Computer Programs & Systems
The 10-second takeaway
For the quarter ended March 31 (Q1), Computer Programs & Systems beat slightly on revenues and missed estimates on earnings per share.
Compared to the prior-year quarter, revenue improved and GAAP earnings per share grew.
Gross margins improved, operating margins dropped, and net margins contracted.
Computer Programs & Systems logged revenue of $44.5 million. The 11 analysts polled by S&P Capital IQ foresaw a top line of $43.8 million on the same basis. GAAP reported sales were 10% higher than the prior-year quarter's $40.4 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 $0.51. The 12 earnings estimates compiled by S&P Capital IQ averaged $0.56 per share. GAAP EPS of $0.51 for Q1 were 4.1% higher than the prior-year quarter's $0.49 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 43.3%, 90 basis points better than the prior-year quarter. Operating margin was 20.2%, 80 basis points worse than the prior-year quarter. Net margin was 12.7%, 60 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $49.7 million. On the bottom line, the average EPS estimate is $0.70.
Next year's average estimate for revenue is $193.5 million. The average EPS estimate is $2.70.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 123 members out of 131 rating the stock outperform, and eight members rating it underperform. Among 47 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 46 give Computer Programs & Systems a green thumbs-up, and one gives it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Computer Programs & Systems is outperform, with an average price target of $69.05.
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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.