| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.6B | $1.3B | -17.0% | 8.2% |
| Op. Income | $194M | $399M | $1.4B | -51.4% | -86.3% |
| Gross Margin | 24.8% | 30.0% | 21.7% | -5.3pp | 3.0pp |
| Net Margin | 8.6% | 18.0% | 83.5% | -9.5pp | -75.0pp |
| EPS (Diluted) | $1.90 | $4.79 | $16.87 | -60.3% | -88.7% |
| Free Cash Flow | -$15M | $453M | -$28M | -103.3% | 46.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $335M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $130M |
| Other Expenses | $11M |
| Operating Expenses | $141M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $194M |
| Interest Income | $0 |
| Interest Expense | $56M |
| Other Income/Expenses | -$46M |
| INCOME BEFORE TAX | $148M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $116M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $116M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $116M |
| D&A | $154M |
| EBIT | $204M |
| EBITDA | $358M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $335M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $130M |
| Other Expenses | $11M |
| Operating Expenses | $141M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $194M |
| Interest Income | $0 |
| Interest Expense | $56M |
| Other Income/Expenses | -$46M |
| INCOME BEFORE TAX | $148M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $116M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $116M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $116M |
| D&A | $154M |
| EBIT | $204M |
| EBITDA | $358M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $116M |
| Depreciation & Amortization | $154M |
| Stock-Based Compensation | $31M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$86M |
| OPERATING CASH FLOW | $218M |
| Capital Expenditure | -$233M |
| Acquisitions (Net) | -$18M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$11M |
| NET CASH FROM INVESTING | -$262M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | -$450M |
| Common Dividends Paid | -$49M |
| Other Financing Activities | -$21M |
| NET CASH FROM FINANCING | -$525M |
| FREE CASH FLOW | -$15M |
| Net Change in Cash | -$569M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $101M |
| Short-Term Investments | $0 |
| Net Receivables | $733M |
| Inventory | $1.2B |
| Other Current Assets | $96M |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $10.5B |
| Goodwill | $3.8B |
| Intangible Assets | $721M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $653M |
| TOTAL NON-CURRENT ASSETS | $15.6B |
| TOTAL ASSETS | $17.7B |
| Account Payables | $298M |
| Short-Term Debt | $125M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $168M |
| TOTAL CURRENT LIABILITIES | $935M |
| Long-Term Debt | $5.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.2B |
| Other Non-Current Liabilities | $910M |
| TOTAL NON-CURRENT LIABILITIES | $7.7B |
| TOTAL LIABILITIES | $8.6B |
| Common Stock | $1M |
| Additional Paid-In Capital | $3.6B |
| Retained Earnings | $5.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.1B |
| Minority Interest | $3M |
| TOTAL EQUITY | $9.1B |
| TOTAL LIABILITIES & EQUITY | $17.7B |
| Total Debt | $5.8B |
| Net Debt | $5.7B |
