| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $408M | $439M | $445M | -7.2% | -8.4% |
| Op. Income | $79M | $47M | $160M | 65.8% | -50.9% |
| Gross Margin | 19.6% | 14.6% | 36.4% | 5.0pp | -16.8pp |
| Net Margin | 15.5% | 9.3% | 28.8% | 6.2pp | -13.2pp |
| EPS (Diluted) | $0.68 | $0.44 | $1.39 | 54.5% | -51.1% |
| Free Cash Flow | $102M | $128M | $70M | -19.7% | 46.7% |
| Item | Amount |
|---|---|
| REVENUE | $408M |
| Cost of Revenue | $328M |
| GROSS PROFIT | $80M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | -$2M |
| Operating Expenses | $1M |
| Cost & Expenses | $329M |
| OPERATING INCOME | $79M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $79M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $63M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $63M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $63M |
| D&A | $0 |
| EBIT | $80M |
| EBITDA | $80M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $408M |
| Cost of Revenue | $328M |
| GROSS PROFIT | $80M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | -$2M |
| Operating Expenses | $1M |
| Cost & Expenses | $329M |
| OPERATING INCOME | $79M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $79M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $63M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $63M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $63M |
| D&A | $0 |
| EBIT | $80M |
| EBITDA | $80M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $63M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $36M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $104M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$237M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $134M |
| NET CASH FROM INVESTING | -$103M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$14M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$13M |
| FREE CASH FLOW | $102M |
| Net Change in Cash | -$13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $27M |
| Short-Term Investments | $1.2B |
| Net Receivables | $995M |
| Inventory | $0 |
| Other Current Assets | -$2.4B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $42M |
| Goodwill | $46M |
| Intangible Assets | $8M |
| Long-Term Investments | $4.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$4.3B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $5.7B |
| Account Payables | $28M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$116M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $100M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$100M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $4.1B |
| Common Stock | $1M |
| Additional Paid-In Capital | $370M |
| Retained Earnings | $1.8B |
| Treasury Stock | -$405M |
| Accum. Other Comp. Income | -$144M |
| Other Equity | $12M |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $5.7B |
| Total Debt | $100M |
| Net Debt | $73M |
