On Feb. 2, Intuitive Surgical
- Sales of $227.3 million easily outpaced Street estimates. Earnings, too, were higher than analysts expected, but EPS of $2.51 benefited from a $24 million tax benefit in Q4.
- Management said it expects 25% to 35% growth during 2006. Is that too conservative? Check out the debate on our discussion boards.
(Figures in thousands, except per-share data)
Income Statement Highlights
|
Avg. Est. |
FY 2005 |
FY 2004 |
% Change |
|
|---|---|---|---|---|
|
Sales |
$218,160 |
$227,338 |
$138,803 |
+63.8% |
|
Net Profit |
-- |
$94,134 |
$23,478 |
+300.9% |
|
EPS |
$1.69 |
$2.51 |
$0.67 |
+274.6% |
Get back to basics with a look at the income statement.
Margin Checkup
|
FY 2005 |
FY 2004 |
Change |
|
|---|---|---|---|
|
Gross Margin |
67.55% |
63.39% |
+4.16% |
|
Op. Margin |
30.25% |
15.26% |
+14.99% |
|
Net Margin |
41.41% |
16.91% |
+24.49% |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
FY 2005 |
FY 2004 |
% Change |
|---|---|---|---|
|
Cash + ST Invest. |
$202,739 |
$132,038 |
+53.5% |
|
Inventory |
$15,170 |
$5,966 |
+154.3% |
|
Accounts Rec. |
$52,849 |
$35,443 |
+49.1% |
|
Liabilities |
FY 2005 |
FY 2004 |
% Change |
|---|---|---|---|
|
Long-Term Debt |
-- |
-- |
N/A |
|
Accounts Pay. |
$7,950 |
$4,485 |
+77.3% |
Cash Flow Highlights
No cash flow statement provided. (Whatever.)
Find out why Fools always follow the money.
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Related Foolishness:
- You've seen the numbers; now get the analysis.
- Intuitive Surgical was a Daily Double back in November.
- Is torrid growth still in the company's future?
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.
Intuitive Surgical is a Motley Fool Rule Breakers selection. David Gardner looks for stocks that are a step ahead of the rest. For more on his newsletter, click here.
Fool contributor Tim Beyers didn't own shares in any of the companies mentioned in this story at the time of publication. You can find out what is in his portfolio by checking Tim's Fool profile. The Motley Fool has an ironclad disclosure policy.
