| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $595M | $593M | $556M | 0.2% | 6.9% |
| Op. Income | $18M | $28M | $19M | -36.5% | -3.8% |
| Gross Margin | 12.1% | 12.7% | 12.5% | -0.6pp | -0.4pp |
| Net Margin | 1.9% | 3.3% | 1.7% | -1.4pp | 0.2pp |
| EPS (Diluted) | $0.50 | $0.86 | $0.42 | -41.9% | 19.0% |
| Free Cash Flow | -$14M | -$26M | -$208.0K | 44.2% | -6825.5% |
| Item | Amount |
|---|---|
| REVENUE | $595M |
| Cost of Revenue | $523M |
| GROSS PROFIT | $72M |
| R&D Expenses | $15M |
| Selling & Marketing | $15M |
| General & Administrative | $23M |
| SG&A Expenses | $37M |
| Other Expenses | $2M |
| Operating Expenses | $54M |
| Cost & Expenses | $577M |
| OPERATING INCOME | $18M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $31M |
| EBIT | $18M |
| EBITDA | $50M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $595M |
| Cost of Revenue | $523M |
| GROSS PROFIT | $72M |
| R&D Expenses | $15M |
| Selling & Marketing | $15M |
| General & Administrative | $23M |
| SG&A Expenses | $37M |
| Other Expenses | $2M |
| Operating Expenses | $54M |
| Cost & Expenses | $577M |
| OPERATING INCOME | $18M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $31M |
| EBIT | $18M |
| EBITDA | $50M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $31M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$494.0K |
| Other Non-Cash Items | $481.0K |
| Change in Working Capital | -$33M |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | -$26M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $541.0K |
| NET CASH FROM INVESTING | -$25M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$9M |
| Other Financing Activities | $463.0K |
| NET CASH FROM FINANCING | -$10M |
| FREE CASH FLOW | -$14M |
| Net Change in Cash | -$19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $89M |
| Short-Term Investments | $0 |
| Net Receivables | $442M |
| Inventory | $329M |
| Other Current Assets | $46M |
| TOTAL CURRENT ASSETS | $906M |
| PP&E (Net) | $1.2B |
| Goodwill | $99M |
| Intangible Assets | $43M |
| Long-Term Investments | $20M |
| Tax Assets | $0 |
| Other Non-Current Assets | $127M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $282M |
| Short-Term Debt | $275M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $102M |
| TOTAL CURRENT LIABILITIES | $673M |
| Long-Term Debt | $383M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $10M |
| Other Non-Current Liabilities | $58M |
| TOTAL NON-CURRENT LIABILITIES | $501M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $27M |
| Additional Paid-In Capital | $257M |
| Retained Earnings | $1.3B |
| Treasury Stock | -$190M |
| Accum. Other Comp. Income | -$140M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $723M |
| Net Debt | $634M |
