PortalPlayer Turns Up the Volume: Fool by Numbers

On July 25, PortalPlayer (Nasdaq: PLAY  ) released earnings for its fiscal 2005 second quarter, which ended June 30.

  • EPS of $0.27 per share, as well as analyst estimates for the quarter, excludes the effects of stock-based compensation. GAAP earnings per share were $0.25 for Q2 2005, up from a $0.64-per-stub loss in Q2 2004.
  • Q3 estimates call for revenue between $50 million and $60 million, due in part to recognizing sales from new flash-based MP3 players incorporating its designs.
  • GAAP net income for Q3 is expected to be between $0.28 and $0.36 per stub. Non-GAAP earnings per share are expected to come in between $0.30 and $0.38.

(Figures in thousands, except per-share data)

Income Statement Highlights(What's this?)

Avg. Est.

Q2 2005

Q2 2004

% Change

Sales

$44,130

$44,567

$12,035

+270.3%

Net Profit

--

$6,333

$(880)

N/A

EPS

$0.24

$0.27

$0.05

+440.0%

Margin Checkup(What's this?)

Q2 2005

Q2 2004

Change

Gross Margin

43.00%

42.54%

+0.46%

Op. Margin

16.42%

-7.24%

+23.66%

Net Margin

14.21%

-7.31%

+21.52%

Balance Sheet Highlights(What's this?)

Assets

Q2 2005

Q2 2004

% Change

Cash+ ST Invest.

$150,456

$8,769

+1615.8%

Inventory

$1,050

$4,495

-76.6%

Accounts Rec.

$25,165

$7,405

+239.8%

Liabilities

Notes Payable

--

$4,405

-100.0%

Accounts Pay.

$15,585

$1,122

+1289.0%



Cash Flow Highlights(What's this?)

No cash flow statement provided. (Boo!)

Related Companies:

  • Apple Computer (Nasdaq: AAPL  )
  • Creative Technology (Nasdaq: CREAF  )
  • Philips Electronics (NYSE: PHG  )
  • SigmaTel (Nasdaq: SGTL  )
  • Sony (NYSE: SNE  )
  • Synaptics (Nasdaq: SYNA  )

Related Foolishness:

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.comfor more of our in-depth discussion of what the numbers mean.

Fool contributor Tim Beyers didn't own shares in any of the companies mentioned in this story at the time of publication. You can find out what's in his portfolio by checking Tim's Fool profile, which is here. The Motley Fool has an ironclad disclosure policy.


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