On April 19, Freescale Semiconductor
- Per-share earnings of $0.50, which trounced Street expectations, included a $0.04 charge for stock-based compensation and a $0.02 gain from an accounting change related to expensing options.
- Wireless and mobile proved to be the fastest-growing segment for the chip maker. Sales of wireless and mobile processors rose 18.5% year over year, while operating income from the segment improved by $28 million from last year's Q1.
- Management expects Q2 revenue to come in at $1.5 billion to $1.6 billion. Analysts project $1.51 billion, according to Capital IQ.
(Figures in millions, except per-share data)
Income Statement Highlights
|
Avg. Est. |
Q1 2006 |
Q1 2005 |
% Change |
|
|---|---|---|---|---|
|
Sales |
$1,490 |
$1,526 |
$1,442 |
5.8 |
|
Net Profit |
-- |
$212 |
$85 |
149.4 |
|
EPS |
$0.39 |
$0.50 |
$0.20 |
150 |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q1 2006 |
Q1 2005 |
% Change |
|
|---|---|---|---|
|
Gross Margin |
45.28 |
39.88 |
5.4 |
|
Op. Margin |
13.56 |
7.56 |
6 |
|
Net Margin |
13.89 |
5.89 |
8 |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q1 2006 |
Q1 2005 |
% Change |
|---|---|---|---|
|
Cash+ ST Invest. |
$1,379 |
$2,349 |
(41.3) |
|
Inventory |
$682 |
$742 |
(8.1) |
|
Accounts Rec. |
$545 |
$654 |
(16.7) |
|
Liabilities |
Q1 2006 |
Q1 2005 |
% Change |
|---|---|---|---|
|
Long-Term Debt |
$1,230 |
$1,248 |
(1.4) |
|
Accounts Pay. |
$572 |
$491 |
16.5 |
Learn the ways of the balance sheet.
Cash Flow Highlights
No cash flow statement provided. (Whatever.)
Find out why Fools always follow the money.
Related companies:
-
Advanced Micro Devices
(NYSE:AMD) -
Hewlett-Packard
(NYSE:HPQ) -
IBM
(NYSE:IBM) -
Intel
(NASDAQ:INTC) -
Microsoft
(NASDAQ:MSFT) -
Motorola
(NYSE:MOT)
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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.
Formfactor is a Motley Fool Hidden Gems recommendation. Microsoft and Intel are Motley Fool Inside Value selections. Get an all-access passto Inside Value to find out which other stocks are helping lead analyst Philip Durell beat the market by nearly 4%. You'll also receive instructive lessons on valuation and company analysis. Give Inside Value a try; it's free for 30 days.
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 is in his portfolio by checking Tim's Fool profile. The Motley Fool has an ironclad disclosure policy.
