| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.1B | $1.0B | 3.6% | 16.1% |
| Op. Income | $101M | $101M | $82M | 0.6% | 23.3% |
| Gross Margin | 16.0% | 15.8% | 15.7% | 0.2pp | 0.3pp |
| Net Margin | 6.8% | 7.0% | 6.8% | -0.2pp | 0.0pp |
| EPS (Diluted) | $1.37 | $1.36 | $1.19 | 0.7% | 15.1% |
| Free Cash Flow | $29M | $52M | $6M | -44.0% | 398.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $985M |
| GROSS PROFIT | $188M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $63M |
| SG&A Expenses | $63M |
| Other Expenses | $24M |
| Operating Expenses | $87M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $101M |
| Interest Income | $7M |
| Interest Expense | $2M |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $107M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $80M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $80M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $80M |
| D&A | $24M |
| EBIT | $109M |
| EBITDA | $133M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $985M |
| GROSS PROFIT | $188M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $63M |
| SG&A Expenses | $63M |
| Other Expenses | $24M |
| Operating Expenses | $87M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $101M |
| Interest Income | $7M |
| Interest Expense | $2M |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $107M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $80M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $80M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $80M |
| D&A | $24M |
| EBIT | $109M |
| EBITDA | $133M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $80M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$44M |
| OPERATING CASH FLOW | $72M |
| Capital Expenditure | -$43M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$26M |
| Sales/Maturities of Investments | $18M |
| Other Investing Activities | -$193M |
| NET CASH FROM INVESTING | -$244M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$11M |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | -$10M |
| FREE CASH FLOW | $29M |
| Net Change in Cash | -$182M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $283M |
| Short-Term Investments | $62M |
| Net Receivables | $584M |
| Inventory | $0 |
| Other Current Assets | $58M |
| TOTAL CURRENT ASSETS | $986M |
| PP&E (Net) | $3.4B |
| Goodwill | $106M |
| Intangible Assets | $7M |
| Long-Term Investments | $0 |
| Tax Assets | $66M |
| Other Non-Current Assets | $238M |
| TOTAL NON-CURRENT ASSETS | $3.8B |
| TOTAL ASSETS | $4.8B |
| Account Payables | $95M |
| Short-Term Debt | $4M |
| Deferred Revenue | $15M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $705M |
| Long-Term Debt | $141M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $217M |
| TOTAL NON-CURRENT LIABILITIES | $2.1B |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $61.0K |
| Additional Paid-In Capital | $552M |
| Retained Earnings | $1.5B |
| Treasury Stock | -$129M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $3M |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $4.8B |
| Total Debt | $2.0B |
| Net Debt | $1.7B |
