By
Motley Fool Contributors
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November 3, 2006
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On Nov. 2, LeapFrog Enterprises (NYSE: LF ) released second-quarter earnings for the period ended Sept. 30.
- Revenues and EPS were well below expectations, causing management to implement "significant changes" to the business.
- Margins got crushed from excess reserves and obsolete inventory.
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Read a Foolish take on the quarter's results.
(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
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Sales
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$218
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$185
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$243
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(23.9%)
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Net Profit
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--
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($50)
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$33
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N/A
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EPS
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$0.34
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($0.79)
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$0.52
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N/A
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Diluted Shares
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--
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63
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63
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0.4%
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Get back to basics with a look at the income statement.
Margin Checkup
*Expressed in percentage points.
Margins 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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$135
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$74
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82.0%
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Accounts Rec.
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$153
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$220
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(30.5%)
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Inventory
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$154
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$212
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(27.1%)
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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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$84
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$121
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(30.4%)
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Long-Term Debt
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$0
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$0
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N/A
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Learn the ways of the balance sheet.
Cash Flow Highlights
Find out why Fools always follow the money.
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Related Foolishness:
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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. This data has been provided by Netscribes. To provide feedback on this article, please click on the "feedback" button below.
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