On Nov. 1, analog and mixed-signal semiconductor maker Skyworks Solutions (NASDAQ:SWKS) released fiscal fourth-quarter earnings for the period ended Sept. 29.

  • Revenue in the core analog and RF businesses led to a 1.6% growth in sales.
  • The GAAP loss of $0.60 per share includes $90 million of asset impairments and shutdown costs for its baseband product line.
  • Our Motley Fool CAPS community is skeptical of the stock, assigning it a one-star rating.

(Figures in millions, except per-share data)

Income Statement Highlights

Q4 2006

Q4 2005

Change

Sales

$193

$190

1.6%

Net Profit

($96)

$3

N/A

EPS

($0.60)

$0.02

N/A

Diluted Shares

160

160

0.3%



Get back to basics with a look at the income statement.

Margin Checkup

Q4 2006

Q4 2005

Change*

Gross Margin

23.43%

36.43%

(13.00)

Operating Margin

(43.10%)

3.73%

(46.83)

Net Margin

(49.90%)

1.61%

(51.51)

*Expressed in percentage points.

Margins are the earnings engine. See how they work.

Balance Sheet Highlights

Assets

Q4 2006

Q4 2005

Change

Cash + ST Invest.

$171

$236

(27.4%)

Accounts Rec.

$159

$171

(7.4%)

Inventory

$82

$77

5.3%



Liabilities

Q4 2006

Q4 2005

Change

Accounts Payable

$73

$72

1.1%

Long-Term Debt

$179

$230

(22.0%)

Learn the ways of the balance sheet.

Cash Flow Highlights
Management was unable and/or unwilling to provide a cash flow statement with earnings.

Find out why Fools always follow the money.

Related companies:

  • Diodes (NASDAQ:DIOD)
  • Atheros Communications (NASDAQ:ATHR)
  • Hittite Microwave (NASDAQ:HITT)

Related Foolishness:

Atheros Communications is a Motley Fool Hidden Gems recommendation. Interested in outstanding small-cap stocks? Join Tom Gardner and other investors like you on the Hidden Gems discussion boards -- available for 30 days with a free trial.

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.