Oplink Communications (Nasdaq: OPLK ) reported earnings on Nov. 1. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Sep. 30 (Q1), Oplink Communications met expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue grew and GAAP earnings per share grew significantly.
Margins grew across the board.
Oplink Communications reported revenue of $44.9 million. The five analysts polled by S&P Capital IQ predicted a top line of $45.1 million on the same basis. GAAP reported sales were 3.5% higher than the prior-year quarter's $43.4 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 $0.26. The four earnings estimates compiled by S&P Capital IQ averaged $0.20 per share. GAAP EPS of $0.17 for Q1 were 183% higher than the prior-year quarter's $0.06 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 37.1%, 450 basis points better than the prior-year quarter. Operating margin was 8.6%, 430 basis points better than the prior-year quarter. Net margin was 7.5%, 470 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $47.5 million. On the bottom line, the average EPS estimate is $0.21.
Next year's average estimate for revenue is $192.3 million. The average EPS estimate is $0.85.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 161 members out of 183 rating the stock outperform, and 22 members rating it underperform. Among 38 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 32 give Oplink Communications a green thumbs-up, and six give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Oplink Communications is buy, with an average price target of $22.96.
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