| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $582M | $591M | $543M | -1.5% | 7.2% |
| Op. Income | $114M | $168M | $93M | -32.2% | 23.2% |
| Gross Margin | 60.2% | 60.7% | 59.8% | -0.5pp | 0.4pp |
| Net Margin | 13.5% | 19.8% | 11.8% | -6.3pp | 1.7pp |
| EPS (Diluted) | $1.82 | $2.71 | $1.49 | -32.8% | 22.1% |
| Free Cash Flow | $59M | $113M | $60M | -47.9% | -1.2% |
| Item | Amount |
|---|---|
| REVENUE | $582M |
| Cost of Revenue | $231M |
| GROSS PROFIT | $351M |
| R&D Expenses | $0 |
| Selling & Marketing | $113M |
| General & Administrative | $77M |
| SG&A Expenses | $189M |
| Other Expenses | $47M |
| Operating Expenses | $236M |
| Cost & Expenses | $468M |
| OPERATING INCOME | $114M |
| Interest Income | $4M |
| Interest Expense | $9M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $106M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $79M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $79M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $79M |
| D&A | $47M |
| EBIT | $117M |
| EBITDA | $165M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $582M |
| Cost of Revenue | $231M |
| GROSS PROFIT | $351M |
| R&D Expenses | $0 |
| Selling & Marketing | $113M |
| General & Administrative | $77M |
| SG&A Expenses | $189M |
| Other Expenses | $47M |
| Operating Expenses | $236M |
| Cost & Expenses | $468M |
| OPERATING INCOME | $114M |
| Interest Income | $4M |
| Interest Expense | $9M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $106M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $79M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $79M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $79M |
| D&A | $47M |
| EBIT | $117M |
| EBITDA | $165M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $79M |
| Depreciation & Amortization | $47M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$41M |
| OPERATING CASH FLOW | $91M |
| Capital Expenditure | -$32M |
| Acquisitions (Net) | -$40M |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$71M |
| Net Debt Issuance | $105M |
| Common Stock Repurchased | -$110M |
| Common Dividends Paid | -$20M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$24M |
| FREE CASH FLOW | $59M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $512M |
| Short-Term Investments | $48M |
| Net Receivables | $352M |
| Inventory | $0 |
| Other Current Assets | $48M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $394M |
| Goodwill | $1.6B |
| Intangible Assets | $420M |
| Long-Term Investments | $76M |
| Tax Assets | $46M |
| Other Non-Current Assets | $37M |
| TOTAL NON-CURRENT ASSETS | $2.6B |
| TOTAL ASSETS | $3.6B |
| Account Payables | $93M |
| Short-Term Debt | $0 |
| Deferred Revenue | $595M |
| Other Current Liabilities | $140M |
| TOTAL CURRENT LIABILITIES | $912M |
| Long-Term Debt | $804M |
| Deferred Revenue NC | $22M |
| Deferred Tax Liabilities | $30M |
| Other Non-Current Liabilities | $48M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $0 |
| Additional Paid-In Capital | $848M |
| Retained Earnings | $2.0B |
| Treasury Stock | -$1.1B |
| Accum. Other Comp. Income | -$102M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $3.6B |
| Total Debt | $1.0B |
| Net Debt | $492M |
