Silicon Graphics International (Nasdaq: SGI ) is expected to report Q2 earnings on Jan. 30. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Silicon Graphics International's revenues will shrink -12.6% and EPS will grow 125.0%.
The average estimate for revenue is $170.7 million. On the bottom line, the average EPS estimate is $0.09.
Last quarter, Silicon Graphics International reported revenue of $192.9 million. GAAP reported sales were 7.8% higher than the prior-year quarter's $178.9 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at -$0.10. GAAP EPS were -$0.27 for Q1 versus -$0.08 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 21.9%, 750 basis points worse than the prior-year quarter. Operating margin was -2.9%, 170 basis points worse than the prior-year quarter. Net margin was -4.5%, 300 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $768.7 million. The average EPS estimate is $0.18.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Silicon Graphics International is buy, with an average price target of $13.00.
Looking to profit from the makers of computer hardware? You may be missing something obvious about where the money will be made in the tech industry of the future. Is Silicon Graphics International on the right side of the revolution? Check out the changing landscape and meet the company that Motley Fool analysts expect to lead "The Next Trillion-dollar Revolution." Click here for instant access to this free report.