| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.3B | $1.3B | -2.6% | 0.8% |
| Op. Income | $129M | $27M | $122M | 377.8% | 5.7% |
| Gross Margin | 21.6% | 17.0% | 23.1% | 4.6pp | -1.5pp |
| Net Margin | 6.6% | -1.7% | 7.1% | 8.3pp | -0.5pp |
| EPS (Diluted) | $1.71 | $-0.46 | $1.78 | 471.7% | -3.9% |
| Free Cash Flow | $96M | $537M | $73M | -82.1% | 31.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $279M |
| R&D Expenses | $20M |
| Selling & Marketing | $67M |
| General & Administrative | $46M |
| SG&A Expenses | $113M |
| Other Expenses | $17M |
| Operating Expenses | $150M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $129M |
| Interest Income | $18M |
| Interest Expense | $14M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $115M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $85M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $85M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $85M |
| D&A | $19M |
| EBIT | $129M |
| EBITDA | $148M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $279M |
| R&D Expenses | $20M |
| Selling & Marketing | $67M |
| General & Administrative | $46M |
| SG&A Expenses | $113M |
| Other Expenses | $17M |
| Operating Expenses | $150M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $129M |
| Interest Income | $18M |
| Interest Expense | $14M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $115M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $85M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $85M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $85M |
| D&A | $19M |
| EBIT | $129M |
| EBITDA | $148M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $85M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $15M |
| Change in Working Capital | -$36M |
| OPERATING CASH FLOW | $95M |
| Capital Expenditure | $1M |
| Acquisitions (Net) | $1M |
| Purchases of Investments | -$27M |
| Sales/Maturities of Investments | $34M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$90M |
| Common Dividends Paid | -$12M |
| Other Financing Activities | -$392M |
| NET CASH FROM FINANCING | -$494M |
| FREE CASH FLOW | $96M |
| Net Change in Cash | -$407M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $349M |
| Short-Term Investments | $0 |
| Net Receivables | $499M |
| Inventory | $0 |
| Other Current Assets | $1.9B |
| TOTAL CURRENT ASSETS | $2.9B |
| PP&E (Net) | $31M |
| Goodwill | $461M |
| Intangible Assets | $146M |
| Long-Term Investments | $134M |
| Tax Assets | $0 |
| Other Non-Current Assets | $146M |
| TOTAL NON-CURRENT ASSETS | $918M |
| TOTAL ASSETS | $3.8B |
| Account Payables | $82M |
| Short-Term Debt | $74M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $827M |
| TOTAL CURRENT LIABILITIES | $2.6B |
| Long-Term Debt | $909M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $10M |
| Other Non-Current Liabilities | $123M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $3.7B |
| Common Stock | $1.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$1.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $63M |
| Minority Interest | $0 |
| TOTAL EQUITY | $63M |
| TOTAL LIABILITIES & EQUITY | $3.8B |
| Total Debt | $1.0B |
| Net Debt | $670M |
