On May 10, 2006, Universal Display
- Sales of $3.27 million beat estimates and represented a triple-digit year-over-year percentage gain. That's outrageous growth.
- Net cash improved by roughly $10 million, and $4.4 million worth of debt was retired.
(Figures in thousands, except per-share data)
Income Statement Highlights
|
Avg. Est. |
Q1 2006 |
Q1 2005 |
% Change |
|
|---|---|---|---|---|
|
Sales |
$3,240 |
$3,271 |
$1,467 |
123% |
|
Net Profit |
-- |
($3,522) |
($4,991) |
N/A |
|
EPS |
$(0.14) |
($0.12) |
($0.18) |
N/A |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q1 2006 |
Q1 2005 |
Change |
|
|---|---|---|---|
|
Gross Margin |
97.6% |
98.17% |
(0.57%) |
|
Op. Margin |
(122.04%) |
(355.13%) |
233.09% |
|
Net Margin |
(107.66%) |
(340.2%) |
232.52% |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q1 2006 |
Q1 2005 |
% Change |
|---|---|---|---|
|
Cash+ ST Invest. |
$47,703 |
$41,837 |
14% |
|
Inventory |
$39 |
$39 |
0% |
|
Accounts Rec. |
$2,276 |
$1,146 |
98.6% |
|
Liabilities |
Q1 2006 |
Q1 2005 |
% Change |
|---|---|---|---|
|
Long-Term Debt |
-- |
$4,400 |
(100%) |
|
Accounts Pay. |
$623 |
$763 |
(18.3%) |
Learn the ways of the balance sheet.
Cash Flow Checkup
|
Q1 2006 |
Q1 2005 |
% Change |
|
|---|---|---|---|
|
Cash From Ops |
($3,316) |
($1,173) |
N/A |
|
Capital Expend. |
$430 |
$1,544 |
(72.2%) |
|
Free Cash Flow |
($3,746) |
($2,717) |
N/A |
Find out why Fools always follow the money.
Related Companies:
-
Cambridge Display Technology
(NASDAQ:OLED) -
Eastman Kodak
(NYSE:EK) -
NEC
(NASDAQ:NIPNY) - Samsung
-
Sony
(NYSE:SNE)
Related Foolishness:
- Last time we checked in with UDC, the results were pretty good, too.
- Is Universal Display a stock for the next generation?
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.
Universal Display is a Motley Fool Rule Breakers selection. Ask us for an all-access pass to find out what other stocks are helping David Gardner and his Foolish band of analysts beat the market's average return by more than 17%. It's free for 30 days.
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.
