| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $514M | $520M | $416M | -1.3% | 23.5% |
| Op. Income | $95M | $103M | $73M | -7.7% | 29.2% |
| Gross Margin | 38.5% | 36.7% | 36.6% | 1.8pp | 1.9pp |
| Net Margin | 17.3% | 15.6% | 14.8% | 1.7pp | 2.6pp |
| EPS (Diluted) | $1.30 | $1.18 | $0.90 | 10.2% | 44.4% |
| Free Cash Flow | -$75M | $213M | -$149M | -135.4% | 49.5% |
| Item | Amount |
|---|---|
| REVENUE | $514M |
| Cost of Revenue | $316M |
| GROSS PROFIT | $198M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $44M |
| SG&A Expenses | $44M |
| Other Expenses | $59M |
| Operating Expenses | $103M |
| Cost & Expenses | $419M |
| OPERATING INCOME | $95M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $100M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $89M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $89M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $89M |
| D&A | $9M |
| EBIT | $110M |
| EBITDA | $119M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $514M |
| Cost of Revenue | $316M |
| GROSS PROFIT | $198M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $44M |
| SG&A Expenses | $44M |
| Other Expenses | $59M |
| Operating Expenses | $103M |
| Cost & Expenses | $419M |
| OPERATING INCOME | $95M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $100M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $89M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $89M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $89M |
| D&A | $9M |
| EBIT | $110M |
| EBITDA | $119M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $89M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $33M |
| Deferred Income Tax | $9M |
| Other Non-Cash Items | $12M |
| Change in Working Capital | -$217M |
| OPERATING CASH FLOW | -$65M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | -$32M |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$40M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$240.0K |
| Common Dividends Paid | -$51M |
| Other Financing Activities | -$110M |
| NET CASH FROM FINANCING | -$161M |
| FREE CASH FLOW | -$75M |
| Net Change in Cash | -$272M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $450M |
| Short-Term Investments | $9M |
| Net Receivables | $397M |
| Inventory | $0 |
| Other Current Assets | $619.0K |
| TOTAL CURRENT ASSETS | $857M |
| PP&E (Net) | $506M |
| Goodwill | $1.2B |
| Intangible Assets | $199M |
| Long-Term Investments | $26M |
| Tax Assets | $81M |
| Other Non-Current Assets | $100M |
| TOTAL NON-CURRENT ASSETS | $2.1B |
| TOTAL ASSETS | $2.9B |
| Account Payables | $110M |
| Short-Term Debt | $0 |
| Deferred Revenue | $37M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $638M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $8M |
| Other Non-Current Liabilities | $33M |
| TOTAL NON-CURRENT LIABILITIES | $476M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $69.0K |
| Additional Paid-In Capital | $692M |
| Retained Earnings | $1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$70M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $2.9B |
| Total Debt | $435M |
| Net Debt | -$14M |
