On Thursday, Feb. 1, Mylan Laboratories (NYSE:MYL) released third-quarter earnings for the period ended Dec. 31.
- Net revenue increased 29.1% to $401.8 million thanks to new products.
- Margins were up considerably across the board, leading to significant EPS growth.
- Players in our Motley Fool CAPS stock ratings database are generally bullish on Mylan's prospects, awarding it four stars.
(Figures in millions, except per-share data)
Income Statement Highlights
|
Q3 2007 |
Q3 2006 |
Change | |
|---|---|---|---|
|
Sales |
$401.8 |
$311.2 |
29.1% |
|
Net Profit |
$135.4 |
$48.2 |
181.0% |
|
EPS |
$0.63 |
$0.22 |
186.4% |
|
Diluted Shares |
216.0 |
218.7 |
(1.3%) |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q3 2007 |
Q3 2006 |
Change* | |
|---|---|---|---|
|
Gross Margin |
55.9% |
50.1% |
5.8 |
|
Operating Margin |
45.7% |
25.1% |
20.6 |
|
Net Margin |
33.7% |
15.5% |
18.2 |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q3 2007 |
Q3 2006 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$466.0 |
$557.1 |
(16.4%) |
|
Accounts Rec. |
$312.3 |
$212.2 |
47.1% |
|
Inventory |
$314.9 |
$253.7 |
24.1% |
|
Liabilities |
Q3 2007 |
Q3 2006 |
Change |
|---|---|---|---|
|
Accounts Payable |
No Data |
$55.7 |
No Data |
|
Long-Term Debt |
$687.0 |
$770.9 |
(10.9%) |
Learn the ways of the balance sheet.
Cash Flow Highlights
A statement of cash flows wasn't provided.
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Related companies:
- Barr Pharmaceuticals (NYSE:BRL)
- Watson Pharmaceuticals (NYSE:WPI)
- Par Pharmaceutical (NYSE:PRX)
- Forest Laboratories (NYSE:FRX)
- Teva Pharmaceutical Industries (NASDAQ:TEVA)
Related Foolishness:
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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.
