Ceradyne Rock Solid: Fool by Numbers

On Oct. 27, Ceradyne (NYSE: CRDN) released Q3 2005 earnings for the period ended Sept. 30.

• Revenues climbed 67.6%. (Read more about the need for speed.)
• Gross margins hit a record 36.9%.
• Earnings per share rose 76.7%, reflecting the power of those margins.

(Figures in thousands except per-share data.)

Income Statement Highlights(What's this?)

	Avg. Est.	Q3 2005	Q3 2004	% Change
Sales	$93,650	$94,406	$56,329	+67.6%
Net Profit	--	$13,339	$7,294	+82.9%
EPS	$0.50	$0.53	$0.30	+76.7%

Margin Checkup(What's this?)

	Q3 2005	Q3 2004	Change
Gross Margin	36.89%	31.88%	+5.02%
Op. Margin	23.66%	20.12%	+3.53%
Net Margin	14.13%	12.95%	+1.18%

Balance Sheet Highlights(What's this?)

Assets	Q3 2005	Q3 2004	% Change
Cash+ ST Invest.	$11,938	$13,258	-10.0%
Inventory	No Data	No Data	No Data
Accounts Rec.	No Data	No Data	No Data

Liabilities	Q3 2005	Q3 2004	% Change
Long-Term Debt	$107,800	$109,175	-1.3%
Accounts Pay.	No Data	No Data	No Data

Cash Flow Highlights(What's this?)

Not provided. Booo!

Related companies:

• Armor Holdings (NYSE: AH)
• DHB Industries (AMEX: DHB)
• General Dynamics (NYSE: GD)
• Raytheon (NYSE: RTN)
• Lockheed Martin (NYSE: LMT)

Related Foolishness:

• If you really want to make money in the market, you need to know your chickens.

Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so check Fool.com for more of our in-depth discussion of what the numbers mean.

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At the time of publication, Seth Jayson had shares of Ceradyne but no positions in any other firm mentioned. View his stock holdings and Fool profile here. Fool rules are here.