| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $649M | $651M | $570M | -0.4% | 13.8% |
| Op. Income | $50M | $9M | $17M | 456.7% | 194.5% |
| Gross Margin | 20.2% | 19.4% | 18.2% | 0.8pp | 2.0pp |
| Net Margin | 5.0% | 0.8% | 1.8% | 4.2pp | 3.1pp |
| EPS (Diluted) | $0.31 | $0.05 | $0.10 | 527.5% | 210.0% |
| Free Cash Flow | -$74M | $30M | -$5M | -346.4% | -1258.1% |
| Item | Amount |
|---|---|
| REVENUE | $649M |
| Cost of Revenue | $518M |
| GROSS PROFIT | $131M |
| R&D Expenses | $8M |
| Selling & Marketing | $21M |
| General & Administrative | $44M |
| SG&A Expenses | $65M |
| Other Expenses | $8M |
| Operating Expenses | $81M |
| Cost & Expenses | $598M |
| OPERATING INCOME | $50M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $41M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $32M |
| D&A | $36M |
| EBIT | $52M |
| EBITDA | $89M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $649M |
| Cost of Revenue | $518M |
| GROSS PROFIT | $131M |
| R&D Expenses | $8M |
| Selling & Marketing | $21M |
| General & Administrative | $44M |
| SG&A Expenses | $65M |
| Other Expenses | $8M |
| Operating Expenses | $81M |
| Cost & Expenses | $598M |
| OPERATING INCOME | $50M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $41M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $32M |
| D&A | $36M |
| EBIT | $52M |
| EBITDA | $89M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $32M |
| Depreciation & Amortization | $36M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $157.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$90M |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | -$63M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $98.0K |
| NET CASH FROM INVESTING | -$63M |
| Net Debt Issuance | -$947.0K |
| Common Stock Repurchased | -$18M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$19M |
| FREE CASH FLOW | -$74M |
| Net Change in Cash | -$93M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $411M |
| Short-Term Investments | $0 |
| Net Receivables | $874M |
| Inventory | $247M |
| Other Current Assets | $52M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $966M |
| Goodwill | $670M |
| Intangible Assets | $183M |
| Long-Term Investments | $1M |
| Tax Assets | $0 |
| Other Non-Current Assets | $50M |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $3.5B |
| Account Payables | $395M |
| Short-Term Debt | $4M |
| Deferred Revenue | $175M |
| Other Current Liabilities | $62M |
| TOTAL CURRENT LIABILITIES | $765M |
| Long-Term Debt | $914M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $42M |
| Other Non-Current Liabilities | $54M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $113.0K |
| Additional Paid-In Capital | $920M |
| Retained Earnings | $871M |
| Treasury Stock | -$175M |
| Accum. Other Comp. Income | -$28M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $3.5B |
| Total Debt | $1.0B |
| Net Debt | $608M |
