Actuate (Nasdaq: BIRT ) reported earnings on Feb. 4. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Actuate beat expectations on revenues and met expectations on earnings per share.
Compared to the prior-year quarter, revenue grew slightly and GAAP earnings per share contracted significantly.
Gross margins grew, operating margins dropped, net margins contracted.
Actuate logged revenue of $35.6 million. The six analysts polled by S&P Capital IQ predicted a top line of $34.0 million on the same basis. GAAP reported sales were 0.8% higher than the prior-year quarter's $35.3 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 $0.09. The six earnings estimates compiled by S&P Capital IQ predicted $0.09 per share. GAAP EPS of $0.01 for Q4 were 89% lower than the prior-year quarter's $0.09 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 84.4%, 10 basis points better than the prior-year quarter. Operating margin was 10.6%, 1,140 basis points worse than the prior-year quarter. Net margin was 2.1%, 1,210 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $33.6 million. On the bottom line, the average EPS estimate is $0.08.
Next year's average estimate for revenue is $142.7 million. The average EPS estimate is $0.39.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 487 members out of 502 rating the stock outperform, and 15 members rating it underperform. Among 104 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 99 give Actuate a green thumbs-up, and five give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Actuate is outperform, with an average price target of $7.50.
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