| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $827M | $1.6B | $810M | -49.8% | 2.1% |
| Op. Income | -$53M | $158M | -$36M | -133.5% | -49.2% |
| Gross Margin | 49.4% | 50.7% | 48.0% | -1.4pp | 1.3pp |
| Net Margin | -4.9% | 8.6% | -3.5% | -13.4pp | -1.4pp |
| EPS (Diluted) | $-0.12 | $0.41 | $-0.08 | -129.3% | -47.2% |
| Free Cash Flow | -$11M | $816M | $5M | -101.4% | -326.6% |
| Item | Amount |
|---|---|
| REVENUE | $827M |
| Cost of Revenue | $419M |
| GROSS PROFIT | $408M |
| R&D Expenses | $0 |
| Selling & Marketing | $70M |
| General & Administrative | $391M |
| SG&A Expenses | $461M |
| Other Expenses | $0 |
| Operating Expenses | $461M |
| Cost & Expenses | $880M |
| OPERATING INCOME | -$53M |
| Interest Income | $16M |
| Interest Expense | $29M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | -$71M |
| Income Tax Expense | -$31M |
| Net Income from Continuing Ops | -$40M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$40M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$40M |
| D&A | $60M |
| EBIT | -$50M |
| EBITDA | $10M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$40M |
| Depreciation & Amortization | $60M |
| Stock-Based Compensation | $20M |
| Deferred Income Tax | -$13M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $122.0K |
| OPERATING CASH FLOW | $25M |
| Capital Expenditure | -$36M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$31M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$160M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$162M |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | -$144M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $0 |
| Net Receivables | $633M |
| Inventory | $658M |
| Other Current Assets | $251M |
| TOTAL CURRENT ASSETS | $2.8B |
| PP&E (Net) | $832M |
| Goodwill | $1.4B |
| Intangible Assets | $356M |
| Long-Term Investments | $0 |
| Tax Assets | $304M |
| Other Non-Current Assets | $543M |
| TOTAL NON-CURRENT ASSETS | $3.4B |
| TOTAL ASSETS | $6.2B |
| Account Payables | $318M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $166M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $2.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $331M |
| TOTAL NON-CURRENT LIABILITIES | $2.9B |
| TOTAL LIABILITIES | $4.1B |
| Common Stock | $441M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $3.6B |
| Treasury Stock | -$2.7B |
| Accum. Other Comp. Income | -$947M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $6.2B |
| Total Debt | $2.7B |
| Net Debt | $1.4B |
