VASCO Data Security International
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), VASCO Data Security International beat expectations on both revenues and earnings per share.
Compared to the prior-year quarter, both revenue and GAAP earnings per share grew significantly.
Gross margin dropped, operating margin contracted, and net margin expanded.
VASCO Data Security International logged revenue of $48.5 million. The four analysts polled by S&P Capital IQ predicted net sales of $42.1 million on the same basis. GAAP reported sales were 47% higher than the prior-year quarter's $33.0 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Non-GAAP EPS came in at $0.29. The two earnings estimates compiled by S&P Capital IQ predicted $0.13 per share on the same basis. GAAP EPS of $0.28 for Q4 were 65% higher than the prior-year quarter's $0.17 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 66.0%, 460 basis points worse than the prior-year quarter. Operating margin was 18.7%, 430 basis points worse than the prior-year quarter. Net margin was 22.2%, 200 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $37.1 million. On the bottom line, the average EPS estimate is $0.09.
Next year's average estimate for revenue is $169.9 million. The average EPS estimate is $0.49.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 2,001 members out of 2,068 rating the stock outperform, and 68 members rating it underperform. Among 584 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 573 give VASCO Data Security International a green thumbs-up, and 11 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on VASCO Data Security International is outperform, with an average price target of $9.75.
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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.