On Feb. 20, biomedical-technology specialist Nanogen (NASDAQ:NGEN) released fourth-quarter earnings for the period ended Dec. 31.

  • Revenues showed a huge growth of 184% as a result of acquired revenue and organic growth.
  • The company issued an additional $7.5 million of stock to enhance its cash resources in the quarter.
  • Nanogen expects year-over-year annual revenue growth to exceed 50% in 2007.
  • The company is a two-star stock in Motley Fool CAPS, the Fool's community-based stock-rating service.

(Figures in thousands, except per-share data)

Income Statement Highlights

Q4 2006

Q4 2005

Change

Sales

$8,684

$3,062

183.6%

Net Profit

($11,238)

($69,678)

N/A

EPS

($0.17)

($1.27)

N/A

Diluted Shares

67,968

54,689

24.3%



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

Margin Checkup

Q4 2006

Q4 2005

Change*

Gross Margin

59.2%

52.8%

6.4

Operating Margin

(126.3%)

(2,288.6%)

2,162.4

Net Margin

(129.4%)

(2,275.6%)

2,146.2

*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.

$25,184

$32,379

(22.2%)

Accounts Rec.

$11,568

$2,141

440.3%

Inventory

$7,691

$3,724

106.5%



Liabilities

Q4 2006

Q4 2005

Change

Accounts Payable

$13,396

$7,728

73.3%

Long-Term Debt

$25,774

$9,682

(166.2%)



Learn the ways of the balance sheet.

Cash Flow Highlights
No data available.

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Related Companies:

  • Applera (NYSE:ABI)
  • Biosite (NASDAQ:BSTE)
  • Transgenomic (NASDAQ:TBIO)
  • Affymetrix (NASDAQ:AFFX)
  • CuraGen (NASDAQ:CGEN)

Related Foolishness:

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