| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $469M | $349M | $487M | 34.4% | -3.7% |
| Op. Income | $74M | $51M | $79M | 45.2% | -6.6% |
| Gross Margin | 31.0% | 25.7% | 30.8% | 5.2pp | 0.1pp |
| Net Margin | 7.2% | 6.3% | 7.9% | 0.9pp | -0.8pp |
| EPS (Diluted) | $1.75 | $1.13 | $1.93 | 54.9% | -9.3% |
| Free Cash Flow | $71M | -$153.0K | -$62M | 46215.7% | 214.7% |
| Item | Amount |
|---|---|
| REVENUE | $469M |
| Cost of Revenue | $324M |
| GROSS PROFIT | $145M |
| R&D Expenses | $0 |
| Selling & Marketing | $11M |
| General & Administrative | $40M |
| SG&A Expenses | $50M |
| Other Expenses | $21M |
| Operating Expenses | $71M |
| Cost & Expenses | $395M |
| OPERATING INCOME | $74M |
| Interest Income | $562.0K |
| Interest Expense | $25M |
| Other Income/Expenses | -$26M |
| INCOME BEFORE TAX | $48M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $18M |
| EBIT | $73M |
| EBITDA | $91M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $469M |
| Cost of Revenue | $324M |
| GROSS PROFIT | $145M |
| R&D Expenses | $0 |
| Selling & Marketing | $11M |
| General & Administrative | $40M |
| SG&A Expenses | $50M |
| Other Expenses | $21M |
| Operating Expenses | $71M |
| Cost & Expenses | $395M |
| OPERATING INCOME | $74M |
| Interest Income | $562.0K |
| Interest Expense | $25M |
| Other Income/Expenses | -$26M |
| INCOME BEFORE TAX | $48M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $18M |
| EBIT | $73M |
| EBITDA | $91M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $34M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $914.0K |
| Change in Working Capital | $46M |
| OPERATING CASH FLOW | $106M |
| Capital Expenditure | -$35M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $9M |
| NET CASH FROM INVESTING | -$26M |
| Net Debt Issuance | -$13M |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | -$8M |
| Other Financing Activities | $1.0K |
| NET CASH FROM FINANCING | -$29M |
| FREE CASH FLOW | $71M |
| Net Change in Cash | $50M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $75M |
| Short-Term Investments | $0 |
| Net Receivables | $68M |
| Inventory | $4M |
| Other Current Assets | $59M |
| TOTAL CURRENT ASSETS | $214M |
| PP&E (Net) | $1.9B |
| Goodwill | $161M |
| Intangible Assets | $294M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $251M |
| TOTAL NON-CURRENT ASSETS | $2.6B |
| TOTAL ASSETS | $2.8B |
| Account Payables | $69M |
| Short-Term Debt | $30M |
| Deferred Revenue | $7M |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $427M |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $45M |
| Deferred Tax Liabilities | $12M |
| Other Non-Current Liabilities | $134M |
| TOTAL NON-CURRENT LIABILITIES | $3.2B |
| TOTAL LIABILITIES | $3.6B |
| Common Stock | $829.0K |
| Additional Paid-In Capital | $538M |
| Retained Earnings | $1.9B |
| Treasury Stock | -$3.2B |
| Accum. Other Comp. Income | -$57M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$827M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$827M |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $3.2B |
| Net Debt | $3.1B |
