On Jan. 25, Kulicke & Soffa
- Revenues declined by 25.6% to $152.3 million, primarily because of weakness in the equipment segment.
- An 83.9% decline in net profit was attributed to lower sales and higher research and development expenses.
- The company spent $29.4 million for the Alphasem acquisition, leaving cash and equivalents at $139.5 million.
- Kulicke & Soffa is rated a three-star stock in Motley Fool CAPS.
(Figures in millions, except per-share data)
Income Statement Highlights
Q1 2007 |
Q1 2006 |
Change |
|
---|---|---|---|
Sales |
$152.3 |
$204.6 |
(25.6%) |
Net Profit |
$4.9 |
$30.6 |
(83.9%) |
EPS |
$0.08 |
$0.45 |
(82.2%) |
Diluted Shares |
69.5 |
68.2 |
1.8% |
Get back to basics with a look at the income statement.
Margin Checkup
Q1 2007 |
Q1 2006 |
Change* |
|
---|---|---|---|
Gross Margin |
25.4% |
32.0% |
(6.6) |
Operating Margin |
3.4% |
17.7% |
(14.3) |
Net Margin |
3.2% |
15.0% |
(11.7) |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
Assets |
Q1 2007 |
Q1 2006 |
Change |
---|---|---|---|
Cash + ST Invest. |
$139.5 |
$91.5 |
52.3% |
Accounts Rec.* |
$123.1 |
$179.5 |
(31.4%) |
Inventory |
$58.3 |
$62.9 |
(7.4%) |
Liabilities |
Q1 2007 |
Q1 2006 |
Change |
---|---|---|---|
Accounts Payable |
$37.5 |
$80.5 |
(53.4%) |
Long-Term Debt |
$195.0 |
$270.0 |
(27.8%) |
Learn the ways of the balance sheet.
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