On Oct. 24, cell phone chip and equipment maker RF Micro Devices
- The GAAP loss of $0.10 per share includes a $33.9 million impairment charge for its Jazz Semiconductor investment, as well as some other expenses.
- Excluding that, the business turned in an $0.11 per-share profit.
- Sales to large original equipment manufacturers (OEMs) helped revenue increase 39.5% over the prior-year period.
(Figures in millions, except per-share data)
Income Statement Highlights
|
Avg. Est. |
Q2 2007 |
Q2 2006 |
Change |
|
|---|---|---|---|---|
|
Sales |
$248 |
$247 |
$177 |
39.5% |
|
Net Profit |
-- |
($20) |
$6 |
N/A |
|
EPS |
$0.10 |
($0.10) |
$0.03 |
N/A |
|
Diluted Shares |
-- |
192 |
192 |
(0.3%) |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q2 2007 |
Q2 2006 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
34.89% |
36.02% |
(1.13) |
|
Operating Margin |
5.27% |
3.13% |
2.14 |
|
Net Margin |
(8.09%) |
3.35% |
(11.44) |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q2 2007 |
Q2 2006 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$169 |
$137 |
23.5% |
|
Accounts Rec. |
$133 |
$89 |
50.0% |
|
Inventory |
$121 |
$93 |
30.8% |
|
Liabilities |
Q2 2007 |
Q2 2006 |
Change |
|---|---|---|---|
|
Accounts Payable* |
$113 |
$50 |
126.6% |
|
Long-Term Debt |
$247 |
$227 |
9.1% |
Learn the ways of the balance sheet.
Cash Flow Highlights
Come on, management. Show us the money!
Find out why Fools always follow the money.
Related companies:
-
PMC-Sierra
(NASDAQ:PMCS) -
MicroSemi
(NASDAQ:MSCC) -
Amcor Technology
(NASDAQ:AMKR)
Related Foolishness:
Check out our suite of newsletters with a 30-day free trial.
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.
