Service Revenue

+22% (Q1 2025: $277.79M vs Q1 2024: $227.47M)

The 22% increase is driven by strong growth in service offerings, new client wins, and market expansion initiatives building on prior improvements from Q1 2024, highlighting strategic uptake of generative AI and additional service lines. " "

Operating Income

+45% (Q1 2025: $34.24M vs Q1 2024: $23.56M)

A 45% jump reflects enhanced operational leverage, with revenue gains outpacing cost increases due to improved margin management and scalability benefits from earlier periods’ investments. " "

Net Income

+81% (Q1 2025: $21.15M vs Q1 2024: $11.71M)

The net income more than doubled (81% increase), indicating robust bottom‐line improvements from operational leverage, cost control, and effective reinvestments compared to Q1 2024; EPS grew by 77% from $0.13 to $0.23. " "

Operating Cash Flow

-29% (Q1 2025: $36.28M vs Q1 2024: $51.18M)

The 29% decline in cash flow, despite revenue and earnings growth, suggests challenges in working capital management and cash conversion processes that stand in contrast to the strong operational performance. " "

Cash and Cash Equivalents

+19% (Q1 2025: $196.85M vs Q1 2024: $165.35M)

A 19% increase in liquidity indicates improved cash management and resource allocation, supported by higher inflows from improved operating results relative to Q1 2024. " "

Total Assets

+13% (Q1 2025: $985.46M vs Q1 2024: $874.51M)

The 13% growth in Total Assets is attributed to reinvestments across both current assets (including a rise in cash, receivables, and prepaid expenses) and noncurrent assets (property and equipment growth), reflecting strategic capital allocation. " "