On Nov. 15, MTS Systems (NASDAQ:MTSC), a supplier of testing systems for manufacturers, released fourth-quarter earnings for the period ended Sept. 30.
- The 17.4% increase in net sales was driven by growth in both the test and the industrial segments.
- Fourth-quarter orders totaled $100.8 million, a decrease of 8% compared with $109.7 million for the fourth quarter of 2005.
- Management projects full-year 2007 revenue of $400 million to $410 million and EPS of $2.10 to $2.20.
- MTS needs more ratings to carry an official designation in Motley Fool CAPS. Do you have an opinion on the stock? Then make your call!
(Figures in millions, except per-share data)
Income Statement Highlights
|
Q4 2006 |
Q4 2005 |
Change | |
|---|---|---|---|
|
Sales |
$106.2 |
$90.5 |
17.4% |
|
Net Profit* |
$11.1 |
$8.5 |
31.4% |
|
EPS |
$0.60 |
$0.41 |
46.3% |
|
Diluted Shares |
18.6 |
20.4 |
(9.1%) |
*Includes income from continued operations
Get back to basics with a look at the income statement.
Margin Checkup
|
Q4 2006 |
Q4 2005 |
Change* | |
|---|---|---|---|
|
Gross Margin |
42.7% |
43.4% |
(0.6) |
|
Operating Margin |
13.8% |
10.2% |
3.6 |
|
Net Margin |
10.5% |
9.4% |
1.1 |
*Expressed in percentage points
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$121.5 |
$159.8 |
(23.9%) |
|
Accounts Rec. |
$100.1 |
$89.5 |
11.9% |
|
Inventory |
$40.5 |
$38.0 |
6.4% |
|
Liabilities |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Accounts Payable |
$17.1 |
$16.1 |
5.9% |
|
Long-Term Debt |
$9.0 |
$15.7 |
(42.6%) |
Learn the ways of the balance sheet.
Cash Flow Highlights
Alas, the company's own sensors would show it fails the shareholder-friendly test of providing us with a cash flow statement.
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.
