The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict LTX-Credence's revenues will drop -29.5% and EPS will drop -88.9%.
The average estimate for revenue is $44.2 million. On the bottom line, the average EPS estimate is $0.03.
Last quarter, LTX-Credence chalked up revenue of $30.8 million. GAAP reported sales were 47% lower than the prior-year quarter's $58.7 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at -$0.10. GAAP EPS were -$0.14 for Q3 versus $0.47 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 preceding quarter, gross margin was 51.3%, 1,090 basis points worse than the prior-year quarter. Operating margin was -19.6%, 3,650 basis points worse than the prior-year quarter. Net margin was -21.5%, 6,180 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $132.9 million. The average EPS estimate is -$0.35.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 107 members out of 118 rating the stock outperform, and 11 members rating it underperform. Among 18 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 17 give LTX-Credence a green thumbs-up, and one give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on LTX-Credence is outperform, with an average price target of $9.00.
Is LTX-Credence the best semiconductor stock for you? You may be missing something obvious. Check out the semiconductor company that Motley Fool analysts expect to lead "The Next Trillion-dollar Revolution." Click here for instant access to this free report.
- Add LTX-Credence to My Watchlist.