hiSoft Technology International
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), hiSoft Technology International beat expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue increased significantly and GAAP earnings per share expanded significantly.
Margins increased across the board.
hiSoft Technology International recorded revenue of $64.9 million. The six analysts polled by S&P Capital IQ predicted a top line of $62.5 million on the same basis. GAAP reported sales were 53% higher than the prior-year quarter's $42.5 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 $0.31. The eight earnings estimates compiled by S&P Capital IQ predicted $0.29 per share on the same basis. GAAP EPS of $0.19 for Q4 were much higher than the prior-year quarter's $0.02 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 36.2%, 10 basis points better than the prior-year quarter. Operating margin was 10.3%, 800 basis points better than the prior-year quarter. Net margin was 10.5%, 930 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $64.1 million. On the bottom line, the average EPS estimate is $0.25.
Next year's average estimate for revenue is $281.9 million. The average EPS estimate is $1.13.
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 21 members out of 26 rating the stock outperform, and five members rating it underperform. Among 12 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), eight give hiSoft Technology International a green thumbs-up, and four give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on hiSoft Technology International is buy, with an average price target of $17.79.
Is hiSoft Technology International playing the right part in the new technology revolution? Computers, mobile devices, and related services are creating huge amounts of valuable data, but only for companies that can crunch the numbers and make sense of it. Meet the leader in this field in "The Only Stock You Need To Profit From the NEW Technology Revolution." Click here for instant access to this free report.
- Add hiSoft Technology International 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.