| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $320M | $295M | $300M | 8.7% | 6.7% |
| Op. Income | $42M | $26M | $37M | 61.3% | 13.1% |
| Gross Margin | 57.9% | 59.5% | 57.5% | -1.6pp | 0.4pp |
| Net Margin | 9.7% | 5.2% | 9.5% | 4.5pp | 0.2pp |
| EPS (Diluted) | $0.40 | $-0.90 | $0.36 | 144.4% | 11.1% |
| Free Cash Flow | $20M | $24M | $14M | -16.6% | 42.6% |
| Item | Amount |
|---|---|
| REVENUE | $320M |
| Cost of Revenue | $135M |
| GROSS PROFIT | $185M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $19M |
| SG&A Expenses | $19M |
| Other Expenses | $125M |
| Operating Expenses | $143M |
| Cost & Expenses | $278M |
| OPERATING INCOME | $42M |
| Interest Income | $2M |
| Interest Expense | $3M |
| Other Income/Expenses | -$557.0K |
| INCOME BEFORE TAX | $41M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $8M |
| EBIT | $45M |
| EBITDA | $53M |
| EPS | $1 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $320M |
| Cost of Revenue | $135M |
| GROSS PROFIT | $185M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $19M |
| SG&A Expenses | $19M |
| Other Expenses | $125M |
| Operating Expenses | $143M |
| Cost & Expenses | $278M |
| OPERATING INCOME | $42M |
| Interest Income | $2M |
| Interest Expense | $3M |
| Other Income/Expenses | -$557.0K |
| INCOME BEFORE TAX | $41M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $8M |
| EBIT | $45M |
| EBITDA | $53M |
| EPS | $1 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $31M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $478.0K |
| Other Non-Cash Items | $13M |
| Change in Working Capital | -$29M |
| OPERATING CASH FLOW | $26M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$8M |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | -$131.0K |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | $20M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $175M |
| Short-Term Investments | $0 |
| Net Receivables | $352M |
| Inventory | $199M |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $740M |
| PP&E (Net) | $291M |
| Goodwill | $305M |
| Intangible Assets | $57M |
| Long-Term Investments | $14M |
| Tax Assets | $25M |
| Other Non-Current Assets | $68M |
| TOTAL NON-CURRENT ASSETS | $759M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $15M |
| Short-Term Debt | $161M |
| Deferred Revenue | $24M |
| Other Current Liabilities | $35M |
| TOTAL CURRENT LIABILITIES | $254M |
| Long-Term Debt | $182M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $237M |
| TOTAL NON-CURRENT LIABILITIES | $421M |
| TOTAL LIABILITIES | $675M |
| Common Stock | $550.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $536M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$59M |
| Other Equity | $346M |
| TOTAL STOCKHOLDERS' EQUITY | $824M |
| Minority Interest | $0 |
| TOTAL EQUITY | $824M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $343M |
| Net Debt | $169M |
