Supertex (Nasdaq: SUPX ) reported earnings on Oct. 22. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Sep. 29 (Q2), Supertex beat slightly on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue shrank and GAAP earnings per share shrank significantly.
Margins contracted across the board.
Supertex notched revenue of $15.9 million. The five analysts polled by S&P Capital IQ expected a top line of $15.7 million on the same basis. GAAP reported sales were 6.1% lower than the prior-year quarter's $17.0 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 $0.12. The three earnings estimates compiled by S&P Capital IQ forecast $0.10 per share. GAAP EPS of $0.06 for Q2 were 57% lower than the prior-year quarter's $0.14 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 46.2%, 410 basis points worse than the prior-year quarter. Operating margin was 2.2%, 1,310 basis points worse than the prior-year quarter. Net margin was 4.3%, 580 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $16.6 million. On the bottom line, the average EPS estimate is $0.14.
Next year's average estimate for revenue is $65.4 million. The average EPS estimate is $0.50.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 93 members out of 104 rating the stock outperform, and 11 members rating it underperform. Among 30 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 28 give Supertex 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 Supertex is hold, with an average price target of $20.75.
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