Total revenue for Q1 2026 was $156.1 million, a 30% decrease compared to $222.2 million in Q1 2025. Net income for the quarter was $6.8 million, down 90% from $68.0 million in the prior-year period. Adjusted EBITDA was $35.6 million, representing a 23% margin. The company successfully refinanced its term loan, extending maturity to 2031 and reducing annual interest expense by 200 basis points. Management maintained its full-year 2026 revenue guidance of $720 million to $760 million.