Quick look at ratios:
Sales +29.8% Good
GPM 54.5% vs 53.0% Good
S&M +43.15% Not so good vs +30% Revenues, but okay
R&D +52.75% Future investment
G&A +24.90% Excellent
---- -------
OpEx +43.7% Not so good vs +30% Revenues, but okay
OpInc +14.47%
EPS +11.9%
Revenues are great, margins are great, sales, marketing, research &
development all took a toll on the bottom line, not to metion the
increase in shares outstanding.
Can't do a DSO or inventory comparison, because the damn balance sheet
says that the comparative period is May 31, 1996! What the hell is that? |
