| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $919M | $0 | $950M | — | -3.3% |
| Op. Income | $16M | $0 | $27M | — | -40.1% |
| Gross Margin | 74.5% | — | 73.0% | — | 1.5pp |
| Net Margin | -0.2% | — | -17.2% | — | 16.9pp |
| EPS (Diluted) | $-0.03 | $10.98 | $-1.68 | -100.3% | 98.3% |
| Free Cash Flow | $80M | — | $127M | — | -36.7% |
| Item | Amount |
|---|---|
| REVENUE | $919M |
| Cost of Revenue | $235M |
| GROSS PROFIT | $684M |
| R&D Expenses | $0 |
| Selling & Marketing | $65M |
| General & Administrative | $181M |
| SG&A Expenses | $247M |
| Other Expenses | $422M |
| Operating Expenses | $668M |
| Cost & Expenses | $903M |
| OPERATING INCOME | $16M |
| Interest Income | $1M |
| Interest Expense | $106M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $339M |
| EBIT | $109M |
| EBITDA | $448M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $339M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$137M |
| OPERATING CASH FLOW | $218M |
| Capital Expenditure | -$137M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$142M |
| Net Debt Issuance | -$22M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$212M |
| NET CASH FROM FINANCING | -$233M |
| FREE CASH FLOW | $80M |
| Net Change in Cash | -$157M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $290M |
| Short-Term Investments | $0 |
| Net Receivables | $459M |
| Inventory | $0 |
| Other Current Assets | $561M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $4.6B |
| Goodwill | $7.7B |
| Intangible Assets | $1.3B |
| Long-Term Investments | $63M |
| Tax Assets | $21M |
| Other Non-Current Assets | $192M |
| TOTAL NON-CURRENT ASSETS | $13.8B |
| TOTAL ASSETS | $15.1B |
| Account Payables | $316M |
| Short-Term Debt | $413M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $827M |
| TOTAL CURRENT LIABILITIES | $1.8B |
| Long-Term Debt | $5.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $194M |
| Other Non-Current Liabilities | $631M |
| TOTAL NON-CURRENT LIABILITIES | $7.7B |
| TOTAL LIABILITIES | $9.5B |
| Common Stock | $9M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | -$127.3K |
| Accum. Other Comp. Income | $5.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.6B |
| Minority Interest | $34M |
| TOTAL EQUITY | $5.6B |
| TOTAL LIABILITIES & EQUITY | $15.1B |
| Total Debt | $7.4B |
| Net Debt | $7.2B |
