| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $580M | $589M | — | -1.5% | — |
| Op. Income | $75M | $53M | — | 42.1% | — |
| Gross Margin | 23.2% | 25.0% | — | -1.8pp | — |
| Net Margin | 4.3% | 2.7% | — | 1.7pp | — |
| EPS (Diluted) | $0.14 | $0.09 | — | 58.3% | — |
| Free Cash Flow | $82M | $107M | — | -23.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $580M |
| Cost of Revenue | $446M |
| GROSS PROFIT | $135M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $60M |
| Operating Expenses | $60M |
| Cost & Expenses | $506M |
| OPERATING INCOME | $75M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | -$29M |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $41M |
| EBIT | $75M |
| EBITDA | $116M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $580M |
| Cost of Revenue | $446M |
| GROSS PROFIT | $135M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $60M |
| Operating Expenses | $60M |
| Cost & Expenses | $506M |
| OPERATING INCOME | $75M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | -$29M |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $41M |
| EBIT | $75M |
| EBITDA | $116M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $24M |
| Depreciation & Amortization | $39M |
| Stock-Based Compensation | -$3M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $34M |
| OPERATING CASH FLOW | $96M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$12M |
| NET CASH FROM INVESTING | -$26M |
| Net Debt Issuance | -$80M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$6M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$86M |
| FREE CASH FLOW | $82M |
| Net Change in Cash | -$17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $75M |
| Short-Term Investments | $5M |
| Net Receivables | $594M |
| Inventory | $323M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $848M |
| Goodwill | $423M |
| Intangible Assets | $35M |
| Long-Term Investments | $0 |
| Tax Assets | $24M |
| Other Non-Current Assets | $392M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $2.8B |
| Account Payables | $410M |
| Short-Term Debt | $0 |
| Deferred Revenue | $401M |
| Other Current Liabilities | $21M |
| TOTAL CURRENT LIABILITIES | $926M |
| Long-Term Debt | $639M |
| Deferred Revenue NC | $11M |
| Deferred Tax Liabilities | $45M |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $757M |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $505M |
| Additional Paid-In Capital | $678M |
| Retained Earnings | $101M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$209M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $707M |
| Net Debt | $632M |
