| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $215M | $299M | $218M | -28.1% | -1.7% |
| Op. Income | $27M | $52M | $22M | -46.8% | 22.8% |
| Gross Margin | 42.1% | 40.1% | 38.6% | 2.0pp | 3.6pp |
| Net Margin | 10.9% | 11.5% | 6.9% | -0.5pp | 4.0pp |
| EPS (Diluted) | $0.91 | $1.32 | $0.59 | -31.1% | 54.2% |
| Free Cash Flow | $26M | $57M | -$2M | -53.8% | 1394.7% |
| Item | Amount |
|---|---|
| REVENUE | $215M |
| Cost of Revenue | $124M |
| GROSS PROFIT | $90M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $55M |
| Other Expenses | $8M |
| Operating Expenses | $63M |
| Cost & Expenses | $187M |
| OPERATING INCOME | $27M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $3M |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $13M |
| EBIT | $28M |
| EBITDA | $41M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $215M |
| Cost of Revenue | $124M |
| GROSS PROFIT | $90M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $55M |
| Other Expenses | $8M |
| Operating Expenses | $63M |
| Cost & Expenses | $187M |
| OPERATING INCOME | $27M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $3M |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $13M |
| EBIT | $28M |
| EBITDA | $41M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $34M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$84.0K |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | -$10M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$18M |
| FREE CASH FLOW | $26M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $71M |
| Short-Term Investments | $0 |
| Net Receivables | $334M |
| Inventory | $219M |
| Other Current Assets | $21M |
| TOTAL CURRENT ASSETS | $646M |
| PP&E (Net) | $207M |
| Goodwill | $532M |
| Intangible Assets | $396M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $76M |
| Short-Term Debt | $20M |
| Deferred Revenue | $130M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $316M |
| Long-Term Debt | $92M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $76M |
| Other Non-Current Liabilities | $38M |
| TOTAL NON-CURRENT LIABILITIES | $242M |
| TOTAL LIABILITIES | $558M |
| Common Stock | $309.0K |
| Additional Paid-In Capital | $308M |
| Retained Earnings | $1.1B |
| Treasury Stock | -$147M |
| Accum. Other Comp. Income | -$29M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $148M |
| Net Debt | $77M |
