On July 26, Motley Fool Rule Breakers selection Akamai Technologies
- Akamai earned $0.20 per share after excluding amortization of intangibles, equity-related compensation, and a portion of its net loss carryforward. That beat Street expectations by $0.02.
- Sales of $100.6 million also easily exceeded estimates. Gross margin edged slightly lower, however.
- Akamai passed 2,000 recurring revenue customers for the first time during Q2.
(Figures in thousands, except per-share data)
Income Statement Highlights
|
Avg. Est. |
Q2 2006 |
Q2 2005 |
Change |
|
|---|---|---|---|---|
|
Sales |
$94,710 |
$100,649 |
$64,649 |
55.7% |
|
Net Profit |
-- |
$11,264 |
$15,900 |
(29.2%) |
|
EPS |
$0.18 |
$0.07 |
$0.11 |
(36.4%) |
|
Diluted Shares |
175,612 |
149,986 |
17.1% |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q2 2006 |
Q2 2005 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
78.94% |
80.28% |
(1.34) |
|
Operating Margin |
17.18% |
26.55% |
(9.37) |
|
Net Margin |
11.19% |
24.59% |
(13.40) |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q2 2006 |
Q2 2005 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$258,931 |
$103,893 |
149.2% |
|
Accounts Rec. |
$63,963 |
$40,366 |
58.5% |
|
Liabilities |
Q2 2006 |
Q2 2005 |
Change |
|---|---|---|---|
|
Accounts Payable |
$62,247 |
$54,930 |
13.3% |
|
Long-Term Debt |
$200,000 |
$256,614 |
(22.1%) |
Learn the ways of the balance sheet.
Cash Flow Checkup
|
Q2 2006 |
Q2 2005 |
Change |
|
|---|---|---|---|
|
Cash From Ops. |
$27,746 |
$16,924 |
63.9% |
|
Capital Expenditures |
$14,227 |
$9,805 |
45.1% |
|
Free Cash Flow |
$13,519 |
$7,119 |
89.9% |
Find out why Fools always follow the money.
Related Companies:
- Limelight Networks
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SAVVIS
(NASDAQ:SVVS) -
VitalStream
(NASDAQ:VSTH)
Related Foolishness:
- Our full analysis of Akamai's earnings.
- Web 2.0, Akamai Style
- Rival CDN Limelight Networks is in the spotlight.
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.
Akamai is a Motley Fool Rule Breakers selection. Ask us for an all-access pass to the service to get a closer look at the four multibagger stocks the team has uncovered. Go ahead, you've got nothing to lose. Your pass is free and it's good for 30 days.
Fool contributor Tim Beyers owns shares of Akamai. You can find out what else is in his portfolio by checking Tim's Fool profile. The Motley Fool has an ironclad disclosure policy.
