| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.2B | $1.2B | -3.6% | 1.6% |
| Op. Income | $23M | $42M | $27M | -45.5% | -15.8% |
| Gross Margin | 24.9% | 26.3% | 25.0% | -1.3pp | -0.0pp |
| Net Margin | 1.7% | 2.8% | 2.0% | -1.1pp | -0.3pp |
| EPS (Diluted) | $0.76 | $1.29 | $0.86 | -41.1% | -11.6% |
| Free Cash Flow | -$28M | $30M | -$2M | -194.7% | -1556.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $901M |
| GROSS PROFIT | $300M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $250M |
| SG&A Expenses | $250M |
| Other Expenses | $27M |
| Operating Expenses | $276M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $23M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $30M |
| EBIT | $23M |
| EBITDA | $53M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $901M |
| GROSS PROFIT | $300M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $250M |
| SG&A Expenses | $250M |
| Other Expenses | $27M |
| Operating Expenses | $276M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $23M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $30M |
| EBIT | $23M |
| EBITDA | $53M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $30M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$868.0K |
| Other Non-Cash Items | $397.0K |
| Change in Working Capital | -$45M |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$33M |
| Acquisitions (Net) | -$7M |
| Purchases of Investments | -$15M |
| Sales/Maturities of Investments | $37M |
| Other Investing Activities | $231.0K |
| NET CASH FROM INVESTING | -$18M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$9M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$9M |
| FREE CASH FLOW | -$28M |
| Net Change in Cash | -$22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $168M |
| Short-Term Investments | $200M |
| Net Receivables | $82M |
| Inventory | $314M |
| Other Current Assets | $43M |
| TOTAL CURRENT ASSETS | $806M |
| PP&E (Net) | $1.2B |
| Goodwill | $66M |
| Intangible Assets | $24M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $210M |
| Short-Term Debt | $0 |
| Deferred Revenue | $10M |
| Other Current Liabilities | $1.0K |
| TOTAL CURRENT LIABILITIES | $326M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $111M |
| Other Non-Current Liabilities | $59M |
| TOTAL NON-CURRENT LIABILITIES | $299M |
| TOTAL LIABILITIES | $624M |
| Common Stock | $10M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.6B |
| Treasury Stock | -$151M |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $168M |
| Net Debt | $466.0K |
