| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $593M | $526M | $551M | 12.9% | 7.6% |
| Op. Income | $28M | $8M | $20M | 267.6% | 40.3% |
| Gross Margin | 12.7% | 10.8% | 12.7% | 1.9pp | -0.0pp |
| Net Margin | 3.3% | 0.6% | 2.5% | 2.7pp | 0.8pp |
| EPS (Diluted) | $0.86 | $0.15 | $0.61 | 473.3% | 41.0% |
| Free Cash Flow | -$26M | $32M | $11M | -180.4% | -326.4% |
| Item | Amount |
|---|---|
| REVENUE | $593M |
| Cost of Revenue | $518M |
| GROSS PROFIT | $75M |
| R&D Expenses | $15M |
| Selling & Marketing | $12M |
| General & Administrative | $21M |
| SG&A Expenses | $34M |
| Other Expenses | -$996.0K |
| Operating Expenses | $47M |
| Cost & Expenses | $565M |
| OPERATING INCOME | $28M |
| Interest Income | $121.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $29M |
| EBIT | $29M |
| EBITDA | $58M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $593M |
| Cost of Revenue | $518M |
| GROSS PROFIT | $75M |
| R&D Expenses | $15M |
| Selling & Marketing | $12M |
| General & Administrative | $21M |
| SG&A Expenses | $34M |
| Other Expenses | -$996.0K |
| Operating Expenses | $47M |
| Cost & Expenses | $565M |
| OPERATING INCOME | $28M |
| Interest Income | $121.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $29M |
| EBIT | $29M |
| EBITDA | $58M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $29M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $990.0K |
| Other Non-Cash Items | -$378.0K |
| Change in Working Capital | -$44M |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$33M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | -$26M |
| Net Debt Issuance | $34M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$9M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $23M |
| FREE CASH FLOW | -$26M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $108M |
| Short-Term Investments | $0 |
| Net Receivables | $437M |
| Inventory | $309M |
| Other Current Assets | $44M |
| TOTAL CURRENT ASSETS | $897M |
| PP&E (Net) | $1.3B |
| Goodwill | $94M |
| Intangible Assets | $42M |
| Long-Term Investments | $19M |
| Tax Assets | $0 |
| Other Non-Current Assets | $64M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $298M |
| Short-Term Debt | $329M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $14.0K |
| TOTAL CURRENT LIABILITIES | $739M |
| Long-Term Debt | $331M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $10M |
| Other Non-Current Liabilities | $52M |
| TOTAL NON-CURRENT LIABILITIES | $450M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $27M |
| Additional Paid-In Capital | $254M |
| Retained Earnings | $1.3B |
| Treasury Stock | -$190M |
| Accum. Other Comp. Income | -$176M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $731M |
| Net Debt | $624M |
