| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.2B | $1.2B | -0.5% | -0.4% |
| Op. Income | $50M | $66M | $58M | -24.2% | -13.8% |
| Gross Margin | 17.5% | 17.8% | 17.3% | -0.2pp | 0.2pp |
| Net Margin | 2.8% | 3.0% | 3.6% | -0.2pp | -0.9pp |
| EPS (Diluted) | $0.71 | $0.76 | $0.90 | -6.6% | -21.1% |
| Free Cash Flow | $55M | $77M | -$56M | -28.6% | 198.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $216M |
| R&D Expenses | $18M |
| Selling & Marketing | $68M |
| General & Administrative | $51M |
| SG&A Expenses | $119M |
| Other Expenses | $29M |
| Operating Expenses | $166M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $50M |
| Interest Income | $17M |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $50M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $19M |
| EBIT | $63M |
| EBITDA | $82M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $216M |
| R&D Expenses | $18M |
| Selling & Marketing | $68M |
| General & Administrative | $51M |
| SG&A Expenses | $119M |
| Other Expenses | $29M |
| Operating Expenses | $166M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $50M |
| Interest Income | $17M |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $50M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $19M |
| EBIT | $63M |
| EBITDA | $82M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $34M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $13M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | $72M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$18M |
| Sales/Maturities of Investments | $15M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | -$90M |
| Common Stock Repurchased | -$31M |
| Common Dividends Paid | -$13M |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$132M |
| FREE CASH FLOW | $55M |
| Net Change in Cash | -$80M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $321M |
| Short-Term Investments | $0 |
| Net Receivables | $486M |
| Inventory | $0 |
| Other Current Assets | $1.6B |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $48M |
| Goodwill | $461M |
| Intangible Assets | $151M |
| Long-Term Investments | $125M |
| Tax Assets | $0 |
| Other Non-Current Assets | $142M |
| TOTAL NON-CURRENT ASSETS | $927M |
| TOTAL ASSETS | $3.4B |
| Account Payables | $89M |
| Short-Term Debt | $10M |
| Deferred Revenue | $43M |
| Other Current Liabilities | $232M |
| TOTAL CURRENT LIABILITIES | $2.2B |
| Long-Term Debt | $895M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $9M |
| Other Non-Current Liabilities | $124M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $3.3B |
| Common Stock | $1.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$1.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $110M |
| Minority Interest | $0 |
| TOTAL EQUITY | $110M |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $943M |
| Net Debt | $622M |
