By
Tim Beyers
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More Articles
December 22, 2005
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On Dec. 21, Research In Motion (Nasdaq: RIMM ) released earnings for its 2005 third quarter, which ended Nov. 26.
- Earnings per share included $0.10 in charges from the writedown of intangible assets related to its patent brouhaha with privately held NTP. Excluding these charges, EPS of $0.71 easily topped Street estimates of $0.65 per stub.
- Research in Motion ended the quarter with 4.3 million BlackBerry subscribers. That's more than double last year's total.
- Receivables outpaced sales by 11.5%. That margin is slightly worse than last year at this time, when receivables outpaced sales growth 147% to 138%.
(Figures in thousands, except per-share data)
Income Statement Highlights(What's this?)
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Avg. Est.
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Q3 2005
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Q3 2004
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% Change
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Sales
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$549,170
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$560,596
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$365,852
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+53.2%
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Net Profit
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--
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$120,149
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$90,395
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+32.9%
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EPS
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$0.65
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$0.61
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$0.46
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+32.6%
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Margin Checkup(What's this?)
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Q3 2005
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Q3 2004
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Change
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Gross Margin
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55.79%
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52.29%
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+3.50%
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Op. Margin
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26.44%
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22.41%
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+4.04%
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Net Margin
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21.43%
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24.71%
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-3.28%
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Balance Sheet Highlights(What's this?)
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Assets
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Q3 2005
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Q3 2004
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% Change
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Cash+ ST Invest.
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$914,648
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$814,567
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+12.3%
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Inventory
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$111,878
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$89,123
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+25.5%
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Accounts Rec.
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$334,084
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$202,794
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+64.7%
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Liabilities
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|
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Long-Term Debt
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$6,953
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$7,145
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-2.7%
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Accounts Pay. + Accrued Liab.
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$265,777
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$167,725
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+58.5%
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Cash Flow Highlights(What's this?)
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Q3 2005
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Q3 2004
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% Change
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Cash From Ops
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$457,978
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$189,525
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+141.6%
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Capital Expend.
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$130,591
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$62,163
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+110.1%
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Free Cash Flow
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$327,387
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$127,362
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+157.1%
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Related companies:
- Apple Computer (Nasdaq: AAPL )
- Hewlett-Packard (NYSE: HPQ )
- Microsoft (Nasdaq: MSFT )
- Nokia (NYSE: NOK )
- Palm (Nasdaq: PALM )
- Sony (NYSE: SNE )
Related Foolishness:
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 checkFool.comfor more of our in-depth discussion of what the numbers mean.
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Fool contributorTim Beyersowns shares of Nokia. You can find out what else is in his portfolio by checking Tim's Foolprofile. The Motley Fool has an ironcladdisclosure policy.
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