BroadSoft (Nasdaq: BSFT ) is expected to report Q2 earnings on Aug. 6. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict BroadSoft's revenue will increase 16.7% and EPS will drop 27.6%.
The average estimate for revenue is $37.6 million. On the bottom line, the average EPS estimate is $0.21.
Last quarter, BroadSoft booked revenue of $38.3 million. GAAP reported sales were 29% higher than the prior-year quarter's $29.7 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.29. GAAP EPS of $0.06 for Q1 were 54% lower than the prior-year quarter's $0.13 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 80.4%, 70 basis points worse than the prior-year quarter. Operating margin was 12.8%, 120 basis points worse than the prior-year quarter. Net margin was 4.4%, 810 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $161.8 million. The average EPS estimate is $1.25.
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 40 members out of 128 rating the stock outperform, and 88 members rating it underperform. Among 40 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), six give BroadSoft a green thumbs-up, and 34 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on BroadSoft is outperform, with an average price target of $42.11.
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