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3PAR Inc. (PAR)

Income Statement Business | Product | Geographic

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsMar-31-10Mar-31-09Mar-31-08Mar-31-07Mar-31-06Mar-31-05
   10-K10-K10-K10-K10-KS-1/A
Total revenues  194.3184.7118.066.238.223.8
            Revenue growth  5.2%56.5%78.4%73.3%60.6% 
Cost of goods sold  67.964.841.023.915.712.1
Gross profit  126.4120.077.042.322.511.6
            Gross margin  65.1%64.9%65.3%63.9%58.8%49.0%
Selling, general and administrative   [+]82.275.655.034.220.014.4
Research and development  47.646.334.124.518.515.2
EBITDA   [+]5.34.0-8.7-14.2-14.3-16.1
            EBITDA margin  2.7%2.2%-7.3%-21.5%-37.5%-67.9%
Depreciation and amortization  8.66.03.32.21.71.9
EBIT   [+]-3.3-2.0-12.0-16.4-16.0-18.0
            EBIT margin  -1.7%-1.1%-10.2%-24.8%-41.9%-75.7%
Interest income, net   [+]0.62.21.91.0-0.30.1
Other income (expense), net  -0.1-0.90.10.00.00.5
Pre-tax income  -2.9-0.7-9.9-15.4-16.2-17.4
Income taxes  0.30.20.20.10.00.0
            Tax rate       0.0%
Net income  -3.2-1.0-10.1-15.5-16.3-17.4
            Net margin  -1.6%-0.5%-8.6%-23.4%-42.6%-73.3%
   
Basic EPS   [+]($0.05)($0.02)($0.30)($0.87)($1.01)($1.26)
Diluted EPS   [+]($0.05)($0.02)($0.30)($0.87)($1.01)($1.26)
   
Shares outstanding (basic)   [+]61.860.634.117.716.113.8
Shares outstanding (diluted)   [+]61.860.634.117.716.113.8
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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