| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $568M | $535M | $588M | 6.2% | -3.5% |
| Op. Income | $69M | $44M | $86M | 57.1% | -18.9% |
| Gross Margin | 85.5% | 85.5% | 85.2% | 0.0pp | 0.4pp |
| Net Margin | 3.8% | 1.7% | 7.0% | 2.1pp | -3.2pp |
| EPS (Diluted) | $0.62 | $0.24 | $0.99 | 158.3% | -37.4% |
| Free Cash Flow | -$59M | -$61M | -$4M | 3.6% | -1300.0% |
| Item | Amount |
|---|---|
| REVENUE | $568M |
| Cost of Revenue | $82M |
| GROSS PROFIT | $486M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $159M |
| SG&A Expenses | $159M |
| Other Expenses | $257M |
| Operating Expenses | $416M |
| Cost & Expenses | $498M |
| OPERATING INCOME | $69M |
| Interest Income | $400.0K |
| Interest Expense | $37M |
| Other Income/Expenses | -$43M |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $63M |
| EBIT | $61M |
| EBITDA | $124M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $568M |
| Cost of Revenue | $82M |
| GROSS PROFIT | $486M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $159M |
| SG&A Expenses | $159M |
| Other Expenses | $257M |
| Operating Expenses | $416M |
| Cost & Expenses | $498M |
| OPERATING INCOME | $69M |
| Interest Income | $400.0K |
| Interest Expense | $37M |
| Other Income/Expenses | -$43M |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $63M |
| EBIT | $61M |
| EBITDA | $124M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $22M |
| Depreciation & Amortization | $63M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$15M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $21M |
| OPERATING CASH FLOW | $96M |
| Capital Expenditure | -$155M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$155M |
| Net Debt Issuance | $88M |
| Common Stock Repurchased | -$24M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $64M |
| FREE CASH FLOW | -$59M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12M |
| Short-Term Investments | $0 |
| Net Receivables | $30M |
| Inventory | $41M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $113M |
| PP&E (Net) | $3.0B |
| Goodwill | $743M |
| Intangible Assets | $178M |
| Long-Term Investments | $0 |
| Tax Assets | $11M |
| Other Non-Current Assets | $38M |
| TOTAL NON-CURRENT ASSETS | $4.0B |
| TOTAL ASSETS | $4.1B |
| Account Payables | $110M |
| Short-Term Debt | $7M |
| Deferred Revenue | $123M |
| Other Current Liabilities | $35M |
| TOTAL CURRENT LIABILITIES | $431M |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $59M |
| Other Non-Current Liabilities | $307M |
| TOTAL NON-CURRENT LIABILITIES | $3.5B |
| TOTAL LIABILITIES | $3.9B |
| Common Stock | $600.0K |
| Additional Paid-In Capital | $613M |
| Retained Earnings | $679M |
| Treasury Stock | -$1.1B |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $147M |
| Minority Interest | $0 |
| TOTAL EQUITY | $147M |
| TOTAL LIABILITIES & EQUITY | $4.1B |
| Total Debt | $3.2B |
| Net Debt | $3.2B |
