| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $977M | $944M | $1.1B | 3.6% | -8.9% |
| Op. Income | $22M | $13M | $114M | 65.6% | -80.5% |
| Gross Margin | 9.0% | 7.4% | 15.6% | 1.6pp | -6.6pp |
| Net Margin | 2.1% | 5.5% | 7.6% | -3.4pp | -5.6pp |
| EPS (Diluted) | $0.12 | $0.31 | $0.48 | -61.3% | -75.0% |
| Free Cash Flow | $58M | -$26M | $14M | 322.1% | 303.8% |
| Item | Amount |
|---|---|
| REVENUE | $977M |
| Cost of Revenue | $889M |
| GROSS PROFIT | $88M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $66M |
| SG&A Expenses | $66M |
| Other Expenses | $0 |
| Operating Expenses | $66M |
| Cost & Expenses | $955M |
| OPERATING INCOME | $22M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $128M |
| EBIT | $37M |
| EBITDA | $165M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $977M |
| Cost of Revenue | $889M |
| GROSS PROFIT | $88M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $66M |
| SG&A Expenses | $66M |
| Other Expenses | $0 |
| Operating Expenses | $66M |
| Cost & Expenses | $955M |
| OPERATING INCOME | $22M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $128M |
| EBIT | $37M |
| EBITDA | $165M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $128M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$14M |
| Change in Working Capital | $40M |
| OPERATING CASH FLOW | $192M |
| Capital Expenditure | -$134M |
| Acquisitions (Net) | -$15M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $30M |
| Other Investing Activities | $13M |
| NET CASH FROM INVESTING | -$106M |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | -$24M |
| Common Dividends Paid | -$13M |
| Other Financing Activities | -$47M |
| NET CASH FROM FINANCING | -$82M |
| FREE CASH FLOW | $58M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $24M |
| Short-Term Investments | $0 |
| Net Receivables | $544M |
| Inventory | $203M |
| Other Current Assets | $87M |
| TOTAL CURRENT ASSETS | $859M |
| PP&E (Net) | $2.3B |
| Goodwill | $0 |
| Intangible Assets | $13M |
| Long-Term Investments | $69M |
| Tax Assets | $0 |
| Other Non-Current Assets | $119M |
| TOTAL NON-CURRENT ASSETS | $2.5B |
| TOTAL ASSETS | $3.4B |
| Account Payables | $369M |
| Short-Term Debt | $103M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $143M |
| TOTAL CURRENT LIABILITIES | $717M |
| Long-Term Debt | $210M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $138M |
| Other Non-Current Liabilities | $67M |
| TOTAL NON-CURRENT LIABILITIES | $665M |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $2M |
| Additional Paid-In Capital | $966M |
| Retained Earnings | $1.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$20M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $564M |
| Net Debt | $539M |
