| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $910M | — | $857M | — | 6.2% |
| Op. Income | $91M | — | $84M | — | 8.3% |
| Gross Margin | 26.6% | — | 27.2% | — | -0.6pp |
| Net Margin | 5.8% | — | 5.6% | — | 0.3pp |
| EPS (Diluted) | $1.64 | — | $1.48 | — | 10.8% |
| Free Cash Flow | -$165M | — | $23M | — | -818.4% |
| Item | Amount |
|---|---|
| REVENUE | $910M |
| Cost of Revenue | $668M |
| GROSS PROFIT | $242M |
| R&D Expenses | $24M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $128M |
| Other Expenses | $0 |
| Operating Expenses | $151M |
| Cost & Expenses | $819M |
| OPERATING INCOME | $91M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | $69M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $53M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $53M |
| D&A | $26M |
| EBIT | $86M |
| EBITDA | $111M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $910M |
| Cost of Revenue | $668M |
| GROSS PROFIT | $242M |
| R&D Expenses | $24M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $128M |
| Other Expenses | $0 |
| Operating Expenses | $151M |
| Cost & Expenses | $819M |
| OPERATING INCOME | $91M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | $69M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $53M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $53M |
| D&A | $26M |
| EBIT | $86M |
| EBITDA | $111M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $53M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$215M |
| OPERATING CASH FLOW | -$132M |
| Capital Expenditure | -$33M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $14M |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | $227M |
| Common Stock Repurchased | -$64M |
| Common Dividends Paid | -$9M |
| Other Financing Activities | -$439.0K |
| NET CASH FROM FINANCING | $163M |
| FREE CASH FLOW | -$165M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $73M |
| Short-Term Investments | $0 |
| Net Receivables | $1.2B |
| Inventory | $886M |
| Other Current Assets | $78M |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $991M |
| Goodwill | $819M |
| Intangible Assets | $59M |
| Long-Term Investments | $8M |
| Tax Assets | $24M |
| Other Non-Current Assets | $46M |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $4.2B |
| Account Payables | $267M |
| Short-Term Debt | $0 |
| Deferred Revenue | $294M |
| Other Current Liabilities | $200M |
| TOTAL CURRENT LIABILITIES | $914M |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $26M |
| Other Non-Current Liabilities | $334M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $51M |
| Additional Paid-In Capital | $777M |
| Retained Earnings | $2.7B |
| Treasury Stock | -$1.1B |
| Accum. Other Comp. Income | -$585M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $4.2B |
| Total Debt | $1.1B |
| Net Debt | $1.0B |
