| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.2B | $1.3B | -1.0% | -4.9% |
| Op. Income | $69M | $53M | $158M | 30.2% | -56.3% |
| Gross Margin | 18.7% | 15.9% | 23.0% | 2.8pp | -4.3pp |
| Net Margin | 1.7% | -0.2% | 8.4% | 1.9pp | -6.7pp |
| EPS (Diluted) | $0.31 | $-0.03 | $1.60 | 1133.3% | -80.6% |
| Free Cash Flow | -$57M | $128M | -$69M | -144.5% | 17.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $999M |
| GROSS PROFIT | $230M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $161M |
| Other Expenses | $0 |
| Operating Expenses | $161M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $69M |
| Interest Income | $2M |
| Interest Expense | $43M |
| Other Income/Expenses | -$43M |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $39M |
| EBIT | $69M |
| EBITDA | $108M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $999M |
| GROSS PROFIT | $230M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $161M |
| Other Expenses | $0 |
| Operating Expenses | $161M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $69M |
| Interest Income | $2M |
| Interest Expense | $43M |
| Other Income/Expenses | -$43M |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $39M |
| EBIT | $69M |
| EBITDA | $108M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $21M |
| Depreciation & Amortization | $39M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $12M |
| Change in Working Capital | -$93M |
| OPERATING CASH FLOW | -$21M |
| Capital Expenditure | -$36M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $10M |
| NET CASH FROM INVESTING | -$26M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$32M |
| Common Dividends Paid | -$11M |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$50M |
| FREE CASH FLOW | -$57M |
| Net Change in Cash | -$90M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $298M |
| Short-Term Investments | $0 |
| Net Receivables | $783M |
| Inventory | $1.2B |
| Other Current Assets | $151M |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $720M |
| Goodwill | $1.1B |
| Intangible Assets | $1.1B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $510M |
| TOTAL NON-CURRENT ASSETS | $3.4B |
| TOTAL ASSETS | $5.8B |
| Account Payables | $668M |
| Short-Term Debt | $4M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $481M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $2.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $261M |
| TOTAL NON-CURRENT LIABILITIES | $2.8B |
| TOTAL LIABILITIES | $4.0B |
| Common Stock | $1M |
| Additional Paid-In Capital | $919M |
| Retained Earnings | $2.0B |
| Treasury Stock | -$700M |
| Accum. Other Comp. Income | -$350M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $5.8B |
| Total Debt | $2.6B |
| Net Debt | $2.3B |
