OpenTable (Nasdaq: OPEN ) reported earnings on Feb. 7. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), OpenTable beat slightly on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue grew significantly and GAAP earnings per share grew.
Gross margins expanded, operating margins dropped, net margins shrank.
OpenTable logged revenue of $43.0 million. The 15 analysts polled by S&P Capital IQ predicted a top line of $42.5 million on the same basis. GAAP reported sales were 16% higher than the prior-year quarter's $37.2 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 $0.46. The 15 earnings estimates compiled by S&P Capital IQ forecast $0.43 per share. GAAP EPS of $0.32 for Q4 were 10% higher than the prior-year quarter's $0.29 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 75.5%, 310 basis points better than the prior-year quarter. Operating margin was 25.9%, 310 basis points worse than the prior-year quarter. Net margin was 17.4%, 140 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $45.8 million. On the bottom line, the average EPS estimate is $0.46.
Next year's average estimate for revenue is $189.2 million. The average EPS estimate is $1.94.
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 226 members out of 451 rating the stock outperform, and 225 members rating it underperform. Among 135 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 58 give OpenTable a green thumbs-up, and 77 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on OpenTable is hold, with an average price target of $46.93.
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