On Oct. 25, Microchip Technology
- Revenues rose by 17.9% to $268 million, driven by strong performance in both the flash microcontrollers and 16-bit microcontroller segments (which experienced 42.3% growth and 210% growth year over year, respectively).
- Microchip Technology increased its dividend to $0.25 per share.
- The company's board has authorized a stock repurchase program of up to 10 million shares.
(Figures in millions, except per-share data)
Income Statement Highlights
Avg. Est. |
Q2 2006 |
Q2 2005 |
Change |
|
---|---|---|---|---|
Sales |
$269 |
$267.93 |
$227.30 |
17.9% |
Net Profit |
-- |
$79.48 |
$65.65 |
21.1% |
EPS |
$0.36 |
$0.36 |
$0.31 |
16.1% |
Diluted Shares |
-- |
220 |
215 |
2.5% |
Get back to basics with a look at the income statement.
Margin Checkup
Q2 2006 |
Q2 2005 |
Change* |
|
---|---|---|---|
Gross Margin |
60.45% |
59.20% |
1.25 |
Operating Margin |
34.10% |
34.89% |
(0.79) |
Net Margin |
29.66% |
28.88% |
0.78 |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
Assets |
Q2 2006 |
Q2 2005 |
Change |
---|---|---|---|
Cash + ST Invest. |
$612.02 |
$902.49 |
(32.2%) |
Accounts Rec. |
$123.11 |
$120.50 |
2.2% |
Inventory |
$117.58 |
$110.23 |
6.7% |
Liabilities |
Q2 2006 |
Q2 2005 |
Change |
---|---|---|---|
Accounts Payable |
$246.70 |
$32.63 |
656.1% |
Learn the ways of the balance sheet.
Cash Flow Highlights
Where's the money? They didn't show us.
Find out why Fools always follow the money.
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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.