Bottomline Technologies (Nasdaq: EPAY ) reported earnings on May 7. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended March 31 (Q3), Bottomline Technologies met expectations on revenues and met expectations on earnings per share.
Compared to the prior-year quarter, revenue expanded and GAAP earnings per share dropped to a loss.
Margins contracted across the board.
Bottomline Technologies tallied revenue of $55.3 million. The seven analysts polled by S&P Capital IQ predicted revenue of $56.1 million on the same basis. GAAP reported sales were 13% higher than the prior-year quarter's $48.8 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.21. The nine earnings estimates compiled by S&P Capital IQ averaged $0.21 per share. GAAP EPS were -$0.04 for Q3 against $0.03 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 52.7%, 30 basis points worse than the prior-year quarter. Operating margin was -0.2%, 410 basis points worse than the prior-year quarter. Net margin was -2.4%, 460 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $62.0 million. On the bottom line, the average EPS estimate is $0.22.
Next year's average estimate for revenue is $225.6 million. The average EPS estimate is $0.96.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 39 members out of 55 rating the stock outperform, and 16 members rating it underperform. Among 14 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 12 give Bottomline Technologies a green thumbs-up, and two give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Bottomline Technologies is outperform, with an average price target of $28.78.
Over the decades, small-cap stocks, like Bottomline Technologies have provided market-beating returns, provided they're value priced and have solid businesses. Read about a pair of companies with a lock on their markets in "Too Small to Fail: Two Small Caps the Government Won't Let Go Broke." Click here for instant access to this free report.
- Add Bottomline Technologies to My Watchlist.