By
Tim Beyers
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More Articles
October 19, 2006
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On Tuesday, Intel (Nasdaq: INTC ) released Q3 2006 earnings for the period ending Sept. 30.
- The company earned $0.27 per share after accounting for share-based compensation, which easily beat the Street's $0.18 estimate.
- What's more, the chip maker topped analyst projections on the top line by more than $100 million.
- But not all the news was good; inventory continued a steep climb upward, increasing 59% year over year. That's hardly encouraging news when sales were down 12% over the same period.
(Figures in millions, except per-share data)
Income Statement Highlights
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Avg. Est.
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Q3 2006
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Q3 2005
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Change
|
|
Sales
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$8,620
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$8,739
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$9,960
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(12.3%)
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Net Profit
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--
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$1,301
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$1,995
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(34.8%)
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EPS
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$0.18
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$0.22
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$0.32
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(31.3%)
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Diluted Shares
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--
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5,832
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6,144
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(5.1%)
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Get back to basics with a look at the income statement.
Margin Checkup
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Q3 2006
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Q3 2005
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Change*
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Gross Margin
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49.14%
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59.72%
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(10.58)
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Operating Margin
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15.72%
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31.12%
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(15.40)
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Net Margin
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14.89%
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20.03%
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(5.14)
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* Expressed in percentage pointsMargins are the earnings engine. See how they work.
Balance Sheet Highlights
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Assets
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Q3 2006
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Q3 2005
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Change
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Cash + ST Invest.
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$7,123
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$11,951
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(40.4%)
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Accounts Rec.
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$3,358
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$3,748
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(10.4%)
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Inventory
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$4,477
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$2,815
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59%
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Liabilities
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Q3 2006
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Q3 2005
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Change
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Accounts Payable
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$6,880
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$6,654
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3.4%
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Long-Term Debt
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$2,256
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$684
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229.8%
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Learn the ways of the balance sheet.
Cash Flow Checkup
Cash flow statement not provided. (What-ever.)
Find out why Fools always follow the money.
Related Companies:
- Advanced Micro Devices (NYSE: AMD )
- Dell (Nasdaq: DELL )
- Hewlett-Packard (NYSE: HPQ )
- IBM (NYSE: IBM )
- Marvell Technology (Nasdaq: MRVL )
- Sun Microsystems (Nasdaq: SUNW )
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 checkFool.comfor more of our in-depth discussion of what the numbers mean.
Dell, Intel, and Microsoft are allMotley Fool Inside Valuepicks. Dell is also aMotley Fool Stock Advisorselection. Get 30 days of free access to either service by clicking on the appropriate link.
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 which stocks he owns by checking Tim's Fool profile. The Motley Fool's disclosure policy always adds up.
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