Capital | -$543.0K |
| OPERATING CASH FLOW | $99M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$465M |
| Sales/Maturities of Investments | $603M |
| Other Investing Activities | $10M |
| NET CASH FROM INVESTING | $145M |
| Net Debt Issuance | $35M |
| Common Stock Repurchased | -$41M |
| Common Dividends Paid | -$24M |
| Other Financing Activities | $130M |
| NET CASH FROM FINANCING | $101M |
| FREE CASH FLOW | $96M |
| Net Change in Cash | $345M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $175M |
| Short-Term Investments | $1.8B |
| Net Receivables | $96M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $120M |
| Goodwill | $376M |
| Intangible Assets | $3M |
| Long-Term Investments | $20.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $297M |
| TOTAL NON-CURRENT ASSETS | $21.1B |
| TOTAL ASSETS | $23.2B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $19.8B |
| TOTAL CURRENT LIABILITIES | $19.8B |
| Long-Term Debt | $232M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $258M |
| TOTAL NON-CURRENT LIABILITIES | $522M |
| TOTAL LIABILITIES | $20.3B |
| Common Stock | $916.0K |
| Additional Paid-In Capital | $995M |
| Retained Earnings | $2.7B |
| Treasury Stock | -$793M |
| Accum. Other Comp. Income | -$72M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $23.2B |
| Total Debt | $264M |
| Net Debt | $89M |
