POWERWAVE TECHNOLOGIES INC
Technology · Radio & Tv Broadcasting & Communications Equipment · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY12 | FY11 | FY10 | |
|---|---|---|---|
| Revenue | $444.4M | $591.5M | $567.5M |
| Operating income | −$53.7M | $26.8M | −$1.9M |
| Net income | −$77.6M | $3.7M | −$5.7M |
| Total assets | $342.3M | $425.6M | — |
| Total liabilities | $375.0M | $364.3M | — |
| Equity | −$32.7M | $61.3M | $612,000 |
| EPS (diluted) | $-2.36 | $0.14 | $-0.22 |
| Shares out. | 31.7M | 33.7M | 26.4M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2012- Operating margin
- −12.1%
- Net margin
- −17.5%
- Return on equity
- 237.4%
- Return on assets
- −22.7%
- Return on capital (ROCE)
- −23.5%
- Liabilities / assets
- 109.6%
- Debt / equity
- —
- Book value / share
- $-1.03
- Revenue growth (YoY)
- −24.9%
- Net income growth (YoY)
- −2190.5%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2012- Altman Z″ (distress)
- -6.08distress
- Accruals / assets
- −8.7%clean
- Piotroski F-Score
- 3/9weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 3 severe● 5 warning● 2 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- Revenue declined year-over-year
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Strong return on equity (>15%)
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Mar 1, 2007
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Burns RichardDirector | Mar 6, 2012 | Buy | 5,000 | $1.30 |
| Neun CarlDirector | Feb 21, 2012 | Buy | 50,000 | $1.32 |
| Burns RichardDirector | Feb 15, 2012 | Buy | 5,000 | $1.34 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Material events
SEC Form 8-K · most recent- Terminated a material agreement · Bankruptcy or receivership · Debt acceleration / triggering event · Delisting / listing-standard noticeJan 28, 2013
- Shareholder voteDec 19, 2012
- Delisting / listing-standard noticeDec 19, 2012
- Other material eventDec 10, 2012
- Delisting / listing-standard noticeNov 30, 2012
- Other material eventNov 16, 2012
- Results of operationsNov 8, 2012
- Director / officer change · Amended charter or bylawsOct 31, 2012
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- REVOKEDApr 3, 2019
- 25-NSEMar 22, 2013
- SC 13G/AFeb 14, 2013
- CT ORDERFeb 14, 2013
- SC 13G/AFeb 13, 2013
- SC 13G/AFeb 12, 2013
- SC 13G/AFeb 8, 2013
- 8-KFORM 8-KJan 28, 2013
- 10-Q/AFORM 10-Q/AJan 17, 2013
- 8-KFORM 8-KDec 19, 2012
- 8-KFORM 8-KDec 19, 2012
- DEFA14ADEFINITIVE ADDITIONAL MATERIALSDec 10, 2012
- 8-KFORM 8-KDec 10, 2012
- 8-KFORM 8-KNov 30, 2012
- S-3FORM S-3Nov 21, 2012
Event-driven situations (1)
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