On July 5, Healthways
- Healthways was able to increase revenue significantly, although the bottom line barely budged as margins fell.
- The board of directors authorized the repurchase of $100 million of the common stock from open market operations or through private negotiations. This represents about 6% of outstanding shares at current prices.
- For fiscal 2007, the company revised its revenue guidance to be $618 million to $630 million as compared with previous guidance of $640 million to $659 million.
- Healthways is a five-star stock in Motley Fool CAPS.
(Figures in millions, except per-share data.)
Income Statement Highlights
|
Q3 2007 |
Q3 2006 |
Change |
|
|---|---|---|---|
|
Sales |
$167.9 |
$106.8 |
57.2% |
|
Net Profit |
$10.8 |
$9.3 |
15.6% |
|
EPS |
$0.29 |
$0.26 |
11.5% |
|
Diluted Shares |
37.1 |
36.5 |
1.5% |
Get back to basics with the income statement.
Margin Checkup
|
Q3 2007 |
Q3 2006 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
32.8% |
31.1% |
1.7 |
|
Operating Margin |
13.8% |
14.8% |
(1.0) |
|
Net Margin |
6.4% |
8.7% |
(2.3) |
Margins are the earnings engine.
Balance Sheet Highlights
|
Assets |
Q3 2007 |
Q3 2006 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$61.6 |
$125.7 |
(51%) |
|
Accounts Rec. |
$85.0 |
$56.1 |
51.4% |
|
Inventory |
No Data |
No Data |
No Data |
|
Liabilities |
Q3 2007 |
Q3 2006 |
Change |
|---|---|---|---|
|
Accounts Payable |
$16.3 |
$6.8 |
140.9% |
|
Long-Term Debt |
$317.6 |
$0.3 |
105,767.7** |
The balance sheet reflects the company's health.
Cash Flow Highlights
|
YTD 2007 |
YTD 2006 |
Change |
|
|---|---|---|---|
|
Cash From Ops. |
$70.2 |
$61.3 |
14.7% |
|
Capital Expenditures |
$19.9 |
$18.1 |
10% |
|
Free Cash Flow |
$50.4 |
$43.2 |
16.6% |
Free cash flow is a Fool's best friend.
Related Foolishness:
- Healthways Still Healthy
- Foolish Forecast: Healthways Gets a Checkup
- Before the Call: Is Healthways Still Healthy?
Healthways is a Stock Advisor recommendation.
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.
