Pactera Technology International (Nasdaq: PACTV ) reported earnings on Nov. 15. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Sep. 30 (Q3), Pactera Technology International beat expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue increased significantly and GAAP earnings per share grew.
Gross margins were steady, operating margins dropped, net margins dropped.
Pactera Technology International booked revenue of $79.6 million. The three analysts polled by S&P Capital IQ foresaw sales of $76.9 million on the same basis. GAAP reported sales were 35% higher than the prior-year quarter's $58.9 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 $0.33. The three earnings estimates compiled by S&P Capital IQ averaged $0.23 per share. GAAP EPS of $0.15 for Q3 were 7.1% higher 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 35.6%, about the same as the prior-year quarter. Operating margin was 6.7%, 20 basis points worse than the prior-year quarter. Net margin was 5.9%, 160 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $82.6 million. On the bottom line, the average EPS estimate is $0.24.
Next year's average estimate for revenue is $294.2 million. The average EPS estimate is $0.88.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Pactera Technology International is buy, with an average price target of $13.51.
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