On Aug. 30, optical-networking specialist JDS Uniphase
- Margins of all kinds are still moving in the right direction, continuing recent trends, but GAAP profitability remains a distant goal.
- The acquisition of network-testing specialist Acterna last fall nearly doubled revenues and improved margins, too.
- Most of that massive share dilution was also a result of that part-cash, part-stock-swap acquisition.
(Figures in millions, except per-share data)
Income Statement Highlights
Avg. Est. |
Q4 2006 |
Q4 2005 |
Change |
|
---|---|---|---|---|
Sales |
$314 |
$318 |
$171 |
86.2% |
Net Profit |
-- |
($46) |
($146) |
N/A |
EPS |
$0.00 |
($0.03) |
($0.10) |
N/A |
Diluted Shares |
1,685 |
1,448 |
16.3% |
Get back to basics with a look at the income statement.
Margin Checkup
Q4 2006 |
Q4 2005 |
Change* |
|
---|---|---|---|
Gross Margin |
30.08% |
14.28% |
15.80 |
Operating Margin |
(20.30%) |
(73.38%) |
53.08 |
Net Margin |
(14.39%) |
(85.25%) |
70.86 |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
Assets | Q4 2006 | Q4 2005 | Change |
---|---|---|---|
Cash + ST Invest. | $1,239 | $1,305 | (5.1%) |
Accounts Rec. | $232 | $102 | 127.1% |
Inventory | $202 | $97 | 107.6% |
Liabilities | Q4 2006 | Q4 2005 | Change |
---|---|---|---|
Accounts Payable | $127 | $75 | 68.6% |
Long-Term Debt | $900 | $475 | 89.3% |
Learn the ways of the balance sheet.
Cash Flow Highlights
Once again, we're denied a proper cash flow statement. Curses!
Find out why Fools always follow the money.
Related Companies:
- Cisco
(NASDAQ:CSCO) - McData
(NASDAQ:MCDT) - Verizon
(NYSE:VZ) - Sun Microsystems
(NASDAQ:SUNW) - Nortel
(NYSE:NT) - Lucent
(NYSE:LU)
Related Foolishness:
- Foolish Fundamentals: Margins
- Foolish Fundamentals: Valuation
- Foolish Fundamentals: GAAP
- Foolish Fundamentals: The Income Statement
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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 checkFool.comfor more of our in-depth discussion of what the numbers mean.
At the time of publication,Anders Bylundhad no position in any company mentioned. Fool rules arehere.