On Nov. 2, Electronic Arts
- Sales increased by 16.1% to $784 million, driven primarily by the Madden NFL 07 and FIFA 07 titles.
- Net income saw a 56.9% decline because of an increase in cost of sales, R&D expenses, and stock options expenses.
- Click here for Rick Munarriz's analysis of Q2 results.
- The stock has a three-star rating in Motley Fool CAPS.
(Figures in millions, except per-share data)
Income Statement Highlights
|
Avg. Est. |
Q2 2006 |
Q2 2005 |
Change |
|
|---|---|---|---|---|
|
Sales |
$673 |
$784 |
$675 |
16.1% |
|
Net Profit |
-- |
$22 |
$51 |
(56.9%) |
|
EPS |
$0.02 |
$0.07 |
$0.16 |
(56.3%) |
|
Diluted Shares |
-- |
315 |
314 |
0.3% |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q2 2006 |
Q2 2005 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
56.76% |
57.93% |
(1.17) |
|
Operating Margin |
1.79% |
7.26% |
(5.47) |
|
Net Margin |
2.81% |
7.56% |
(4.75) |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q2 2006 |
Q2 2005 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$2,376 |
$2,412 |
(1.5%) |
|
Accounts Rec. |
$267 |
$328 |
(18.6%) |
|
Inventory |
$67 |
$74 |
(9.5%) |
|
Liabilities |
Q2 2006 |
Q2 2005 |
Change |
|---|---|---|---|
|
Accounts Payable |
$199 |
$171 |
16.4% |
|
Long-Term Debt |
$0 |
$0 |
N/A |
Learn the ways of the balance sheet.
Cash Flow Highlights
|
YTD 2006 |
YTD 2005 |
Change |
|
|---|---|---|---|
|
Cash From Ops. |
($6) |
$12 |
N/A |
|
Capital Expenditures |
$48 |
$23 |
108.7% |
|
Free Cash Flow |
($54) |
($11) |
N/A |
Find out why Fools always follow the money.
Related companies:
-
Activision
(NASDAQ:ATVI) -
THQ
(NASDAQ:THQI) -
Konami
(NYSE:KNM)
Related Foolishness:
Electronic Arts and Activision are Motley Fool Stock Advisor recommendations.
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.
