MICROS Systems (Nasdaq: MCRS ) reported earnings on Jan. 24. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q2), MICROS Systems beat slightly on revenues and met expectations on earnings per share.
Compared to the prior-year quarter, revenue grew significantly and GAAP earnings per share increased.
Margins shrank across the board.
MICROS Systems recorded revenue of $324.5 million. The 13 analysts polled by S&P Capital IQ expected to see revenue of $320.6 million on the same basis. GAAP reported sales were 20% higher than the prior-year quarter's $270.4 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 $0.58. The 12 earnings estimates compiled by S&P Capital IQ averaged $0.58 per share. GAAP EPS of $0.54 for Q2 were 15% higher than the prior-year quarter's $0.47 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 53.1%, 320 basis points worse than the prior-year quarter. Operating margin was 19.5%, 60 basis points worse than the prior-year quarter. Net margin was 13.6%, 60 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $335.0 million. On the bottom line, the average EPS estimate is $0.62.
Next year's average estimate for revenue is $1.32 billion. The average EPS estimate is $2.44.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 134 members out of 145 rating the stock outperform, and 11 members rating it underperform. Among 50 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 47 give MICROS Systems a green thumbs-up, and three give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on MICROS Systems is outperform, with an average price target of $56.33.
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