On April 30, Atheros Communications
- Sales increased by 56% on the back of strong demand for WLAN and Ethernet products.
- Anders Bylund has somewhat conflicting feelings about Atheros' earnings report and its struggle against larger rivals Intel
(NASDAQ:INTC) , Texas Instruments(NYSE:TXN) , and Broadcom(NASDAQ:BRCM) . - The stock rocks in Motley Fool CAPS, where it has garnered the highest possible rating of five stars.
(Figures in thousands, except per-share data.)
Income Statement Highlights
Q1 2007 |
Q1 2006 |
Change |
|
---|---|---|---|
Sales |
$95,518 |
$61,084 |
56.4% |
Net Profit |
$7,599 |
$6,814 |
11.5% |
EPS |
$0.13 |
$0.13 |
0.0% |
Diluted Shares |
58,310 |
54,472 |
7.0% |
Get back to basics with the income statement.
Margin Checkup
Q1 2007 |
Q1 2006 |
Change* |
|
---|---|---|---|
Gross Margin |
47.7% |
48.2% |
(0.4) |
Operating Margin |
7.4% |
8.8% |
(1.4) |
Net Margin |
8% |
11.2% |
(3.2) |
Margins are the earnings engine.
Balance Sheet Highlights
Assets |
Q1 2007 |
Q1 2006 |
Change |
---|---|---|---|
Cash + ST Invest. |
$206,400 |
$185,713 |
11.1% |
Accounts Rec. |
$53,467 |
$30,455 |
75.6% |
Inventory |
$31,326 |
$24,606 |
27.3% |
The balance sheet reflects the company's health.
Cash Flow Highlights
One of the company's few dull spots: still no cash flow statement with earnings.
Free cash flow is a Fool's best friend.
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.