Compuware (Nasdaq: CPWR ) reported earnings on Oct. 23. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Sep. 30 (Q2), Compuware missed estimates on revenues and missed estimates on earnings per share.
Compared to the prior-year quarter, revenue dropped significantly and GAAP earnings per share dropped significantly.
Margins shrank across the board.
Compuware logged revenue of $220.6 million. The five analysts polled by S&P Capital IQ anticipated a top line of $227.9 million on the same basis. GAAP reported sales were 15% lower than the prior-year quarter's $260.7 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 $0.05. The six earnings estimates compiled by S&P Capital IQ predicted $0.07 per share. GAAP EPS of $0.05 for Q2 were 50% lower than the prior-year quarter's $0.10 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 63.3%, 280 basis points worse than the prior-year quarter. Operating margin was 7.8%, 730 basis points worse than the prior-year quarter. Net margin was 4.8%, 390 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $269.6 million. On the bottom line, the average EPS estimate is $0.15.
Next year's average estimate for revenue is $1.02 billion. The average EPS estimate is $0.47.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 144 members out of 168 rating the stock outperform, and 24 members rating it underperform. Among 47 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 43 give Compuware a green thumbs-up, and four give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Compuware is outperform, with an average price target of $10.92.
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