Accelrys Crawls Forward: Fool by Numbers

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On May 15, Accelrys (Nasdaq: ACCL) released fourth-quarter earnings for the period ended March 31.

• While Accelrys still has room to improve, it made some progress in reining in its expenses to improve its bottom line; meanwhile, revenues held steady.
• Net loss was down to $1.05 million, thanks to the leverage on product development cost and a significant reduction in restructuring charges.
• The company released several new products that could improve revenue growth in the coming quarters.
• Accelrys has a strong balance sheet with over $70 million in cash and no long-term debt.

(Figures in thousands, except per-share data.)

Income Statement Highlights

	Q4 2007	Q4 2006	Change
Sales	$19,889.0	$19,429.0	2.4%
Net Profit	($1,050.0)	($6,427.0)	N/A
EPS	($0.04)	($0.25)	N/A
Diluted Shares	26,487.0	26,195.0	1.1%

Get back to basics with the income statement.

Margin Checkup

	Q4 2007	Q4 2006	Change*
Gross Margin	79.7%	78.5%	1.2
Operating Margin	(8.3%)	(32.8%)	24.6
Net Margin	(5.3%)	(33.1%)	27.8

*Expressed in percentage points.

Margins are the earnings engine.

Balance Sheet Highlights

Assets	Q4 2007	Q4 2006	Change
Cash + ST Invest.	$70,757.0	$66,022.0	7.2%
Accounts Rec.	$18,617.0	$17,289.0	7.7%
Inventory	No Data	No Data	No Data

Liabilities data was not available. 

The balance sheet reflects the company's health.

Cash Flow Highlights

A statement of cash flows was not provided. (Lame!)

Free cash flow is a Fool's best friend.

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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.