| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.9B | $3.1B | $2.9B | -7.1% | -0.8% |
| Op. Income | $179M | $207M | $194M | -13.7% | -8.1% |
| Gross Margin | 16.7% | 16.9% | 16.9% | -0.1pp | -0.2pp |
| Net Margin | 4.0% | 4.9% | 4.3% | -0.9pp | -0.3pp |
| EPS (Diluted) | $1.17 | $1.53 | $1.22 | -23.5% | -4.1% |
| Free Cash Flow | $158M | $93M | $263M | 69.7% | -39.8% |
| Item | Amount |
|---|---|
| REVENUE | $2.9B |
| Cost of Revenue | $2.4B |
| GROSS PROFIT | $489M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $169M |
| SG&A Expenses | $169M |
| Other Expenses | $141M |
| Operating Expenses | $310M |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | $179M |
| Interest Income | $0 |
| Interest Expense | $19M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $160M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $118M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $118M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $118M |
| D&A | $179M |
| EBIT | $179M |
| EBITDA | $358M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.9B |
| Cost of Revenue | $2.4B |
| GROSS PROFIT | $489M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $169M |
| SG&A Expenses | $169M |
| Other Expenses | $141M |
| Operating Expenses | $310M |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | $179M |
| Interest Income | $0 |
| Interest Expense | $19M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $160M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $118M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $118M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $118M |
| D&A | $179M |
| EBIT | $179M |
| EBITDA | $358M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $118M |
| Depreciation & Amortization | $179M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | -$36M |
| Other Non-Cash Items | $31M |
| Change in Working Capital | $94M |
| OPERATING CASH FLOW | $404M |
| Capital Expenditure | -$246M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $21M |
| NET CASH FROM INVESTING | -$225M |
| Net Debt Issuance | $101M |
| Common Stock Repurchased | -$240M |
| Common Dividends Paid | -$44M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$183M |
| FREE CASH FLOW | $158M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $43M |
| Short-Term Investments | $0 |
| Net Receivables | $1.2B |
| Inventory | $0 |
| Other Current Assets | $424M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $5.8B |
| Goodwill | $0 |
| Intangible Assets | $226M |
| Long-Term Investments | $35M |
| Tax Assets | $0 |
| Other Non-Current Assets | $565M |
| TOTAL NON-CURRENT ASSETS | $6.6B |
| TOTAL ASSETS | $8.3B |
| Account Payables | $641M |
| Short-Term Debt | $699M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.9B |
| Long-Term Debt | $880M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $860M |
| Other Non-Current Liabilities | $774M |
| TOTAL NON-CURRENT LIABILITIES | $2.5B |
| TOTAL LIABILITIES | $4.4B |
| Common Stock | $2M |
| Additional Paid-In Capital | $597M |
| Retained Earnings | $7.4B |
| Treasury Stock | -$4.2B |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.9B |
| TOTAL LIABILITIES & EQUITY | $8.3B |
| Total Debt | $1.6B |
| Net Debt | $1.5B |
