On Aug. 1, microprocessor designer MIPS Technologies
- In addition to the fourth-quarter results in the tables below, the company reported full-year revenues of $83.3 million, 30% above 2006 levels. Earnings per share, however, fell 28% to $0.18.
- MIPS differs from others in the sector -- say, Intel
(NASDAQ:INTC) and AMD(NYSE:AMD) -- because it licenses its designs and thus carries no inventory. - The stock boasts a top-of-the-line five-star rating in Motley Fool CAPS.
(Figures in thousands, except per-share data.)
Income Statement Highlights
Q4 2007 |
Q4 2006 |
Change |
|
---|---|---|---|
Sales |
$23,679 |
$18,239 |
29.8% |
Net Profit |
$2,335 |
$7,475 |
(68.8%) |
EPS |
$0.05 |
$0.17 |
(70.6%) |
Diluted Shares |
46,374 |
44,987 |
3.1% |
Get back to basics with the income statement.
Margin Checkup
Q4 2007 |
Q4 2006 |
Change* |
|
---|---|---|---|
Operating Margin |
1.5% |
15.9% |
(14.4) |
Net Margin |
9.9% |
41.0% |
(31.1) |
Margins are the earnings engine.
Balance Sheet Highlights
Assets |
Q4 2007 |
Q4 2006 |
Change |
---|---|---|---|
Cash + ST Invest. |
$144,884 |
$121,206 |
19.5% |
Accounts Rec. |
$5,212 |
$4,631 |
12.5% |
Liabilities |
Q4 2007 |
Q4 2006 |
Change |
---|---|---|---|
Accounts Payable |
$503 |
$1,313 |
(61.7%) |
The balance sheet reflects the company's health.
Cash Flow Highlights
Regrettably, management failed to provide valuable cash-flow data.
Free cash flow is a Fool's best friend.
Related Foolishness:
Interested in finding the best small caps before the market catches on? Check out Motley Fool Hidden Gems free for 30 days.
Intel is an Inside Value pick.
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.