| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $497M | $524M | $500M | -5.3% | -0.7% |
| Op. Income | $172M | $187M | $168M | -8.3% | 2.3% |
| Gross Margin | 53.6% | 54.5% | 51.9% | -0.8pp | 1.7pp |
| Net Margin | 14.6% | 30.9% | 30.0% | -16.3pp | -15.4pp |
| EPS (Diluted) | $2.20 | $4.50 | $4.14 | -51.1% | -46.9% |
| Free Cash Flow | $211M | $211M | $199M | -0.1% | 5.9% |
| Item | Amount |
|---|---|
| REVENUE | $497M |
| Cost of Revenue | $230M |
| GROSS PROFIT | $266M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $95M |
| Operating Expenses | $95M |
| Cost & Expenses | $325M |
| OPERATING INCOME | $172M |
| Interest Income | $12M |
| Interest Expense | $0 |
| Other Income/Expenses | -$45M |
| INCOME BEFORE TAX | $127M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $99M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $72M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $72M |
| D&A | $9M |
| EBIT | $74M |
| EBITDA | $83M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $497M |
| Cost of Revenue | $230M |
| GROSS PROFIT | $266M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $95M |
| Operating Expenses | $95M |
| Cost & Expenses | $325M |
| OPERATING INCOME | $172M |
| Interest Income | $12M |
| Interest Expense | $0 |
| Other Income/Expenses | -$45M |
| INCOME BEFORE TAX | $127M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $99M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $72M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $72M |
| D&A | $9M |
| EBIT | $74M |
| EBITDA | $83M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $72M |
| Depreciation & Amortization | $86M |
| Stock-Based Compensation | $24M |
| Deferred Income Tax | $8M |
| Other Non-Cash Items | $154M |
| Change in Working Capital | -$131M |
| OPERATING CASH FLOW | $213M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$32M |
| Sales/Maturities of Investments | $44M |
| Other Investing Activities | -$50M |
| NET CASH FROM INVESTING | -$40M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$176M |
| Common Dividends Paid | -$300.0K |
| Other Financing Activities | -$140M |
| NET CASH FROM FINANCING | -$317M |
| FREE CASH FLOW | $211M |
| Net Change in Cash | -$134M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $817M |
| Short-Term Investments | $41M |
| Net Receivables | $582M |
| Inventory | $0 |
| Other Current Assets | $68M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $57M |
| Goodwill | $2.5B |
| Intangible Assets | $1.7B |
| Long-Term Investments | $2.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $222M |
| TOTAL NON-CURRENT ASSETS | $7.2B |
| TOTAL ASSETS | $8.7B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $27M |
| Long-Term Debt | $2.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.5B |
| TOTAL NON-CURRENT LIABILITIES | $4.2B |
| TOTAL LIABILITIES | $4.2B |
| Common Stock | $600.0K |
| Additional Paid-In Capital | $668M |
| Retained Earnings | $7.0B |
| Treasury Stock | -$4.3B |
| Accum. Other Comp. Income | -$176M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.2B |
| Minority Interest | $1.3B |
| TOTAL EQUITY | $4.5B |
| TOTAL LIABILITIES & EQUITY | $8.7B |
| Total Debt | $2.8B |
| Net Debt | $2.0B |
