On April 13, Infosys Technologies (NASDAQ:INFY) released fourth-quarter earnings for the period ended March 31.

  • Revenues increased by 45.5%, led by a strong growth in the global IT services industry. In addition, 34 new clients were added during the quarter.
  • The liquidity position of the company continues to be strong, with $1.4 billion in cash and no debt.
  • Read a full analysis of the quarter here.
  • Learn more about Infosys, Wipro (NASDAQ:WIT), and Satyam Computers (NYSE:SAY) in the Foolish Forum.

(Figures in millions, except per-share data)

Income Statement Highlights

Q4 2007

Q4 2006

Change

Sales

$863.0

$593.0

45.5%

Net Profit

$259.0

$152.0

70.4%

EPS

$0.45

$0.27

66.7%

Diluted Shares

569.9

561.3

1.5%

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

Margin Checkup

Q4 2007

Q4 2006

Change*

Gross Margin

42.4%

40.3%

2.1

Operating Margin

27.5%

26.3%

1.2

Net Margin

30.0%

25.6%

4.4

*Expressed in percentage points.

Margins are the earnings engine. See how they work.

Balance Sheet Highlights

Assets

Q4 2007

Q4 2006

Change

Cash + ST Invest.

$1,409.0

$1,059.0

33.1%

Accounts Rec.

$565.0

$361.0

56.5%

Liabilities

Q4 2007

Q4 2006

Change

Accounts Payable

$6.0

$3.0

100.0%

Long-Term Debt

$0.0

$0.0

N/A

Learn the ways of the balance sheet.

Cash Flow Highlights

Data not available.

Related Foolishness:

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