Active Network (NYSE: ACTV ) reported earnings on Feb. 14. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Active Network missed slightly on revenues and exceeded expectations on earnings per share.
Compared to the prior-year quarter, revenue increased significantly and GAAP loss per share increased.
Gross margins grew, operating margins grew, net margins shrank.
Active Network reported revenue of $93.7 million. The seven analysts polled by S&P Capital IQ predicted a top line of $95.2 million on the same basis. GAAP reported sales were 23% higher than the prior-year quarter's $76.0 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 -$0.10. The seven earnings estimates compiled by S&P Capital IQ forecast -$0.11 per share. GAAP EPS were -$0.24 for Q4 compared to -$0.16 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 quarter, gross margin was 52.5%, 70 basis points better than the prior-year quarter. Operating margin was -16.1%, 90 basis points better than the prior-year quarter. Net margin was -15.3%, 410 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $106.2 million. On the bottom line, the average EPS estimate is -$0.15.
Next year's average estimate for revenue is $475.0 million. The average EPS estimate is -$0.08.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 38 members out of 49 rating the stock outperform, and 11 members rating it underperform. Among 18 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 13 give Active Network 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 Active Network is outperform, with an average price target of $10.67.
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