OPNET Technologies (Nasdaq: OPNT ) reported earnings on Oct. 29. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Sep. 30 (Q2), OPNET Technologies missed slightly on revenues and missed estimates on earnings per share.
Compared to the prior-year quarter, revenue grew and GAAP earnings per share dropped significantly.
Margins dropped across the board.
OPNET Technologies reported revenue of $47.1 million. The nine analysts polled by S&P Capital IQ foresaw revenue of $47.9 million on the same basis. GAAP reported sales were 12% higher than the prior-year quarter's $41.9 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 $0.17. The nine earnings estimates compiled by S&P Capital IQ averaged $0.21 per share. GAAP EPS of $0.17 for Q2 were 19% lower than the prior-year quarter's $0.21 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 78.2%, 20 basis points worse than the prior-year quarter. Operating margin was 13.0%, 430 basis points worse than the prior-year quarter. Net margin was 8.2%, 320 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $52.9 million. On the bottom line, the average EPS estimate is $0.28.
Next year's average estimate for revenue is $198.1 million. The average EPS estimate is $0.93.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 134 members out of 139 rating the stock outperform, and five members rating it underperform. Among 33 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 31 give OPNET 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 OPNET Technologies is outperform, with an average price target of $34.94.
Software and computerized services are being consumed in radically different ways, on new and increasingly mobile devices. Many old leaders will be left behind. Whether or not OPNET Technologies makes the coming cut, you should check out the company that Motley Fool analysts expect to lead the pack in "The Next Trillion-dollar Revolution." Click here for instant access to this free report.