By
Anders Bylund
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More Articles
September 22, 2006
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On Tuesday, business software giant Oracle (Nasdaq: ORCL ) released Q1 2007 earnings for the period ended Aug. 31.
- Its sales growth -- 26% -- is very impressive for a company as big as Oracle. According to Capital IQ, only 22 of the 298 companies with revenues above $2.7 billion in the year-ago quarter can match or beat Oracle's 26% top-line, year-over-year growth.
- Margins haven't moved much from last year, but that's actually a good thing, considering the broad-spectrum drop in margins in the interim.
- Cash flow growth isn't quite keeping up with sales or earnings, but 12% is still a respectable increase and an indication of a healthy business overall.
(Figures in millions, except per-share data)
Income Statement Highlights*
|
Avg. Est.
|
Q1 2007
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Q1 2006
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Change
|
|
Sales
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$3,470
|
$3,661
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$2,907
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25.9%
|
|
Net Profit
|
--
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$931
|
$738
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26.2%
|
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EPS
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$0.16
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$0.18
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$0.14
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28.6%
|
|
Diluted Shares
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--
|
5314
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5244
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1.3%
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*Based on pro forma numbers provided by the company, to keep comparisons with estimates fair.
Get back to basics with a look at the income statement.
Margin Checkup
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Q1 2007
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Q1 2006
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Change*
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|
Gross Margin
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73.45%
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75.23%
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(1.83)
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Operating Margin
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36.00%
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35.16%
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(0.84)
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Net Margin
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25.43%
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25.39%
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(0.04)
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*Expressed in percentage points.
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
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Assets
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Q1 2007
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Q1 2006
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Change
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Cash + ST Invest.
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$8,298
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$4,632
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79.1%
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Accounts Rec.
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$2,118
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$1,651
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28.3%
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Inventory
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No Data
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No Data
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No Data
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|
Liabilities
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Q1 2007
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Q1 2006
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Change
|
|
Accounts Payable
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$223
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$228
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(2.2%)
|
|
Long-Term Debt
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$5,737
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$1,679*
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241.7%
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*Including $1,522 million of short-term and current long-term debt in Q1 2006.
Learn the ways of the balance sheet.
Cash Flow Highlights
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Q1 2007
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Q1 2006
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Change
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|
Cash From Ops.
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$1,623
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$1,458
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11.3%
|
|
Capital Expenditures
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$49
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$52
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(5.8%)
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Free Cash Flow
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$1,574
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$1,406
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11.9%
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Find out why Fools always follow the money.
Related companies:
- SAP (NYSE: SAP )
- CA (NYSE: CA )
- IBM (NYSE: IBM )
- Microsoft (Nasdaq: MSFT )
- Accenture (NYSE: ACN )
- Sybase (NYSE: SY )
Related Foolishness:
Microsoft and Accenture areMotley Fool Inside Valueselections. Find out more about the value Philip Durell sees in these and other recommendations with afree 30-day trial subscription.
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.
At the time of publication, Fool contributorAnders Bylund had positions in none of these companies. Fool rules are here.
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