| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $373M | $391M | $370M | -4.7% | 0.8% |
| Op. Income | $102M | $114M | $100M | -10.4% | 1.7% |
| Gross Margin | 63.8% | 63.5% | 68.1% | 0.2pp | -4.3pp |
| Net Margin | 19.6% | -3.0% | 35.4% | 22.6pp | -15.9pp |
| EPS (Diluted) | $1.02 | $-0.17 | $1.87 | 700.0% | -45.5% |
| Free Cash Flow | $99M | $139M | $119M | -28.9% | -16.9% |
| Item | Amount |
|---|---|
| REVENUE | $373M |
| Cost of Revenue | $135M |
| GROSS PROFIT | $238M |
| R&D Expenses | $36M |
| Selling & Marketing | $43M |
| General & Administrative | $57M |
| SG&A Expenses | $99M |
| Other Expenses | $0 |
| Operating Expenses | $136M |
| Cost & Expenses | $271M |
| OPERATING INCOME | $102M |
| Interest Income | $9M |
| Interest Expense | $5M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $97M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $73M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $73M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $73M |
| D&A | $14M |
| EBIT | $101M |
| EBITDA | $115M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $373M |
| Cost of Revenue | $135M |
| GROSS PROFIT | $238M |
| R&D Expenses | $36M |
| Selling & Marketing | $43M |
| General & Administrative | $57M |
| SG&A Expenses | $99M |
| Other Expenses | $0 |
| Operating Expenses | $136M |
| Cost & Expenses | $271M |
| OPERATING INCOME | $102M |
| Interest Income | $9M |
| Interest Expense | $5M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $97M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $73M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $73M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $73M |
| D&A | $14M |
| EBIT | $101M |
| EBITDA | $115M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $73M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $16M |
| Change in Working Capital | -$18M |
| OPERATING CASH FLOW | $108M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | -$55M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$64M |
| Net Debt Issuance | -$402.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$20M |
| NET CASH FROM FINANCING | -$18M |
| FREE CASH FLOW | $99M |
| Net Change in Cash | $26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $939M |
| Short-Term Investments | $0 |
| Net Receivables | $349M |
| Inventory | $69M |
| Other Current Assets | $67M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $181M |
| Goodwill | $61M |
| Intangible Assets | $154M |
| Long-Term Investments | $30M |
| Tax Assets | $169M |
| Other Non-Current Assets | $36M |
| TOTAL NON-CURRENT ASSETS | $631M |
| TOTAL ASSETS | $2.1B |
| Account Payables | $45M |
| Short-Term Debt | $747.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $37M |
| TOTAL CURRENT LIABILITIES | $248M |
| Long-Term Debt | $566M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $29M |
| TOTAL NON-CURRENT LIABILITIES | $643M |
| TOTAL LIABILITIES | $891M |
| Common Stock | $716.0K |
| Additional Paid-In Capital | $821M |
| Retained Earnings | $519M |
| Treasury Stock | -$175M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $614M |
| Net Debt | -$324M |
