The current model INCLUDES the following assets and assumptions:
The current model is based on operating metrics, including:
Full-year 2025 revenue of $859.677 million, compared to $855 million at the midpoint of guidance.
Full-year 2025 operating expenses of $435.468 million
Full-year 2025 net income of $182.371 million or GAAP earnings per share (EPS) of $3.16. The year-end outstanding share count is expected to be 58.460 million, which excludes transactions under the share repurchase program or a potential public offering of common stock. This does not account for one-time charges, adjustments, or acquisitions.