On Oct. 20, SanDisk (NASDAQ:SNDK) released third-quarter 2005 earnings for the period ending Oct. 2.
- Top and bottom line accelerated as revenues grew 44.5% and EPS jumped 89.7%. See what happens when you invest in this kind of speed.
-
Earnings power was up as product gross margin rose to 37% from 29% in the prior-year quarter, and total gross margin climbed to 43.6%.
- Free cash flow rose nearly 200% over the first 3 quarters of the prior year. See why this matters.
(Figures in thousands, except per-share data)
Income Statement Highlights (What's this?)
|
Avg. Est. |
Q3 2005 |
Q3 2004 |
% Change | |
|---|---|---|---|---|
|
Sales |
$522,000 |
$589,631 |
$407,954 |
+44.5% |
|
Net Profit |
-- |
$107,458 |
$54,102 |
+98.6% |
|
EPS |
$0.35 |
$0.55 |
$0.29 |
+89.7% |
Margin Checkup (What's this?)
|
Q3 2005 |
Q3 2004 |
Change | |
|---|---|---|---|
|
Gross Margin |
43.55% |
36.13% |
+7.42% |
|
Op. Margin |
26.89% |
20.51% |
+6.38% |
|
Net Margin |
18.22% |
13.26% |
+4.96% |
Balance Sheet Highlights (What's this?)
|
Assets |
Q3 2005 |
Q3 2004 |
% Change |
|---|---|---|---|
|
Cash+ ST Invest. |
$1,655,550 |
$1,351,013 |
+22.5% |
|
Inventory |
$286,878 |
$181,329 |
+58.2% |
|
Accounts Rec. |
$211,219 |
$136,156 |
+55.1% |
|
Liabilities |
Q3 2005 |
Q3 2004 |
% Change |
|---|---|---|---|
|
Long-Term Debt |
$- |
$- |
N/A |
|
Accounts Pay. |
$146,317 |
$113,949 |
+28.4% |
Cash Flow Highlights (What's this?)
|
Q3 2005 |
Q3 2004 |
% Change | |
|---|---|---|---|
|
Cash From Ops |
$401,984 |
$215,330 |
+86.7% |
|
Capital Expend. |
$80,500 |
$108,019 |
-25.5% |
|
Free Cash Flow |
$321,484 |
$107,311 |
+199.6% |
Related Companies:
- Lexar (NASDAQ:LEXR)
- Motorola (NYSE:MOT)
- Apple (NASDAQ:AAPL)
- Intel (NASDAQ:INTC)
- AMD (NASDAQ:AMD)
- Sony (NYSE:SNE)
- Hynix
Related Foolishness:
- How can you find the ultimate growth stock?
- Review the power of margins.
- Learn how a single Rule Breaker can help you make a million over coffee.
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.
At the time of publication, Seth Jayson had shares of SanDisk but no positions in any other company mentioned. Fool rules are here.
