Qlogic Revenue, Profits - QLGC Annual Income Statement

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$16.07 $0 (0%) QLGC stock closing price Aug 16, 2016 (Closing)

Fundamental analysis of QLGC stock involves analyzing its financial statements, apart from checking the Qlogic stock price. The key financial statements of a company are the income statement, the balance sheet and the cash flow statement. The income statement is generated for a specific period of time, typically a year or a quarter. The revenue decrease to $458.91M for 2016 impacts the QLGC stock. Investors typically check year over year or quarter over quarter revenue growth. The operating expenses as shown in the Qlogic profit and loss statement for 2016 total to $222.64M. This line item shows that the operating expenses has decreased compared with last year. Also check: Qlogic assets and Qlogic free cash flow.

View revenue and profit details for latest and last 10 financial years.
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Quarterly
Annual
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Fiscal year is Apr - Mar20162015201420132012201120102009
Qlogic Revenues or Net Sales
458.91M520.19M460.9M484.53M558.6M597.19M549.07M633.86M
Cost Of Goods Sold (COGS)187.46M214.14M150.8M159.18M177.7M203.94M196.12M210.07M
Qlogic Gross Profit
271.44M306.05M310.1M325.35M380.9M393.25M352.94M423.78M
Research & Development Expense128.77M144.26M147.01M156.09M138.76M137.65M136.83M133.25M
Selling General & Admin Expense93.87M107.36M175.31M111.41M112.66M116M117M123.66M
Income Before Depreciation Depletion Amortization48.79M54.43M-12.21M57.85M129.46M139.59M99.1M166.87M
Depreciation Depletion Amortization--------
Non Operating Income1.92M-3.26M4M3.95M5.18M10.6M2.13M
Interest Expense--------
Qlogic Pretax Income
50.72M55.19M-8.96M61.85M133.42M144.78M109.7M169M
Provision for Income Taxes4.26M4.6M9.3M-11.7M13.98M5.69M54.75M60.21M
MinorityInterest--------
Investment Gains Losses--------
Other Income--------
Income Before Extraordinaries & Disc Operations46.46M50.59M-18.26M73.56M119.44M139.09M54.94M108.78M
Extraordinary Items & Discontinued Operations----0.42M109.99M---
Qlogic Profit/ Loss (Net Income)
46.46M50.59M-18.26M73.13M229.43M139.09M54.94M108.78M
Average Shares used to compute Diluted EPS86.11M-87.61M94M102.71M109.19M117.36M128.57M
Average Shares used to compute Basic EPS85.12M-87.61M93.56M101.77M107.65M116.04M127.78M
Income Before Nonrecurring Items71.76M-60.17M54.9M120.13M142.5M86.89M124.81M
Income from Nonrecurring Items-25.3M--78.44M18.66M-0.68M-3.41M-31.94M-16.02M
Qlogic Earnings Per Share Basic Net
0.550.59-0.210.782.251.290.470.85
Qlogic Earnings Per Share Diluted Net
0.540.57-0.210.782.231.270.470.85
EPS Diluted Before Nonrecurring Items0.830.890.690.581.171.300.740.97
Preferred Dividends Acc Pd--------
Dividends Common--------
Dividend Per Share Common0.000.000.000.000.000.000.000.00
All figures in USD. M: Millions of USD, B: Billions of USD.
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The key things to look for in an income statement while doing Qlogic stock analysis are:

  • Topline: A growing topline, as seen from the Qlogic revenue chart, as isn't the case with Qlogic indicates a sagging business. One needs to compare the YoY topline or sales growth of QLGC stock with its peers like XXIA stock and INFN stock to see if the growth compares well with what can be expected from a company in that industry.
  • Bottom line: The bottomline or the net income figure is arrived at by deducting all expenses from the topline which in this case is $46.46M for QLGC stock. An improving bottomline implies that the company is growing its profits.

The income statement is also called the profit and loss statement. Apart from the QLGC income statement, one can check the Qlogic historical stock prices to check how the price has moved with time.