On April 26, security software maker McAfee
- Preliminary, because the company plans to restate earnings over a 10-year period because of the stock-option backdating scandal.
- Still, revenues grew by 15.5%, backed by robust performance across all geographic areas.
- McAfee rates just one star, the lowest ranking in our Motley Fool CAPS community intelligence tool.
(Figures in millions, except per-share data.)
Income Statement Highlights
|
Q1 2007 |
Q1 2006 |
Change |
|
|---|---|---|---|
|
Sales |
$314.2 |
$272.0 |
15.5% |
|
Net Profit |
$46.2 |
$40.9 |
12.9% |
|
EPS |
$0.28 |
$0.25 |
12% |
|
Diluted Shares |
163.2 |
166.8 |
(2.2%) |
Get back to basics with the income statement.
Margin Checkup
|
Q1 2007 |
Q1 2006 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
78% |
80.8% |
(2.9) |
|
Operating Margin |
15.3% |
18.5% |
(3.2) |
|
Net Margin |
14.7% |
15% |
(0.3) |
Margins are the earnings engine.
Balance Sheet Highlights
|
Assets |
Q1 2007 |
Q1 2006 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$1,342.3 |
$1,137.6 |
18% |
|
Accounts Rec. |
$146.8 |
$123.8 |
18.5% |
|
Liabilities |
Q1 2007 |
Q1 2006 |
Change |
|---|---|---|---|
|
Accounts Payable |
$37.8 |
$34.3 |
10.2% |
The balance sheet reflects the company's health.
Cash Flow Highlights
No help from management here.
Free cash flow is a Fool's best friend.
Related Foolishness:
- Foolish Forecast: Too Many Options at McAfee
- Sourcefire's Smokin' Debut
- Guidance's Legal "Land Grab"
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.
