On Oct. 25, Affymetrix
- Revenues beat Street estimates by $5 million, while EPS was a loss of $0.21.
- Sales remained relatively flat at $85 million, with marginal growth of 1.5%.
- The company recorded a loss of $14 million because of restructuring charges of $10 million and stock-based compensation expenses of $3.6 million.
- Because of restructuring charges, the operating margin declined 2,851 basis points to -20.03%.
(Figures in millions, except per-share data)
Income Statement Highlights
|
Avg. Est. |
Q3 2006 |
Q3 2005 |
Change |
|
|---|---|---|---|---|
|
Sales |
$80 |
$84.7 |
$83.1 |
1.5% |
|
Net Profit |
-- |
($14.2) |
$9.4 |
N/A |
|
EPS |
($0.76) |
($0.21) |
$0.14 |
N/A |
|
Diluted Shares |
-- |
67 |
70 |
(4.3%) |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q3 2006 |
Q3 2005 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
59.70% |
70.32% |
(10.62) |
|
Operating Margin |
(20.03%) |
9.99% |
(30.02) |
|
Net Margin |
(16.72%) |
11.26% |
(27.98) |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q3 2006 |
Q3 2005 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$245.5 |
$275.5 |
(10.9%) |
|
Accounts Rec. |
$70.3 |
$67.4 |
4.3% |
|
Inventory |
$45.7 |
$34.6 |
32.1% |
|
Liabilities |
Q3 2006 |
Q3 2005 |
Change |
|---|---|---|---|
|
Accounts Payable* |
$60.9 |
$55.5 |
9.7% |
|
Long-Term Debt |
$120 |
$120 |
0.0% |
Learn the ways of the balance sheet.
Cash Flow Highlights
|
YTD 2006 |
YTD 2005 |
Change |
|
|---|---|---|---|
|
Cash From Ops. |
No Data |
No Data |
N/A |
|
Capital Expenditures |
No Data |
No Data |
N/A |
|
Free Cash Flow |
No Data |
No Data |
N/A |
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Related Foolishness:
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