| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $420M | $437M | $385M | -3.8% | 9.1% |
| Op. Income | $27M | -$38M | $22M | 170.9% | 22.2% |
| Gross Margin | 18.1% | 21.3% | 18.5% | -3.2pp | -0.4pp |
| Net Margin | 4.2% | -11.2% | 3.5% | 15.4pp | 0.7pp |
| EPS (Diluted) | $0.85 | $-2.33 | $0.64 | 136.5% | 32.8% |
| Free Cash Flow | -$6M | $57M | -$40M | -109.7% | 86.4% |
| Item | Amount |
|---|---|
| REVENUE | $420M |
| Cost of Revenue | $344M |
| GROSS PROFIT | $76M |
| R&D Expenses | $7M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $35M |
| Other Expenses | $8M |
| Operating Expenses | $49M |
| Cost & Expenses | $393M |
| OPERATING INCOME | $27M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $17M |
| EBIT | $30M |
| EBITDA | $46M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $420M |
| Cost of Revenue | $344M |
| GROSS PROFIT | $76M |
| R&D Expenses | $7M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $35M |
| Other Expenses | $8M |
| Operating Expenses | $49M |
| Cost & Expenses | $393M |
| OPERATING INCOME | $27M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $17M |
| EBIT | $30M |
| EBITDA | $46M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $22.0K |
| Other Non-Cash Items | -$994.0K |
| Change in Working Capital | -$21M |
| OPERATING CASH FLOW | $16M |
| Capital Expenditure | -$21M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $266.0K |
| NET CASH FROM INVESTING | -$21M |
| Net Debt Issuance | $9M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16M |
| Short-Term Investments | $0 |
| Net Receivables | $219M |
| Inventory | $440M |
| Other Current Assets | $84M |
| TOTAL CURRENT ASSETS | $759M |
| PP&E (Net) | $598M |
| Goodwill | $264M |
| Intangible Assets | $107M |
| Long-Term Investments | $1M |
| Tax Assets | $3M |
| Other Non-Current Assets | $20M |
| TOTAL NON-CURRENT ASSETS | $993M |
| TOTAL ASSETS | $1.8B |
| Account Payables | $137M |
| Short-Term Debt | $53M |
| Deferred Revenue | $13M |
| Other Current Liabilities | $60M |
| TOTAL CURRENT LIABILITIES | $267M |
| Long-Term Debt | $399M |
| Deferred Revenue NC | $70M |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $40M |
| TOTAL NON-CURRENT LIABILITIES | $597M |
| TOTAL LIABILITIES | $864M |
| Common Stock | $343M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $864M |
| Treasury Stock | -$268M |
| Accum. Other Comp. Income | -$58M |
| Other Equity | $7M |
| TOTAL STOCKHOLDERS' EQUITY | $888M |
| Minority Interest | $0 |
| TOTAL EQUITY | $888M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $537M |
| Net Debt | $521M |
