| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $607M | — | $603M | — | 0.6% |
| Op. Income | $76M | — | $63M | — | 21.4% |
| Gross Margin | 35.8% | — | 34.0% | — | 1.7pp |
| Net Margin | 10.8% | — | 8.6% | — | 2.2pp |
| EPS (Diluted) | $1.42 | — | $1.12 | — | 26.8% |
| Free Cash Flow | $67M | — | $34M | — | 97.5% |
| Item | Amount |
|---|---|
| REVENUE | $607M |
| Cost of Revenue | $390M |
| GROSS PROFIT | $217M |
| R&D Expenses | $50M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $87M |
| Other Expenses | $3M |
| Operating Expenses | $141M |
| Cost & Expenses | $531M |
| OPERATING INCOME | $76M |
| Interest Income | $12M |
| Interest Expense | $6M |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $82M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $65M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $65M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $65M |
| D&A | $12M |
| EBIT | $75M |
| EBITDA | $87M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $607M |
| Cost of Revenue | $390M |
| GROSS PROFIT | $217M |
| R&D Expenses | $50M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $87M |
| Other Expenses | $3M |
| Operating Expenses | $141M |
| Cost & Expenses | $531M |
| OPERATING INCOME | $76M |
| Interest Income | $12M |
| Interest Expense | $6M |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $82M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $65M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $65M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $65M |
| D&A | $12M |
| EBIT | $75M |
| EBITDA | $87M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $65M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$21M |
| OPERATING CASH FLOW | $72M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$434.0K |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | $67M |
| Net Change in Cash | $72M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $0 |
| Net Receivables | $347M |
| Inventory | $282M |
| Other Current Assets | $151M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $140M |
| Goodwill | $1.1B |
| Intangible Assets | $39M |
| Long-Term Investments | $0 |
| Tax Assets | $315M |
| Other Non-Current Assets | $44M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $3.5B |
| Account Payables | $164M |
| Short-Term Debt | $458M |
| Deferred Revenue | $188M |
| Other Current Liabilities | $65M |
| TOTAL CURRENT LIABILITIES | $983M |
| Long-Term Debt | $786M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $623.0K |
| Other Non-Current Liabilities | $202M |
| TOTAL NON-CURRENT LIABILITIES | $1.0B |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $1.7B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$124M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$96M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $21M |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $3.5B |
| Total Debt | $1.3B |
| Net Debt | $143M |
