| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $355M | $355M | $324M | 0.1% | 9.8% |
| Op. Income | $41M | $37M | $36M | 12.2% | 14.2% |
| Gross Margin | 48.4% | 48.7% | 46.9% | -0.3pp | 1.5pp |
| Net Margin | 8.5% | 7.9% | 8.7% | 0.6pp | -0.2pp |
| EPS (Diluted) | $0.49 | $0.46 | $0.48 | 6.5% | 2.1% |
| Free Cash Flow | $19M | $65M | $24M | -70.5% | -19.5% |
| Item | Amount |
|---|---|
| REVENUE | $355M |
| Cost of Revenue | $183M |
| GROSS PROFIT | $172M |
| R&D Expenses | $22M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $107M |
| Other Expenses | $1M |
| Operating Expenses | $131M |
| Cost & Expenses | $314M |
| OPERATING INCOME | $41M |
| Interest Income | $4M |
| Interest Expense | $7M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $32M |
| EBIT | $45M |
| EBITDA | $77M |
| EPS | $1 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $355M |
| Cost of Revenue | $183M |
| GROSS PROFIT | $172M |
| R&D Expenses | $22M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $107M |
| Other Expenses | $1M |
| Operating Expenses | $131M |
| Cost & Expenses | $314M |
| OPERATING INCOME | $41M |
| Interest Income | $4M |
| Interest Expense | $7M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $32M |
| EBIT | $45M |
| EBITDA | $77M |
| EPS | $1 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $30M |
| Depreciation & Amortization | $32M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$33M |
| OPERATING CASH FLOW | $41M |
| Capital Expenditure | -$22M |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$7M |
| NET CASH FROM INVESTING | -$30M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | $19M |
| Net Change in Cash | $19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $396M |
| Short-Term Investments | $0 |
| Net Receivables | $217M |
| Inventory | $318M |
| Other Current Assets | $25M |
| TOTAL CURRENT ASSETS | $959M |
| PP&E (Net) | $478M |
| Goodwill | $464M |
| Intangible Assets | $479M |
| Long-Term Investments | $40M |
| Tax Assets | $16M |
| Other Non-Current Assets | $32M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $2.5B |
| Account Payables | $64M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $197M |
| Long-Term Debt | $731M |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $247.0K |
| Other Non-Current Liabilities | $33M |
| TOTAL NON-CURRENT LIABILITIES | $843M |
| TOTAL LIABILITIES | $1.0B |
| Common Stock | $718M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $726M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$15M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $818M |
| Net Debt | $422M |
