On Jan. 31, integrated circuit designer (and Motley Fool Stock Advisor recommendation) Silicon Laboratories (NASDAQ:SLAB) released fourth-quarter earnings for the period ended Dec. 30, 2006.

  • Revenue grew by just 1.1% year over year, while earnings took a big hit. Investors reacted accordingly, driving the stock down roughly 10%.
  • For the first quarter of 2007, management anticipates revenue to be in the range of $106 million to $111 million.
  • The stock carries a solid four-star rating in Motley Fool CAPS.
  • Read Rich Smith's Foolish take on the earnings report in "Silicon Labs Slips."

(Figures in millions, except per-share data)

Income Statement Highlights

Q4 2006

Q4 2005

Change

Sales

$111.0

$109.9

1.1%

Net Profit

$5.2

$15.3

(65.8%)

EPS

$0.09

$0.27

(66.7%)

Diluted Shares

56.1

56.2

(0.2%)



Get back to basics with a look at the income statement.

Margin Checkup

Q4 2006

Q4 2005

Change*

Gross Margin

53.4%

54.9%

(1.6)

Operating Margin

2.4%

16.2%

(13.8)

Net Margin

4.7%

13.9%

(9.2)

*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.

$386.3

$363.7

6.2%

Accounts Rec.

$49.7

$56.9

(12.6%)

Inventory

$40.3

$23.1

74.1%


Liabilities

Q4 2006

Q4 2005

Change

Accounts Payable

$36.4

$43.8

(17.0%)

Long-Term Debt

--

--

--



Learn the ways of the balance sheet.

Cash Flow Highlights
We think less of companies that still don't provide cash flow statements with their earnings reports. Silicon Labs did not provide a cash flow statement.

Find out why Fools always follow the money.

Related Companies:

  • Rambus (NASDAQ:RMBS)
  • Fairchild Semiconductor International (NYSE:FCS)
  • Spansion (NASDAQ:SPSN)
  • ON Semiconductor (NASDAQ:ONNN)

Related Foolishness:

Silicon Labs is a Stock Advisor pick. To see which other companies Tom and David Gardner have recommended to subscribers to the Fool's flagship newsletter, you can take 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.