| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $703M | — | $708M | — | -0.6% |
| Op. Income | $115M | — | $121M | — | -5.6% |
| Gross Margin | 47.9% | — | 48.4% | — | -0.5pp |
| Net Margin | 14.1% | — | 12.4% | — | 1.7pp |
| EPS (Diluted) | $1.62 | — | $1.35 | — | 20.0% |
| Free Cash Flow | -$132M | — | -$117M | — | -12.6% |
| Item | Amount |
|---|---|
| REVENUE | $703M |
| Cost of Revenue | $366M |
| GROSS PROFIT | $337M |
| R&D Expenses | $19M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $200M |
| Other Expenses | $3M |
| Operating Expenses | $223M |
| Cost & Expenses | $589M |
| OPERATING INCOME | $115M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $121M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $99M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $99M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $99M |
| D&A | $14M |
| EBIT | $134M |
| EBITDA | $149M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $703M |
| Cost of Revenue | $366M |
| GROSS PROFIT | $337M |
| R&D Expenses | $19M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $200M |
| Other Expenses | $3M |
| Operating Expenses | $223M |
| Cost & Expenses | $589M |
| OPERATING INCOME | $115M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $121M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $99M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $99M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $99M |
| D&A | $14M |
| EBIT | $134M |
| EBITDA | $149M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $99M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | -$22M |
| Change in Working Capital | -$223M |
| OPERATING CASH FLOW | -$120M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | $178M |
| Common Stock Repurchased | -$36M |
| Common Dividends Paid | -$15M |
| Other Financing Activities | -$10M |
| NET CASH FROM FINANCING | $118M |
| FREE CASH FLOW | -$132M |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $41M |
| Short-Term Investments | $0 |
| Net Receivables | $477M |
| Inventory | $538M |
| Other Current Assets | $133M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $319M |
| Goodwill | $222M |
| Intangible Assets | $520M |
| Long-Term Investments | $14M |
| Tax Assets | $30M |
| Other Non-Current Assets | $109M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $187M |
| Short-Term Debt | $18M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $59M |
| TOTAL CURRENT LIABILITIES | $538M |
| Long-Term Debt | $926M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $8M |
| Other Non-Current Liabilities | $146M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $61.0K |
| Additional Paid-In Capital | $778M |
| Retained Earnings | $235M |
| Treasury Stock | -$99M |
| Accum. Other Comp. Income | -$134M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $780M |
| Minority Interest | $4M |
| TOTAL EQUITY | $784M |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $944M |
| Net Debt | $904M |
