The 10-second takeaway
For the quarter ended Sep. 30 (Q3), Rudolph Technologies beat expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue expanded significantly and GAAP earnings per share grew significantly.
Gross margins dropped, operating margins grew, net margins dropped.
Rudolph Technologies reported revenue of $62.2 million. The five analysts polled by S&P Capital IQ looked for sales of $60.2 million on the same basis. GAAP reported sales were 50% higher than the prior-year quarter's $41.4 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 $0.25. The five earnings estimates compiled by S&P Capital IQ predicted $0.23 per share. GAAP EPS of $0.20 for Q3 were 25% higher than the prior-year quarter's $0.16 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 53.3%, 40 basis points worse than the prior-year quarter. Operating margin was 19.4%, 690 basis points better than the prior-year quarter. Net margin was 10.7%, 210 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $56.6 million. On the bottom line, the average EPS estimate is $0.19.
Next year's average estimate for revenue is $218.8 million. The average EPS estimate is $0.74.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 93 members out of 100 rating the stock outperform, and seven members rating it underperform. Among 25 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 24 give Rudolph Technologies a green thumbs-up, and one give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Rudolph Technologies is buy, with an average price target of $14.30.
Is Rudolph Technologies the best semiconductor stock for you? You may be missing something obvious. Check out the semiconductor company that Motley Fool analysts expect to lead "The Next Trillion-dollar Revolution." Click here for instant access to this free report.
- Add Rudolph Technologies to My Watchlist.