| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $391M | $437M | $383M | -10.5% | 1.9% |
| Op. Income | $18M | $45M | $16M | -59.6% | 16.0% |
| Gross Margin | 10.2% | 15.4% | 9.1% | -5.2pp | 1.1pp |
| Net Margin | 3.6% | 5.3% | -0.7% | -1.7pp | 4.3pp |
| EPS (Diluted) | $0.12 | $0.20 | $-0.02 | -40.0% | 593.8% |
| Free Cash Flow | $8M | $53M | -$801.0K | -84.2% | 1148.3% |
| Item | Amount |
|---|---|
| REVENUE | $391M |
| Cost of Revenue | $351M |
| GROSS PROFIT | $40M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $22M |
| Other Expenses | $0 |
| Operating Expenses | $22M |
| Cost & Expenses | $373M |
| OPERATING INCOME | $18M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $45M |
| EBIT | $16M |
| EBITDA | $61M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $391M |
| Cost of Revenue | $351M |
| GROSS PROFIT | $40M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $22M |
| Other Expenses | $0 |
| Operating Expenses | $22M |
| Cost & Expenses | $373M |
| OPERATING INCOME | $18M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $45M |
| EBIT | $16M |
| EBITDA | $61M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $45M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$13M |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $42M |
| Capital Expenditure | -$33M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$33M |
| Net Debt Issuance | -$342.0K |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$15M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $180M |
| Short-Term Investments | $0 |
| Net Receivables | $517M |
| Inventory | $164M |
| Other Current Assets | $88M |
| TOTAL CURRENT ASSETS | $949M |
| PP&E (Net) | $619M |
| Goodwill | $344M |
| Intangible Assets | $286M |
| Long-Term Investments | $84M |
| Tax Assets | $0 |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $111M |
| Short-Term Debt | $19M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $228M |
| TOTAL CURRENT LIABILITIES | $451M |
| Long-Term Debt | $121M |
| Deferred Revenue NC | $5M |
| Deferred Tax Liabilities | $26M |
| Other Non-Current Liabilities | $129M |
| TOTAL NON-CURRENT LIABILITIES | $343M |
| TOTAL LIABILITIES | $793M |
| Common Stock | $9M |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | -$513M |
| Treasury Stock | -$97M |
| Accum. Other Comp. Income | $14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $203M |
| Net Debt | $22M |
