On April 25, mixed signal semiconductor maker Skyworks Solutions (NASDAQ:SWKS) released second-quarter earnings for the period ended March 30.
- Things seem to be looking up for the firm's new business model, and investors agreed by sending the stock up 20%.
- For the third quarter, management expects growth from several new product lines to largely offset the weakness of top-tier handsets. Look for pro forma EPS in the range of $0.08 to $0.11.
- Skyworks is but a one-star stock in Motley Fool CAPS.
(Figures in millions, except per-share data)
Income Statement Highlights
|
Q2 2007 |
Q2 2006 |
Change | |
|---|---|---|---|
|
Sales |
$180.2 |
$185.2 |
(2.7%) |
|
Net Profit |
$12.2 |
$0.9 |
1,217.2% |
|
EPS |
$0.08 |
$0.01 |
700.0% |
|
Diluted Shares |
162.0 |
159.6 |
1.5% |
Get back to basics with the income statement.
Margin Checkup
|
Q2 2007 |
Q2 2006 |
Change* | |
|---|---|---|---|
|
Gross Margin |
38.1% |
37.4% |
0.7 |
|
Operating Margin |
7.2% |
1.4% |
5.9 |
|
Net Margin |
6.8% |
0.5% |
6.3 |
Margins are the earnings engine.
Balance Sheet Highlights
|
Assets |
Q2 2007 |
Q2 2006 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$222.8 |
$177.0 |
25.9% |
|
Accounts Rec. |
$161.2 |
$172.8 |
(6.7%) |
|
Inventory |
$76.2 |
$92.8 |
(17.9%) |
|
Liabilities |
Q2 2007 |
Q2 2006 |
Change |
|---|---|---|---|
|
Accounts Payable |
$60.7 |
$74.7 |
(18.8%) |
|
Long-Term Debt |
$200.0 |
$179.3 |
11.5% |
The balance sheet reflects the company's health.
Cash Flow Highlights
No data available. Perhaps next time?
Free cash flow is a Fool's best friend.
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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.
