The 10-second takeaway
For the quarter ended Dec. 31 (Q4), ATRION whiffed on revenues and missed expectations on earnings per share.
Compared to the prior-year quarter, revenue dropped and GAAP earnings per share dropped slightly.
Margins improved across the board.
ATRION booked revenue of $25.5 million. The one analyst polled by S&P Capital IQ expected a top line of $30.1 million on the same basis. GAAP reported sales were 4.2% lower than the prior-year quarter's $26.6 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 $2.65. The one earnings estimate compiled by S&P Capital IQ predicted $3.35 per share. GAAP EPS of $2.65 for Q4 were 0.7% lower than the prior-year quarter's $2.67 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 49.8%, 140 basis points better than the prior-year quarter. Operating margin was 29.9%, 80 basis points better than the prior-year quarter. Net margin was 21.1%, 70 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $33.9 million. On the bottom line, the average EPS estimate is $3.75.
Next year's average estimate for revenue is $137.8 million. The average EPS estimate is $15.26.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 240 members out of 248 rating the stock outperform, and eight members rating it underperform. Among 88 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 87 give ATRION a green thumbs-up, and one gives it a red thumbs-down.
The health-care investing landscape is littered with also-rans and a few major winners. Is ATRION performing well enough for you? Read "Discover the Next Rule-Breaking Multibagger" to learn about a company Fool co-founder David Gardner believes will deliver amazing returns during the next few years. Click here for instant access to this free report.
- Add ATRION to My Watchlist.
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.