On Aug. 7, II-VI (NASDAQ:IIVI) released fourth-quarter earnings for the period ended June 30.
- Revenues increased 10.8% and the company's bookings for the quarter increased 22% year over year.
- For the fiscal year ending June 30, 2008, the company expects revenues to range from $307 million to $317 million and earnings per share to range from $1.36 to $1.46.
- Motley Fool Hidden Gems recommendation II-VI carries a five-star Motley Fool CAPS rating. Its competitors, Northrop Grumman (NYSE:NOC) and Rohm & Haas (NYSE:ROH), carry a four- and five-star rating, respectively.
(Figures in thousands, except per-share data.)
Income Statement Highlights
|
Q4 2007 |
Q4 2006 |
Change | |
|---|---|---|---|
|
Sales |
$71,971 |
$64,944 |
10.8% |
|
Net Profit |
$11,309 |
($8,585) |
N/A |
|
EPS |
$0.37 |
($0.29) |
N/A |
|
Diluted Shares |
30,385 |
29,247 |
3.9% |
Get back to basics with the income statement.
Margin Checkup
|
Q4 2007 |
Q4 2006 |
Change* | |
|---|---|---|---|
|
Gross Margin |
44.9% |
44.3% |
0.6 |
|
Operating Margin |
20.2% |
(8.9%) |
29.1 |
|
Net Margin |
15.7% |
(13.2%) |
28.9 |
Margins are the earnings engine.
Balance Sheet Highlights
|
Assets |
Q4 2007 |
Q4 2006 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$33,318 |
$26,885 |
23.9% |
|
Accounts Rec. |
$47,724 |
$42,122 |
13.3% |
|
Inventory |
$59,857 |
$48,454 |
23.5% |
|
Liabilities |
Q4 2007 |
Q4 2006 |
Change |
|---|---|---|---|
|
Accounts Payable |
$14,099 |
$9,540 |
47.8% |
|
Long-Term Debt |
$14,940 |
$23,614 |
(36.7%) |
The balance sheet reflects the company's health.
Cash Flow Highlights
No data available. (Lame!)
Free cash flow is a Fool's best friend.
Related Foolishness:
- Foolish Forecast: II-VI's Q2
- Foolish Forecast: Rofin-Sinar Speaks
- Rofin-Sinar Welds Itself to Growth
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.
