IMN » Topics » 2006 Consolidated Results of Operations

This excerpt taken from the IMN 10-K filed Feb 22, 2007.
2006 Consolidated Results of Operations
 
  •  Revenue of $1,584.7 million in 2006 was up 26.0 percent due to the Memorex acquisition compared with revenue of $1,258.1 million in 2005.
 
  •  Gross margin of 21.7 percent in 2006 was down from 24.0 percent in 2005, due mainly to product mix shifts as anticipated with the Memorex acquisition. Gross profit rose to $344.1 million in 2006 compared with $302.1 million in 2005.
 
  •  Selling, general and administrative expense was 11.0 percent of revenue in 2006, which represents a record low as a percent of revenue, compared with 11.6 percent in 2005.
 
  •  Operating income was $108.2 million in 2006, an increase of $4.9 million or approximately five percent from 2005.
 

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Zebra Technologies (ZBRA)
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