| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $501M | $481M | $437M | 4.1% | 14.8% |
| Op. Income | $78M | $71M | $62M | 10.1% | 27.5% |
| Gross Margin | 38.6% | 38.1% | 37.4% | 0.5pp | 1.2pp |
| Net Margin | 13.3% | 10.5% | 11.2% | 2.8pp | 2.1pp |
| EPS (Diluted) | $0.40 | $0.31 | $0.29 | 29.0% | 37.9% |
| Free Cash Flow | -$10M | $95M | -$33M | -110.2% | 70.7% |
| Item | Amount |
|---|---|
| REVENUE | $501M |
| Cost of Revenue | $308M |
| GROSS PROFIT | $193M |
| R&D Expenses | $0 |
| Selling & Marketing | $42M |
| General & Administrative | $59M |
| SG&A Expenses | $101M |
| Other Expenses | $14M |
| Operating Expenses | $115M |
| Cost & Expenses | $423M |
| OPERATING INCOME | $78M |
| Interest Income | $3M |
| Interest Expense | $4M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $80M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $67M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $67M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $67M |
| D&A | $20M |
| EBIT | $84M |
| EBITDA | $104M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $501M |
| Cost of Revenue | $308M |
| GROSS PROFIT | $193M |
| R&D Expenses | $0 |
| Selling & Marketing | $42M |
| General & Administrative | $59M |
| SG&A Expenses | $101M |
| Other Expenses | $14M |
| Operating Expenses | $115M |
| Cost & Expenses | $423M |
| OPERATING INCOME | $78M |
| Interest Income | $3M |
| Interest Expense | $4M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $80M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $67M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $67M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $67M |
| D&A | $20M |
| EBIT | $84M |
| EBITDA | $104M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $67M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | $88.0K |
| Change in Working Capital | -$94M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$90M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $81M |
| NET CASH FROM INVESTING | -$22M |
| Net Debt Issuance | $19M |
| Common Stock Repurchased | -$18M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$10M |
| Net Change in Cash | -$13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $150M |
| Short-Term Investments | $191M |
| Net Receivables | $401M |
| Inventory | $0 |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $826M |
| PP&E (Net) | $178M |
| Goodwill | $420M |
| Intangible Assets | $46M |
| Long-Term Investments | $34M |
| Tax Assets | $110M |
| Other Non-Current Assets | $62M |
| TOTAL NON-CURRENT ASSETS | $850M |
| TOTAL ASSETS | $1.7B |
| Account Payables | $6M |
| Short-Term Debt | $22M |
| Deferred Revenue | $20M |
| Other Current Liabilities | $132M |
| TOTAL CURRENT LIABILITIES | $244M |
| Long-Term Debt | $302M |
| Deferred Revenue NC | $22M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $34M |
| TOTAL NON-CURRENT LIABILITIES | $421M |
| TOTAL LIABILITIES | $665M |
| Common Stock | $207.0K |
| Additional Paid-In Capital | $610M |
| Retained Earnings | $1.3B |
| Treasury Stock | -$804M |
| Accum. Other Comp. Income | -$143M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $386M |
| Net Debt | $236M |
