| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.2B | $1.1B | -2.7% | 7.4% |
| Op. Income | $184M | $190M | $160M | -3.4% | 14.8% |
| Gross Margin | 35.3% | 35.7% | 35.0% | -0.4pp | 0.3pp |
| Net Margin | 10.8% | 11.4% | 10.3% | -0.6pp | 0.4pp |
| EPS (Diluted) | $0.73 | $0.79 | $0.64 | -7.6% | 14.1% |
| Free Cash Flow | $18M | $183M | -$50M | -90.2% | 135.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $786M |
| GROSS PROFIT | $429M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $241M |
| Other Expenses | $4M |
| Operating Expenses | $245M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $184M |
| Interest Income | $6M |
| Interest Expense | $18M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $175M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | $131M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $131M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $131M |
| D&A | $21M |
| EBIT | $193M |
| EBITDA | $214M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $786M |
| GROSS PROFIT | $429M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $241M |
| Other Expenses | $4M |
| Operating Expenses | $245M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $184M |
| Interest Income | $6M |
| Interest Expense | $18M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $175M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | $131M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $131M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $131M |
| D&A | $21M |
| EBIT | $193M |
| EBITDA | $214M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $131M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $8M |
| Other Non-Cash Items | $33M |
| Change in Working Capital | -$151M |
| OPERATING CASH FLOW | $40M |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $23M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $779.0K |
| Net Debt Issuance | -$9M |
| Common Stock Repurchased | -$63M |
| Common Dividends Paid | -$30M |
| Other Financing Activities | -$31M |
| NET CASH FROM FINANCING | -$126M |
| FREE CASH FLOW | $18M |
| Net Change in Cash | -$87M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $562M |
| Short-Term Investments | $0 |
| Net Receivables | $1.2B |
| Inventory | $0 |
| Other Current Assets | $33M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $395M |
| Goodwill | $1.7B |
| Intangible Assets | $23M |
| Long-Term Investments | $6M |
| Tax Assets | $258M |
| Other Non-Current Assets | $597M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $4.9B |
| Account Payables | $37M |
| Short-Term Debt | $26M |
| Deferred Revenue | $98M |
| Other Current Liabilities | $349M |
| TOTAL CURRENT LIABILITIES | $792M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $105M |
| Deferred Tax Liabilities | $16M |
| Other Non-Current Liabilities | $174M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$765M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $4.9B |
| Total Debt | $1.4B |
| Net Debt | $882M |
