On Nov. 10, Cambridge Display Technology
- The designer of organic light-emitting diodes saw revenue decrease by 85.9%. The year-ago comparison included the sale of five development contracts.
- Accounts receivable spiked an uncomfortable 115%.
- The stock price dipped more than 15% after the earnings release.
- Our Motley Fool CAPS players rate the stock two stars out of five. Add your own thoughts.
(Figures in thousands, except per-share data)
Income Statement Highlights
|
Q3 2006 |
Q3 2005 |
Change |
|
|---|---|---|---|
|
Sales |
$925 |
$6,565 |
(85.9%) |
|
Net Profit |
($9,637) |
($8,591) |
N/A |
|
EPS |
($0.45) |
($0.44) |
N/A |
|
Diluted Shares |
21,483 |
19,485 |
10.3% |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q3 2006 |
Q3 2005 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
44.0% |
44.0% |
(0.0) |
|
Operating Margin |
(900.1%) |
(113.2%) |
(786.9) |
|
Net Margin |
(1,041.8%) |
(130.9%) |
(911.0) |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q3 2006 |
Q3 2005 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$15,583 |
$6,285 |
147.9% |
|
Accounts Rec. |
$4,656 |
$2,164 |
115.2% |
|
Inventory |
$253 |
-- |
-- |
|
Liabilities |
Q3 2006 |
Q3 2005 |
Change |
|---|---|---|---|
|
Accounts Payable |
$5,858 |
$6,140 |
(4.6%) |
|
Long-Term Debt |
-- |
-- |
-- |
Learn the ways of the balance sheet.
Cash Flow Highlights
|
YTD 2006 |
YTD 2005 |
Change |
|
|---|---|---|---|
|
Cash From Ops. |
($9,684) |
($15,496) |
N/A |
|
Capital Expenditures |
$1,215 |
$2,905 |
(58.2%) |
|
Free Cash Flow |
($10,899) |
($18,401) |
N/A |
Find out why Fools always follow the money.
Related Companies:
-
Universal Display
(NASDAQ:PANL) - ANTS Software
-
Odyssey Marine Exploration
(NASDAQ:OMR) -
National Research
(NASDAQ:NRCI)
Related Foolishness:
Universal Display is a Motley Fool Rule Breakers recommendation. See what other disruptive companies and emerging technologies make up the picks at Rule Breakers; take the newsletter service for afree, 30-day spin.
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