| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.4B | $1.6B | 3.8% | -10.3% |
| Op. Income | $64M | -$65M | $48M | 198.5% | 33.3% |
| Gross Margin | 32.8% | 28.0% | 31.3% | 4.7pp | 1.5pp |
| Net Margin | 2.9% | -4.4% | 2.2% | 7.3pp | 0.7pp |
| EPS (Diluted) | $0.52 | $-0.78 | $0.43 | 166.7% | 20.9% |
| Free Cash Flow | -$179M | $17M | -$154M | -1152.9% | -16.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $981M |
| GROSS PROFIT | $478M |
| R&D Expenses | $0 |
| Selling & Marketing | $187M |
| General & Administrative | $70M |
| SG&A Expenses | $257M |
| Other Expenses | $157M |
| Operating Expenses | $414M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $64M |
| Interest Income | $10M |
| Interest Expense | $3M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $67M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $5M |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $134M |
| EBIT | $70M |
| EBITDA | $203M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $981M |
| GROSS PROFIT | $478M |
| R&D Expenses | $0 |
| Selling & Marketing | $187M |
| General & Administrative | $70M |
| SG&A Expenses | $257M |
| Other Expenses | $157M |
| Operating Expenses | $414M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $64M |
| Interest Income | $10M |
| Interest Expense | $3M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $67M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $5M |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $134M |
| EBIT | $70M |
| EBITDA | $203M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $42M |
| Depreciation & Amortization | $134M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $25M |
| Other Non-Cash Items | -$45M |
| Change in Working Capital | -$230M |
| OPERATING CASH FLOW | -$75M |
| Capital Expenditure | -$104M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$99M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | -$46M |
| Common Dividends Paid | -$26M |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$80M |
| FREE CASH FLOW | -$179M |
| Net Change in Cash | -$251M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $390M |
| Short-Term Investments | $0 |
| Net Receivables | $459M |
| Inventory | $1.0B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $3.8B |
| Goodwill | $2.2B |
| Intangible Assets | $354M |
| Long-Term Investments | $0 |
| Tax Assets | $8M |
| Other Non-Current Assets | $495M |
| TOTAL NON-CURRENT ASSETS | $6.8B |
| TOTAL ASSETS | $8.8B |
| Account Payables | $634M |
| Short-Term Debt | $200M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $54M |
| TOTAL CURRENT LIABILITIES | $919M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $602M |
| Other Non-Current Liabilities | $286M |
| TOTAL NON-CURRENT LIABILITIES | $912M |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $2.5B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $4.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$305M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.9B |
| TOTAL LIABILITIES & EQUITY | $8.8B |
| Total Debt | $224M |
| Net Debt | -$166M |
