On July 20, Satyam Computer
- Net revenues improved 40.2% and net profits increased 23%. Unfortunately, this growth was offset by the appreciating Indian currency.
- Satyam strengthened its workforce by adding 2,716 associates, which includes 1,298 trainees.
- For fiscal 2008, the earnings are expected to be in the range of $1.96 billion to $1.98 billion.
- Satyam is a Motley Fool Stock Advisor recommendation and carries a five-star (out of a potential five) Motley Fool CAPS rating. Its competitors, Infosys Technologies
(NASDAQ:INFY) and Wipro(NYSE:WIT) , carry four- and five-star ratings, respectively.
(Figures in millions, except per-share data.)
Income Statement Highlights
|
Q1 2008 |
Q1 2007 |
Change |
|
|---|---|---|---|
|
Sales |
$452.3 |
$322.5 |
40.2% |
|
Net Profit |
$93.1 |
$75.5 |
23.3% |
|
EPS |
$0.14 |
$0.11 |
27.3% |
|
Diluted Shares |
679.5 |
673.0 |
1.0% |
Get back to basics with the income statement.
Margin Checkup
|
Q1 2008 |
Q1 2007 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
36.1% |
36.3% |
(0.2) |
|
Operating Margin |
19.9% |
20.7% |
(0.8) |
|
Net Margin |
20.6% |
23.4% |
(2.8) |
Margins are the earnings engine.
Balance Sheet Highlights
|
Assets |
Q1 2008 |
Q1 2007 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$187.5 |
$744.1 |
(74.8%) |
|
Accounts Rec. |
$408.9 |
$210.4 |
94.3% |
|
Liabilities |
Q1 2008 |
Q1 2007 |
Change |
|---|---|---|---|
|
Accounts Payable |
$18.9 |
$9.4 |
101.1% |
|
Long-Term Debt |
$23.6 |
$20.2 |
16.8% |
The balance sheet reflects the company's health.
Cash Flow Highlights
|
Q1 2008 |
Q1 2007 |
Change |
|
|---|---|---|---|
|
Cash From Ops. |
$44.7 |
$71.8 |
(37.7%) |
|
Capital Expenditures |
$21.6 |
$13.9 |
55.4% |
|
Free Cash Flow |
$23.1 |
$57.9 |
(60.1%) |
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.
