On Oct. 26, security software maker McAfee (NYSE:MFE) released preliminary third-quarter earnings for the period ending Sept. 30, 2006.
- The earnings are "preliminary" because the firm is restating some past results related to the options backdating scandal.
- Despite a bump in its price, McAfee remains just a one-star stock in Motley Fool CAPS.
(Figures in thousands, except per-share data)
Income Statement Highlights
|
Avg. Est. |
Q3 2006 |
Q3 2005 |
Change | |
|---|---|---|---|---|
|
Sales |
$276 |
$288 |
$253 |
13.8% |
|
Net Profit |
-- |
$58 |
$63 |
(7.3%) |
|
EPS |
$0.30 |
$0.36 |
$0.37 |
(2.7%) |
|
Diluted Shares |
-- |
162 |
171 |
(5.4%) |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q3 2006 |
Q3 2005 |
Change* | |
|---|---|---|---|
|
Gross Margin |
82.88% |
86.89% |
(4.01) |
|
Operating Margin |
23.35% |
30.30% |
(6.95) |
|
Net Margin |
20.23% |
24.85% |
(4.62) |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q3 2006 |
Q3 2005 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$1,234 |
$440 |
180.3% |
|
Accounts Rec. |
$135 |
$106 |
26.9% |
|
Inventory |
-- |
-- |
-- |
|
Liabilities |
Q3 2006 |
Q3 2005 |
Change |
|---|---|---|---|
|
Accounts Payable |
$37 |
$28 |
32.5% |
|
Long-Term Debt |
-- |
-- |
-- |
Learn the ways of the balance sheet.
Cash Flow Highlights
Not much in the press release related to cash flow.
Find out why Fools always follow the money.
Related Companies:
- CA (NYSE:CA)
- Symantec (NASDAQ:SYMC)
- VeriSign (NASDAQ:VRSN)
Related Foolishness:
Symantec is an Inside Value recommendation. McAfee is a former Stock Advisor pick.
To find out what more than 11,500 investors think about McAfee -- and add your voice to the mix -- check out CAPS, the Fool's new community-intelligence stock-rating tool.
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.
