| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $776M | $746M | $876M | 3.9% | -11.5% |
| Op. Income | $18M | $22M | $24M | -19.4% | -26.8% |
| Gross Margin | 13.1% | 13.0% | 12.2% | 0.1pp | 0.9pp |
| Net Margin | 2.2% | 2.2% | 1.8% | 0.0pp | 0.4pp |
| EPS (Diluted) | $0.69 | $0.64 | $0.61 | 7.8% | 13.1% |
| Free Cash Flow | $42M | $53M | $91M | -20.6% | -53.5% |
| Item | Amount |
|---|---|
| REVENUE | $776M |
| Cost of Revenue | $674M |
| GROSS PROFIT | $102M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $72M |
| Other Expenses | $12M |
| Operating Expenses | $84M |
| Cost & Expenses | $758M |
| OPERATING INCOME | $18M |
| Interest Income | $3M |
| Interest Expense | $2M |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $7M |
| EBIT | $25M |
| EBITDA | $33M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $776M |
| Cost of Revenue | $674M |
| GROSS PROFIT | $102M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $72M |
| Other Expenses | $12M |
| Operating Expenses | $84M |
| Cost & Expenses | $758M |
| OPERATING INCOME | $18M |
| Interest Income | $3M |
| Interest Expense | $2M |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $7M |
| EBIT | $25M |
| EBITDA | $33M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | $45M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$57M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$59M |
| Net Debt Issuance | -$681.0K |
| Common Stock Repurchased | -$28M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$27M |
| FREE CASH FLOW | $42M |
| Net Change in Cash | -$40M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $145M |
| Short-Term Investments | $0 |
| Net Receivables | $567M |
| Inventory | $504M |
| Other Current Assets | $136M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $33M |
| Goodwill | $233M |
| Intangible Assets | $78M |
| Long-Term Investments | $0 |
| Tax Assets | $17M |
| Other Non-Current Assets | $73M |
| TOTAL NON-CURRENT ASSETS | $434M |
| TOTAL ASSETS | $1.8B |
| Account Payables | $579M |
| Short-Term Debt | $10M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $666M |
| Long-Term Debt | $134M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $66M |
| TOTAL NON-CURRENT LIABILITIES | $200M |
| TOTAL LIABILITIES | $866M |
| Common Stock | $3M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$113M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $921M |
| Minority Interest | $0 |
| TOTAL EQUITY | $921M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $144M |
| Net Debt | -$1M |
