| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $668M | $647M | $655M | 3.3% | 2.1% |
| Op. Income | $49M | -$89M | $34M | 154.7% | 45.3% |
| Gross Margin | 22.8% | 20.6% | 24.0% | 2.2pp | -1.2pp |
| Net Margin | 3.2% | -20.6% | -0.3% | 23.8pp | 3.4pp |
| EPS (Diluted) | $0.18 | $-1.17 | $-0.02 | 115.3% | 1268.6% |
| Free Cash Flow | $75M | -$79M | $40M | 195.6% | 87.7% |
| Item | Amount |
|---|---|
| REVENUE | $668M |
| Cost of Revenue | $516M |
| GROSS PROFIT | $152M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $72M |
| Other Expenses | $31M |
| Operating Expenses | $103M |
| Cost & Expenses | $619M |
| OPERATING INCOME | $49M |
| Interest Income | $659.0K |
| Interest Expense | $20M |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $30M |
| EBIT | $49M |
| EBITDA | $79M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $668M |
| Cost of Revenue | $516M |
| GROSS PROFIT | $152M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $72M |
| Other Expenses | $31M |
| Operating Expenses | $103M |
| Cost & Expenses | $619M |
| OPERATING INCOME | $49M |
| Interest Income | $659.0K |
| Interest Expense | $20M |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $30M |
| EBIT | $49M |
| EBITDA | $79M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $21M |
| Depreciation & Amortization | $30M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $42M |
| OPERATING CASH FLOW | $98M |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | -$6M |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | $167.0K |
| NET CASH FROM INVESTING | -$28M |
| Net Debt Issuance | -$417.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$680.0K |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | $75M |
| Net Change in Cash | $69M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $131M |
| Short-Term Investments | $0 |
| Net Receivables | $96M |
| Inventory | $0 |
| Other Current Assets | $58M |
| TOTAL CURRENT ASSETS | $285M |
| PP&E (Net) | $1.8B |
| Goodwill | $1.1B |
| Intangible Assets | $427M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $81M |
| TOTAL NON-CURRENT ASSETS | $3.4B |
| TOTAL ASSETS | $3.7B |
| Account Payables | $184M |
| Short-Term Debt | $10M |
| Deferred Revenue | $31M |
| Other Current Liabilities | $97M |
| TOTAL CURRENT LIABILITIES | $470M |
| Long-Term Debt | $918M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $27M |
| Other Non-Current Liabilities | $97M |
| TOTAL NON-CURRENT LIABILITIES | $2.4B |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $1M |
| Additional Paid-In Capital | $834M |
| Retained Earnings | $51M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $885M |
| Minority Interest | $0 |
| TOTAL EQUITY | $885M |
| TOTAL LIABILITIES & EQUITY | $3.7B |
| Total Debt | $2.4B |
| Net Debt | $2.3B |
