| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $773M | $854M | $787M | -9.6% | -1.8% |
| Op. Income | $94M | $101M | $103M | -7.1% | -9.0% |
| Gross Margin | 24.5% | 24.3% | 26.0% | 0.2pp | -1.4pp |
| Net Margin | 11.3% | 9.7% | 11.4% | 1.5pp | -0.2pp |
| EPS (Diluted) | $1.42 | $1.36 | $1.46 | 4.4% | -2.7% |
| Free Cash Flow | $942.0K | $118M | $5M | -99.2% | -81.1% |
| Item | Amount |
|---|---|
| REVENUE | $773M |
| Cost of Revenue | $583M |
| GROSS PROFIT | $190M |
| R&D Expenses | $30M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $65M |
| Other Expenses | $0 |
| Operating Expenses | $96M |
| Cost & Expenses | $679M |
| OPERATING INCOME | $94M |
| Interest Income | $1M |
| Interest Expense | $12M |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $102M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $87M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $87M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $87M |
| D&A | $28M |
| EBIT | $94M |
| EBITDA | $122M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $773M |
| Cost of Revenue | $583M |
| GROSS PROFIT | $190M |
| R&D Expenses | $30M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $65M |
| Other Expenses | $0 |
| Operating Expenses | $96M |
| Cost & Expenses | $679M |
| OPERATING INCOME | $94M |
| Interest Income | $1M |
| Interest Expense | $12M |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $102M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $87M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $87M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $87M |
| D&A | $28M |
| EBIT | $94M |
| EBITDA | $122M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $87M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$9M |
| Change in Working Capital | -$76M |
| OPERATING CASH FLOW | $35M |
| Capital Expenditure | -$34M |
| Acquisitions (Net) | $1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$32M |
| Net Debt Issuance | $41M |
| Common Stock Repurchased | -$35M |
| Common Dividends Paid | -$15M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $19M |
| FREE CASH FLOW | $942.0K |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $284M |
| Short-Term Investments | $0 |
| Net Receivables | $709M |
| Inventory | $632M |
| Other Current Assets | $100M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $925M |
| Goodwill | $782M |
| Intangible Assets | $404M |
| Long-Term Investments | $74M |
| Tax Assets | $87M |
| Other Non-Current Assets | $283M |
| TOTAL NON-CURRENT ASSETS | $2.6B |
| TOTAL ASSETS | $4.3B |
| Account Payables | $224M |
| Short-Term Debt | $419M |
| Deferred Revenue | $51M |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $915M |
| Long-Term Debt | $481M |
| Deferred Revenue NC | $422M |
| Deferred Tax Liabilities | $116M |
| Other Non-Current Liabilities | $117M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $106.0K |
| Additional Paid-In Capital | $414M |
| Retained Earnings | $3.3B |
| Treasury Stock | -$1.4B |
| Accum. Other Comp. Income | -$74M |
| Other Equity | $2M |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $4.3B |
| Total Debt | $921M |
| Net Debt | $638M |
