On June 28, smartphone and PDA specialist Palm
- At least the cash flow picture has improved for this Motley Fool Stock Advisor recommendation. Both cash from operations and free cash flow flipped from negative in last year's Q4 to positive this time around.
- If you're keeping track, revenue for the current first quarter is expected to be in the $355 million to $365 million range, with EPS somewhere close to breakeven.
- Read Rich Smith's semi-optimistic view of today's earnings right here.
- In Motley Fool CAPS, the stock receives a lowly one-star rating.
(Figures in millions, except per-share data.)
Income Statement Highlights
|
Q4 2007 |
Q4 2006 |
Change |
|
|---|---|---|---|
|
Sales |
$401.3 |
$403.1 |
(0.5%) |
|
Net Profit |
$15.4 |
$27.2 |
(43.5%) |
|
EPS |
$0.15 |
$0.25 |
(40%) |
|
Diluted Shares |
105.2 |
108.2 |
(2.8%) |
Get back to basics with the income statement.
Margin Checkup
|
Q4 2007 |
Q4 2006 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
38.2% |
37.2% |
1.1 |
|
Operating Margin |
4.3% |
5.8% |
(1.6) |
|
Net Margin |
3.8% |
6.7% |
(2.9) |
Margins are the earnings engine.
Balance Sheet Highlights
|
Assets |
Q4 2007 |
Q4 2006 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$546.7 |
$518.9 |
5.4% |
|
Accounts Rec. |
$204.3 |
$204.3 |
(0%) |
|
Inventory |
$39.2 |
$58.0 |
(32.5%) |
|
Liabilities |
Q4 2007 |
Q4 2006 |
Change |
|---|---|---|---|
|
Accounts Payable |
$196.2 |
$184.5 |
6.3% |
|
Long-Term Debt |
$0.0 |
$0.0 |
N/A |
The balance sheet reflects the company's health.
Cash Flow Highlights
|
Q4 2007 |
Q4 2006 |
Change |
|
|---|---|---|---|
|
Cash From Ops. |
$42.9 |
($28.1) |
N/A |
|
Capital Expenditures |
$5.0 |
$3.3 |
54.3% |
|
Free Cash Flow |
$37.9 |
($31.3) |
N/A |
Free cash flow is a Fool's best friend.
Related Foolishness:
- Treo Tries, Wi-Fi Dies
- Foolish Forecast: Palm Gets the Brush-Off
- Fool Video: Invest in Palm, Invest in the Next iPod?
Palm is a Stock Advisor pick.
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.
