On Feb. 28, ceramic specialist and body armor maker Ceradyne
- Quarterly revenues rose 37% and EPS jumped 80%.
- Margins rose across the board, with operating margins up more than seven percentage points.
(Figures in thousands, except per-share data)
Income Statement Highlights
Avg. Est. | Q4 2005 | Q4 2004 | % Change | |
|---|---|---|---|---|
Sales | $107,930 | $114,153 | $83,372 | 36.9% |
Net Profit | -- | $16,054 | $8,785 | 82.7% |
EPS | $0.59 | $0.63 | $0.35 | 80.0% |
Get back to basics with a look at the income statement.
Margin Checkup
Q4 2005 | Q4 2004 | % Change | |
|---|---|---|---|
Gross Margin | 36.67% | 31.30% | 5.38% |
Op. Margin | 24.95% | 17.79% | 7.1% |
Net Margin | 14.06% | 10.54% | 3.53% |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
Assets | Q4 2005 | Q4 2004 | % Change |
|---|---|---|---|
Cash+ ST Invest. | $99,381 | $14,562 | 582.5% |
Other Cur Assets | $155,080 | $120,085 | 29.1% |
Liabilities | Q4 2005 | Q4 2004 | % Change |
|---|---|---|---|
Long-Term Debt | $121,000 | $108,625 | 11.4% |
Current Liabilities | $40,739 | $56,258 | (27.6%) |
Cash Flow Highlights
Data not provided. (Booo!)
Find out why Fools always follow the money.
Related Companies:
- DHB Industries
(AMEX:DHB) - Armor Holdings
(NYSE:AH) - General Dynamics
(NYSE:GD) - Lockheed Martin
(NYSE:LMT) - Raytheon
(NYSE:RTN)
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At the time of publication, Seth Jayson had shares of Ceradyne but no positions in any other firm mentioned. Fool rules are here.
