No Acceleration at Accelrys: Fool by Numbers

On Feb. 1, medical and nanotech software specialist Accelrys (Nasdaq: ACCL  ) released fourth-quarter earnings for the period ended Dec. 31.

• Revenue was flat and net income fell year over year. This is consistent with the company's history, as it has had difficulty showing a profit.
• The company released three new platforms -- SciTegic Pipeline Pilot 6.0, Materials Studio 4.1, and Discovery Studio 1.7 -- during the quarter.
• The company's weak performance has not gone unnoticed in our CAPS stock-rating service, where it has a lowly one-star rating.

(Figures in thousands, except per-share data)

Income Statement Highlights

	Q4 2006	Q4 2005	Change
Sales	$20,684	$20,433	1.2%
Net Profit	($1,081)	($567)	N/A
EPS	($0.04)	($0.02)	N/A
Diluted Shares	26,387	26,143	0.9%

Get back to basics with a look at the income statement.

Margin Checkup

	Q4 2006	Q4 2005	Change*
Gross Margin	78.1%	78.7%	(0.5)
Operating Margin	(7.2%)	(5.7%)	(1.5)
Net Margin	(5.2%)	(2.8%)	(2.5)

*Expressed in percentage points.

Margins are the earnings engine. See how they work.

Balance Sheet Highlights

Assets	Q4 2006	Q4 2005	Change
Cash + ST Invest.	$59,969	$50,079	19.7%
Accounts Rec.	$27,418	$37,434	(26.8%)
Inventory	No Data	No Data	No Data

Liabilities	Q4 2006	Q4 2005	Change
Accounts Payable	No Data	No Data	No Data
Long-Term Debt	$0	$0	N/A

Learn the ways of the balance sheet.

Cash Flow Highlights
A statement of cash flows was not provided. Boo!

Find out why Fools always follow the money.

Related Companies:

• Tripos (Nasdaq: TRPS  )
• Embarcadero Technologies (Nasdaq: EMBT  )
• Catapult Communications (Nasdaq: CATT  )
• Netsmart Technologies (Nasdaq: NTST  )

Related Foolishness:

• Accelrys Accelerates Help for the Life Sciences
• Embarcadero Logs Out
• Netsmart: Being Public Not So Smart

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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. This data has been provided by Netscribes. To provide feedback on this article, please click on the "feedback" button below.