| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $698M | $749M | $695M | -6.7% | 0.4% |
| Op. Income | $128M | $171M | $127M | -24.7% | 1.1% |
| Gross Margin | 33.3% | 36.7% | 33.3% | -3.3pp | 0.1pp |
| Net Margin | 12.9% | 17.4% | 16.6% | -4.5pp | -3.7pp |
| EPS (Diluted) | $1.23 | $1.78 | $1.55 | -30.9% | -20.6% |
| Free Cash Flow | $58M | $85M | $28M | -31.8% | 110.5% |
| Item | Amount |
|---|---|
| REVENUE | $698M |
| Cost of Revenue | $466M |
| GROSS PROFIT | $233M |
| R&D Expenses | $16M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $88M |
| Other Expenses | $0 |
| Operating Expenses | $104M |
| Cost & Expenses | $570M |
| OPERATING INCOME | $128M |
| Interest Income | $4M |
| Interest Expense | $400.0K |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $114M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $90M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $90M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $90M |
| D&A | $40M |
| EBIT | $111M |
| EBITDA | $151M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $698M |
| Cost of Revenue | $466M |
| GROSS PROFIT | $233M |
| R&D Expenses | $16M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $88M |
| Other Expenses | $0 |
| Operating Expenses | $104M |
| Cost & Expenses | $570M |
| OPERATING INCOME | $128M |
| Interest Income | $4M |
| Interest Expense | $400.0K |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $114M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $90M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $90M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $90M |
| D&A | $40M |
| EBIT | $111M |
| EBITDA | $151M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $90M |
| Depreciation & Amortization | $39M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$900.0K |
| Change in Working Capital | $100.0K |
| OPERATING CASH FLOW | $129M |
| Capital Expenditure | -$71M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$71M |
| Net Debt Issuance | -$200.0K |
| Common Stock Repurchased | -$136M |
| Common Dividends Paid | -$15M |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$147M |
| FREE CASH FLOW | $58M |
| Net Change in Cash | -$80M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $404M |
| Short-Term Investments | $0 |
| Net Receivables | $544M |
| Inventory | $389M |
| Other Current Assets | $121M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $1.7B |
| Goodwill | $108M |
| Intangible Assets | $10M |
| Long-Term Investments | $212M |
| Tax Assets | $26M |
| Other Non-Current Assets | $70M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $3.6B |
| Account Payables | $228M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $186M |
| TOTAL CURRENT LIABILITIES | $527M |
| Long-Term Debt | $203M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $21M |
| Other Non-Current Liabilities | $106M |
| TOTAL NON-CURRENT LIABILITIES | $408M |
| TOTAL LIABILITIES | $935M |
| Common Stock | $19M |
| Additional Paid-In Capital | $2M |
| Retained Earnings | $4.0B |
| Treasury Stock | -$1.2B |
| Accum. Other Comp. Income | -$206M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $3.6B |
| Total Debt | $303M |
| Net Debt | -$101M |
