On Feb. 13, Blackboard
- Total company revenue grew 19%, meeting analyst expectations.
- Blackboard reported diluted EPS of $0.79. Net of a favorable tax benefit, the company reported $0.28 diluted earnings, or $0.02 ahead of estimates.
- Management gave Q1 2006 guidance for GAAP net EPS at $0.12 to $0.13 per share compared with current estimates of $0.16.
(Figures in thousands, except per-share data)
Income Statement Highlights
|
Avg. Est. |
Q4 2005 |
Q4 2004 |
% Change |
|
|---|---|---|---|---|
|
Sales |
$35,620 |
$35,746 |
$30,053 |
+18.9% |
|
Net Profit* |
-- |
$23,111 |
$4,732 |
+388.4% |
|
EPS* |
$0.26 |
$0.79 |
$0.17 |
+364.7% |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q4 2005 |
Q4 2004 |
Change |
|
|---|---|---|---|
|
Gross Margin |
70.60% |
69.97% |
+0.63% |
|
Op. Margin |
19.42% |
14.68% |
+4.74% |
|
Net Margin |
64.65% |
15.75% |
+48.91% |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q4 2005 |
Q4 2004 |
% Change |
|---|---|---|---|
|
Cash+ ST Invest. |
$138,497 |
$98,149 |
+41.1% |
|
Inventory |
$1,806 |
$1,994 |
-9.4% |
|
Accounts Rec. |
$26,136 |
$21,686 |
+20.5% |
|
Liabilities |
Q4 2005 |
Q4 2004 |
% Change |
|---|---|---|---|
|
Long-Term Debt |
-- |
-- |
N/A |
|
Accounts Pay. |
$1,833 |
$ 1,114 |
+64.5% |
Cash Flow Highlights*
|
Q4 2005 |
Q4 2004 |
% Change |
|
|---|---|---|---|
|
Cash From Ops. |
$39,813 |
$32,731 |
+21.6% |
|
Capital Expend. |
$7,959 |
$7,440 |
+7.0% |
|
Free Cash Flow |
$31,854 |
$25,291 |
+25.9% |
Find out why Fools always follow the money.
Related Companies:
-
eCollege.com
(NASDAQ:ECLG) -
Microsoft
(NASDAQ:MSFT) -
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(NASDAQ:ORCL) -
SAP
(NYSE:SAP)
Related Blackboard Foolishness:
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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.
At the time of publication, Fool analyst Andy Cross owned shares in Microsoft. Fool rules are here.
