| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.2B | $1.1B | -1.6% | 7.5% |
| Op. Income | $51M | $63M | $81M | -19.0% | -37.1% |
| Gross Margin | 49.4% | 46.8% | 49.4% | 2.6pp | -0.0pp |
| Net Margin | 1.3% | 2.1% | 3.2% | -0.8pp | -1.8pp |
| EPS (Diluted) | $0.26 | $0.42 | $0.61 | -38.1% | -57.4% |
| Free Cash Flow | -$10M | $127M | $613.0K | -108.2% | -1802.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $586M |
| GROSS PROFIT | $572M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $213M |
| SG&A Expenses | $213M |
| Other Expenses | $309M |
| Operating Expenses | $521M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $51M |
| Interest Income | $638.0K |
| Interest Expense | $29M |
| Other Income/Expenses | -$28M |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $377M |
| EBIT | $51M |
| EBITDA | $428M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $586M |
| GROSS PROFIT | $572M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $213M |
| SG&A Expenses | $213M |
| Other Expenses | $309M |
| Operating Expenses | $521M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $51M |
| Interest Income | $638.0K |
| Interest Expense | $29M |
| Other Income/Expenses | -$28M |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $377M |
| EBIT | $51M |
| EBITDA | $428M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $34M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$15M |
| Other Non-Cash Items | $377M |
| Change in Working Capital | -$405M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | $33M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$22M |
| Other Financing Activities | -$477.0K |
| NET CASH FROM FINANCING | $10M |
| FREE CASH FLOW | -$10M |
| Net Change in Cash | -$484.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $107M |
| Short-Term Investments | $0 |
| Net Receivables | $190M |
| Inventory | $1.2B |
| Other Current Assets | $82M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $587M |
| Goodwill | $487M |
| Intangible Assets | $379M |
| Long-Term Investments | $0 |
| Tax Assets | $59M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $3.1B |
| Account Payables | $111M |
| Short-Term Debt | $0 |
| Deferred Revenue | $64M |
| Other Current Liabilities | $50M |
| TOTAL CURRENT LIABILITIES | $527M |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $35M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1.9B |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $1.0B |
| Treasury Stock | -$1.9B |
| Accum. Other Comp. Income | -$9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $686M |
| Minority Interest | $0 |
| TOTAL EQUITY | $686M |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $1.8B |
| Net Debt | $1.7B |
