| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $976M | $1.1B | $983M | -7.1% | -0.7% |
| Op. Income | $47M | $54M | $45M | -13.0% | 3.8% |
| Gross Margin | 10.3% | 10.3% | 9.0% | 0.0pp | 1.3pp |
| Net Margin | 3.8% | 3.9% | 3.0% | -0.1pp | 0.8pp |
| EPS (Diluted) | $1.34 | $1.48 | $1.04 | -9.5% | 28.8% |
| Free Cash Flow | $27M | $194M | -$32M | -86.0% | 185.6% |
| Item | Amount |
|---|---|
| REVENUE | $976M |
| Cost of Revenue | $875M |
| GROSS PROFIT | $101M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $49M |
| Other Expenses | $5M |
| Operating Expenses | $54M |
| Cost & Expenses | $929M |
| OPERATING INCOME | $47M |
| Interest Income | $1M |
| Interest Expense | $4M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $19M |
| EBIT | $47M |
| EBITDA | $66M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $976M |
| Cost of Revenue | $875M |
| GROSS PROFIT | $101M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $49M |
| Other Expenses | $5M |
| Operating Expenses | $54M |
| Cost & Expenses | $929M |
| OPERATING INCOME | $47M |
| Interest Income | $1M |
| Interest Expense | $4M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $19M |
| EBIT | $47M |
| EBITDA | $66M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $37M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | $54M |
| Capital Expenditure | -$27M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $47.0K |
| NET CASH FROM INVESTING | -$26M |
| Net Debt Issuance | -$37M |
| Common Stock Repurchased | -$13M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$53M |
| FREE CASH FLOW | $27M |
| Net Change in Cash | -$30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $317M |
| Short-Term Investments | $0 |
| Net Receivables | $726M |
| Inventory | $1.3B |
| Other Current Assets | $54M |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $583M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $74M |
| Other Non-Current Assets | $27M |
| TOTAL NON-CURRENT ASSETS | $684M |
| TOTAL ASSETS | $3.1B |
| Account Payables | $666M |
| Short-Term Debt | $122M |
| Deferred Revenue | $625M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $89M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $56M |
| TOTAL NON-CURRENT LIABILITIES | $187M |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $545.0K |
| Additional Paid-In Capital | $685M |
| Retained Earnings | $1.9B |
| Treasury Stock | -$1.2B |
| Accum. Other Comp. Income | -$24M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $246M |
| Net Debt | -$71M |
