| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.1B | $2.1B | $2.4B | 1.5% | -11.6% |
| Op. Income | $60M | $65M | $100M | -7.1% | -39.9% |
| Gross Margin | 19.3% | 21.2% | 18.5% | -1.9pp | 0.8pp |
| Net Margin | 0.4% | 1.8% | 2.8% | -1.4pp | -2.5pp |
| EPS (Diluted) | $0.22 | $0.99 | $1.74 | -77.8% | -87.4% |
| Free Cash Flow | $71M | $201M | $241M | -64.7% | -70.5% |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $406M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $339M |
| Other Expenses | $7M |
| Operating Expenses | $346M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $60M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | -$41M |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $25M |
| EBIT | $35M |
| EBITDA | $60M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $406M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $339M |
| Other Expenses | $7M |
| Operating Expenses | $346M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $60M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | -$41M |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $25M |
| EBIT | $35M |
| EBITDA | $60M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | $45M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $78M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | $91M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$106M |
| NET CASH FROM FINANCING | -$15M |
| FREE CASH FLOW | $71M |
| Net Change in Cash | $63M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $322M |
| Short-Term Investments | $0 |
| Net Receivables | $4.7B |
| Inventory | $149M |
| Other Current Assets | $241M |
| TOTAL CURRENT ASSETS | $5.4B |
| PP&E (Net) | $215M |
| Goodwill | $897M |
| Intangible Assets | $409M |
| Long-Term Investments | $886M |
| Tax Assets | $0 |
| Other Non-Current Assets | $125M |
| TOTAL NON-CURRENT ASSETS | $2.5B |
| TOTAL ASSETS | $6.9B |
| Account Payables | $3.5B |
| Short-Term Debt | $15.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $261M |
| TOTAL CURRENT LIABILITIES | $4.4B |
| Long-Term Debt | $961M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $57M |
| Other Non-Current Liabilities | $928M |
| TOTAL NON-CURRENT LIABILITIES | $1.9B |
| TOTAL LIABILITIES | $5.3B |
| Common Stock | $319.0K |
| Additional Paid-In Capital | $145M |
| Retained Earnings | $1.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$70M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $6.9B |
| Total Debt | $961M |
| Net Debt | $639M |
