The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Inteliquent beat slightly on revenue and missed estimates on earnings per share.
Compared to the prior-year quarter, revenue expanded and GAAP earnings per share grew.
Margins dropped across the board.
Inteliquent reported revenue of $69.5 million. The eight analysts polled by S&P Capital IQ predicted net sales of $68.6 million on the same basis. GAAP reported sales were 8.9% higher than the prior-year quarter's $63.8 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 $0.19. The eight earnings estimates compiled by S&P Capital IQ forecast $0.24 per share. GAAP EPS of $0.19 for Q4 were 5.6% higher than the prior-year quarter's $0.18 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 41.8%, 290 basis points worse than the prior-year quarter. Operating margin was 18.4%, 650 basis points worse than the prior-year quarter. Net margin was 8.6%, 90 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $70.2 million. On the bottom line, the average EPS estimate is $0.22.
Next year's average estimate for revenue is $287.9 million. The average EPS estimate is $0.94.
The stock has a five-star rating (out of five) at Motley Fool CAPS. Among 250 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 247 give Inteliquent a green thumbs-up, and three give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Inteliquent is outperform, with an average price target of $14.25.
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