The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Rudolph Technologies beat expectations on revenue and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue shrank significantly, and GAAP earnings per share dropped significantly.
Margins dropped across the board.
Rudolph Technologies chalked up revenue of $43.6 million. The three analysts polled by S&P Capital IQ predicted revenue of $39.0 million. Sales were 19% lower than the prior-year quarter's $54.0 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions.
Non-GAAP EPS came in at $0.15. The three earnings estimates compiled by S&P Capital IQ predicted $0.09 per share on the same basis. GAAP EPS of $0.19 for Q4 were 37% lower than the prior-year quarter's $0.30 per share.
Source: S&P Capital IQ. Quarterly periods. Figures may be non-GAAP to maintain comparability with estimates.
For the quarter, gross margin was 52.6%, 140 basis points worse than the prior-year quarter. Operating margin was 0.5%, 1,980 basis points worse than the prior-year quarter. Net margin was 14.3%, 340 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $41.4 million. On the bottom line, the average EPS estimate is $0.13.
Next year's average estimate for revenue is $186.4 million. The average EPS estimate is $0.77.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 92 members out of 100 rating the stock outperform, and eight members rating it underperform. Among 25 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 24 give Rudolph Technologies a green thumbs-up, and one give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Rudolph Technologies is buy, with an average price target of $13.50.
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Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.