The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Aixtron SE beat expectations on revenues and missed expectations on earnings per share.
Compared to the prior-year quarter, revenue contracted significantly and GAAP earnings per share dropped to a loss.
Margins dropped across the board.
Aixtron SE reported revenue of $182.0 million. The 17 analysts polled by S&P Capital IQ predicted revenue of $176.9 million on the same basis. GAAP reported sales were 40% lower than the prior-year quarter's $301.3 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 -$0.14. The eight earnings estimates compiled by S&P Capital IQ predicted $0.11 per share. GAAP EPS were -$0.14 for Q4 versus $0.80 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 8.4%, 4,380 basis points worse than the prior-year quarter. Operating margin was -13.8%, 5,310 basis points worse than the prior-year quarter. Net margin was -7.8%, 3,520 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $107.0 million. On the bottom line, the average EPS estimate is $0.04.
Next year's average estimate for revenue is $472.4 million. The average EPS estimate is $0.27.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 214 members out of 241 rating the stock outperform, and 27 members rating it underperform. Among 61 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 55 give Aixtron SE a green thumbs-up, and six give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Aixtron SE is hold, with an average price target of $12.33.
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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.