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) |
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.
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- Atheros Communications (NASDAQ:ATHR)
- Hittite Microwave (NASDAQ:HITT)
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